One of the inaugural goals of Solar One’s I Heart PV campaign was successfully met today when the New York State Assembly passed legislation to create a special property tax abatement for new solar system owners in New York City. Bill A11202, introduced by Assembly Member Farrell of Harlem, was identical to legislation in the State Senate (S8145-Padavan) that successfully passed last week.
The abatement will provide a powerful incentive for solar investment, level the comparatively high cost of solar in the five boroughs relative to the neighboring region, and help to permanently drive down the market cost of the technology through market expansion. The policy originated as one of the 127 recommendations in the Mayor’s longterm sustainability blueprint, PlaNYC. To find out more about the policy, click here.
For the past two months, Solar One’s I Heart PV campaign has worked with other advocates to mobilize constituents and help build legislative support for the bill. On behalf of its staff and many partners - including Vote Solar’s Shaun Chapman, with whom I Heart PV worked closely week in and week out - Solar One thanks all of the voters who made their voices heard and helped make solar more viable in New York City.