Renewable Energy Program
Purpose
This
program provides businesses with the
opportunity to utilize renewable energy to
self generate power for their business.
Wind: under the program, qualifying
businesses can receive up to $3.50 per kwh
as incentive to install the wind generator
up to a limit of $135600, or 60% of the
installed cost, whichever is less.
Solar: under the program, qualifying
businesses can receive up to $2.75 per kwh
as incentive to install the solar
generator up to a limit of $145000, or 50%
of the installed cost, whichever is less.
Businesses taking advantage of the
renewables program may also qualify for
net metering, which allows businesses to
sell unused wind energy back to LIPA. They
may also qualify for tax credits and/or
other incentives offered by local
municipalities. Program incentives and
qualifying requirements are subject to
change and are based on the current
program parameters.
Eligibility
All commercial and industrial businesses.
Contact
Joanne Schindelheim
Director of Marketing and Economic
Development
Long Island Power Authority
333 Earle Ovington Blvd
Uniondale, New York 11553
(516) 222-7700
LIPA Economic Development Infoline: (800)
528-2005




