SUN CITY: New York homeowners are signing on to go solar at historically high rates
NEW YORK DAILY NEWS
Thursday, August 6, 2015, 1:00 PM by Katherine Clarke
The Big Apple is showing the rest of the country how to do solar power right.
Solar installations in the city have tripled in just two years — thanks to a spate of government rebates and credits that cut down on up-front costs.
It’s not just about saving the world. Now, most panel purchasers will see a return on their initial investments within six years, experts said.
“If you have the ability to write a big check in the beginning, it makes sense,” said Stacey Max, a real estate broker with Bond New York who’s installing solar panels on her Flushing roof. “My husband and I want to stay in our home forever so it’s probably smart to make it as efficient as possible.”
Nearly 2,200 city residents were permitted to install solar panels in 2014, compared to just 662 in 2013. And so far in 2015, 1,180 New Yorkers have gotten solar approvals.
"People are starting to realize that solar’s not just something for hippies and rich people and that it actually does make a ton of sense,” said Gaelen McKee, president of Brooklyn SolarWorks, which installs solar panels on local homes. “It’s really exciting.”
Solar’s cheaper than ever before but you still have to have a good chunk of money in the bank to get started and navigate the high upfront costs. Link to original article