Currently, these are the incentives for a Solar PV System, the numbers change periodically and it’s getting more expensive as demand increases for the consumer, sometimes with little notice.  These systems aren’t getting less expensive in the near future. 

Long Island Power Authority Solar Pioneer Rebate
LIPA currently offers a cash rebate up to a maximum of $35,000 for the largest system that they allow on a residential property (10 Kilowatts). For every kilowatt of power capacity that you install, you will earn you a cash rebate of $3,500.00 directly from LIPA! This opportunity makes solar power accessible and economical for Long Islanders, in fact these incentives when coupled with your tax credits, total about 2/3 the cost of the average system needed here on L. I. to potentially eliminate your electric bills.  You will get a letter from LIPA that insures your ‘reservation’ of the size system you request, as long as it is available.  You will be notified by K-Star if LIPA’s allocation has reached it’s limit before you submit your application.

Net Metering
New York’s Solar Choice Act offers residential customers “net metering” for any excess power that you produce but are not using as it is generated. Which means that when you produce more power than you need when the sun is producing power for your home your meter spins backwards, giving your solar energy back to LIPA, earning you “kilo-watt hour credits” at the same rate for which you pay!

At times when your system isn’t generating electricity at night or on a densely clouded day (partly cloudy and light overcast will still generate power) you will use LIPA’s energy, but you’ll have to eliminate all of your credits before you start having to pay for LIPA’s power. Many of our customers generate so much power and credits throughout the year with our PV systems that they never pay for LIPA’s electricity ever again!

New York State Tax Credit
The New York State tax credit law allows you to deduct up to 25% of a PV system's cost — up to a $5,000 maximum, to be subtracted off of the tax that you owe!  That’s right, it is credited to you when you file at tax time.  This is NY’s way of helping you offset the cost to increase the state’s participation in getting greener.

TAX CREDITS WORK BETTER FOR YOU THAN A STANDARD “INCOME TAX DEDUCTION” BECAUSE IT IS TAKEN OFF THE TAXES YOU OWE THE GOVERNMENT.  THE AMOUNT IS NOT DEDUCTED FROM YOUR TAXABLE INCOMME, WHICH MAKES A BETTER DEAL!

Federal Tax Credit
The Federal government gets in on the act too! Their tax credit is available for 30% of the net cost for a PV system for a $2,000 maximum for residential systems, and NO CAP for commercial installations through 2008 only.   Commercial customers receive $3.50 per watt from LIPA to a maximum of $35,000 PER ELECTRIC ACCOUNT.  SO REMEMBER - MULTIPLE ACCOUNTS = MULTIPLE REBATE DOLLARS.  You will also get the added tax incentive of accelerated 5 year depreciation from the federal government. So in 5 years time, our commercial installations are completely "written off".

THE INVESTMENT THAT PAYS OFF  
Since electricity generation isn’t cheap no matter how you slice it, a solar PV system is an investment similar in payoff to a mutual fund with a guaranteed return on investment.  System prices range from about $20,000 to $70,000 BEFORE incentives.  Net cost ranges from $5,000 to $30,000.  For most homeowners, home improvement loans and home equity loans are the best way to secure a low rate.  Also credit cards or a line of credit make it possible for almost anyone to finance their energy independence!   As soon as you receive your LIPA rebate, it will pay off almost 50% of the balance!

HOUSES OF WORSHIP AND NOT FOR PROFITS 
Currently, LIPA offers a rebate of $4.50/per watt for Tax-Exempt property owners, which translates into a $45,000 rebate for a 10k system!  This rebate is also subject to decreases, and they have in the past relative to the residential sector.  So the time is now to start saving money while protecting the quality of the earth!

SPECIAL DISCOUNT FOR RELIGIOUS INSITUTIONS
K-STAR offers an additional 5% off of our already incredibly low prices for Houses of Worship so that your followers can be assured that the dollars given in offering are being used for an excellent environmental cause. The sun was put there for a reason, to be harnessed by all!

Ask yourself: If you choose to wait 5 years for the cost of the system to drop (when cheaper technology reaches the market) what will you already have paid to your utility company and how much more oil and gas will you have contributed to the problem of pollution and global warming?
OUR WARRANTY

ALL OF OUR SYSTEMS ARE GUARANTEED WITH A MANUFACTURERS WARRANTY FOR 25 YEARS AND A 10 YEAR INSTALLATION WARRANTY! SO WHEN YOU DO THE MATH YOU’LL EASILY SEE THAT WE CANNOT BE BEAT ON PRICE, QUALITY OR WORKMANSHIP - WE GUARANTEE IT - PERIOD.