Bill > S01385

This bill makes several key changes to promote solar energy adoption and renewable energy development in New York. First, it increases the solar energy system equipment tax credit from 25% to 40% and raises the maximum credit from $5,000 to $10,000 for solar equipment installed after January 1, 2026. The bill also introduces a new "Solar STAR credit" for homeowners in municipalities that host at least two midscale solar energy projects (defined as projects between 1-5 megawatts), offering a credit equal to 25% of the existing STAR credit for a period of 10 years. Additionally, the bill modifies the siting process for major renewable energy facilities by requiring developers to obtain not only state permits but also any necessary municipal permits, which represents a significant change in how renewable energy projects are approved. The legislation also updates several provisions related to judicial review of renewable energy facility permits, allowing for more comprehensive review processes that include municipal permitting authorities. These changes aim to incentivize solar energy adoption, support local renewable energy development, and provide more local input into the siting of large-scale energy projects.

Budget and Finance, Transportation and Infrastructure

https://www.nysenate.gov/legislation/bills/2025/S1385