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Informational Solar SessionCampus Calendar

Tuesday, April 18, 2017
1:00 pm - 2:00 pm

Location: 408 Baker

Event Description: Faculty, Staff and Students are invited to an Informational Solar Session presented by Katelyn Kriesel, SolarizeCNY Project Coordinator. Beneficial to homeowners, this session is part of the Sustainability series, co-sponsored by the HR and Sustainability offices. Employees whose supervisors approve may attend as part of their normal work day.

The Presentation:

Solar panels are quite efficient even when skies are overcast. More significantly, New York’s Net Metering pricing system allows homeowners to accumulate excess solar credits during the peak summer months, and then apply those credits to winter usage.

The presentation will describe how solar system costs are reduced when government incentives are factored in. The New York State Energy Development Authority (NYSERDA) gives a percentage cash rebate on costs, which goes to the installer, but is passed on to the consumer. The federal tax credit allows the owner to take 30% of the cost of the system as a tax credit. New York State allows a 25% credit on NYS taxes. These incentives can offer up to a 60% savings on the cost of a solar install, with a return on investment of 12 – 15% over 25 years.

Marcia Barber

Sponsor: Offices of Sustainability and Human Resources

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