The New York State Energy Research and Development Authority (NYSERDA) is broadening its Solar Hot Water Program to include projects that displace hot water produced by heating oil, natural gas, propane and wood, in addition to projects that displace electricity.
Previously, the program focused only on displacement of hot water produced by electricity. The changes are expected to increase the number of households and businesses able to install solar hot water systems.
Under new funding guidelines, the Solar Hot Water Program provides incentives of up to $6,000 per site for eligible one- to four-family homes and up to $150,000 per site for eligible commercial (including multifamily), agricultural, not-for-profit and government facilities. The program has $4.3 million available from the renewable portfolio standard to displace hot water produced by electricity through the end of this year and almost $3.4 million from the Regional Greenhouse Gas Initiative to displace hot water produced by non-electric fuel sources.
NYSERDA will begin accepting applications for the expanded Solar Hot Water Program starting March 20 on a first come-first served basis. Applications will be available through solar hot water installers for homes, commercial facilities, agricultural use, not-for-profits and government buildings.
‘This solar hot water expansion is an opportunity for more residents, businesses and organizations to benefit from this clean energy resource,’ says John B. Rhodes, president and CEO of NYSERDA.
For more information on NYSERDA's Solar Hot Water Program, click here.