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NYSERDA’s New Battery Storage Incentive is Here
We’ve got exciting news for New York homeowners looking to enhance their energy independence! NYSERDA (the New York State Energy Research and Development Authority) has just announced a new incentive for battery storage, making it more affordable than ever to add backup power to your home solar energy system.
New York Homeowners Can Secure Big Savings on Battery Storage
NYSERDA’s Battery Storage Grant provides homeowners with $200 per kWh of storage. This incentive is available to eligible New York State homeowners who install battery storage through a NYSERDA-approved installer—like GreenSpark!
For context, this is the equivalent of $3,000 off our new Franklin aPower 2 battery offering, $2,700 off a single Tesla Powerwall 3, or $2,000 off our standard Enphase solution (2 batteries).*
Plus, this new battery storage incentive can be stacked with the Federal 30% Tax Credit for even greater savings!
$3,000 Off Franklin aPower 2 (15 kWh)
$2,000 Off Two Enphase IQ 5P (10 kWh)
$2,700 Off Tesla Powerwall 3 (13.5 kWh)
NYSERDA’s incentive funding is limited and awarded on a first-come, first-served basis—so acting quickly is key to securing your rebate.
*Note: This incentive applies to new battery storage installations only and cannot be applied retroactively.
Why add battery storage to your solar energy system?
By adding battery storage to your existing solar array or working with GreenSpark to design a solar plus battery storage energy system, you can:
✔ Reduce reliance on the utility grid by storing your excess solar energy for use anytime
✔ Keep the lights on, essential home appliances, and life-saving equipment running during grid outages
✔ Move away from using dangerous fossil fuel alternatives, like generators, to back up your home.
There’s never been a better time to invest in battery storage.
Whether you’re an existing solar owner exploring your options for adding battery storage, or new to clean energy solutions, here’s why now is the best time to make the investment.
- Avoid rising energy costs: Local utilities adjust their rates regularly, sometimes by as much as 5-15% in a given year. Investing in producing your own energy, with American-made solar equipment, locks in long-term savings and protects you from unpredictable rate hikes.
- Maximize savings with historic incentives: The current solar and battery incentives available to homeowners are historic. However, with federal clean energy policy evolving, there is some uncertainty about how long they may last. By making the switch now, you can maximize your savings potential and increase your return on investment.
- Increase your home’s value: Homes with solar energy systems sell at a higher price than homes without (6.8%, according to a recent study conducted by Solar Reviews), so an investment in solar and battery storage pays off in more ways than one.
- Secure your energy future: Current net metering policies let you bank energy credits for excess solar production, but adding battery storage ensures you’re prepared for any future policy changes (in the case net metering ever goes away) while maximizing your solar investment.
- Create energy resilience: With more extreme weather bringing power outages, property damage, and unpredictable storms, adding battery storage to your solar energy system ensures reliable backup power and greater energy security.
Lock in this incentive before it’s gone! Request your battery storage or solar plus battery quote today.
