Bill > A09051

This bill expands the existing solar energy system equipment tax credit in New York to include solar energy systems installed in "community solar arrays," which are defined as locations separate from a person's primary residence where solar equipment is owned and installed for use in that person's home. The legislation modifies the tax law to allow residents to claim a tax credit for solar energy systems that are part of a shared solar installation, rather than only for systems directly installed on their own property. Specifically, the bill amends the definition of "solar energy system equipment" to include systems in community solar arrays and adjusts how tax credits are calculated when multiple taxpayers are involved in a shared solar project. If multiple taxpayers are connected to the same community solar array, the tax credit will be prorated based on each taxpayer's percentage of contribution to the total solar system expenditure. The changes aim to make solar energy more accessible by allowing residents who may not have suitable roof space or ownership conditions to still benefit from solar tax credits through community solar projects. The bill will take effect immediately and apply to tax years starting after the date it becomes law.

Budget and Finance

https://www.nysenate.gov/legislation/bills/2025/A9051