Solar Panels for Co-Ops and Condos in NYC
Most NYC homeowners live in multi-family buildings, such as co-ops, condos and rental properties. Whether for shared common area demand only or for individual unit consumption, BSW can offer different solar models that match your board’s specific goals and priorities. And since multi-family residents and property owners can take advantage of the same local, state and federal tax credits available to single-family homeowners, solar panels for co-ops and condos offer an impressive return while boosting overall property value.
Value
Solar incentives and sky high electricity rates make NYC one of the best solar markets in the country. Rebates and tax credits can cover up to 70% or more of gross costs for most projects.
Learn More
For full details hover over the different incentives.
Your Out-of-Pocket Cost
Up to 70% Covered
Federal Solar Income Tax Credit
Your Out-of-Pocket Cost
Up to 70% Covered
NYC Solar Property Tax Abatement
NYS Solar Income Tax Credit
NYS Solar Rebate
Let’s Talk
Ask Us About:
- NYS’s special rebates for low and moderate income buildings, including HDFC co-ops.
- Special additional rebates for solar canopies on multi-family buildings.
- How individual unit’s can realize electricity bills savings through community solar.
4-5 Years
Let’s Talk
Ask Us About:
- NYS’s special rebates for low and moderate income buildings, including HDFC co-ops.
- Special additional rebates for solar canopies on multi-family buildings.
- How individual unit’s can realize electricity bills savings through community solar.
BSW
Insurance Package
We’re committed to your system’s performance, monitoring, and payback.
We’ve got you, and your roof, covered.
30-Year Total
System Warranty
All BSW solar systems come with an industry leading 30-year warranty that covers all aspects of the system including the panels and inverter.
Power Production
Guarantee
We guarantee your solar production. If your system fails to perform as expected, BSW will provide cash compensation to cover the loss in savings.
24/7 Real-Time
Monitoring
Systems report performance data to our monitoring staff who are notified if irregularities occur. Data is reviewed monthly to ensure systems are producing as designed. Customers can also track performance via their individual monitoring portal.
Completion Timeline
Average project completion time from contract signing: 2-3 Months
Scroll over project steps for full details.
Assessment & Proposal
Project Initiation
(1 Month)
Permit Application
(1 Month)
System Installation
(1-3 Days)
Inspection & Meter Swap
(2 Weeks)
Tax Season
Assessment & Proposal
BSW survey specialist completes 1-hour home assessment; You review project proposal with BSW solar consultant, and discuss tax credit eligibility with your accountant
Project Initiation
(1 Month)
You choose solar system size, sign contract, pay $3,000 down payment; BSW drafts project plan set and completes professional engineering review.
Permit Application
(1 Month)
BSW submits stamped plan set and building and electrical permit application to NYC Department of Buildings; awaits approval.
System Installation
(1-3 Days)
You schedule convenient day/time & pay remaining installation fee; BSW orders equipment, installs solar system at your home.
Inspection & Meter Swap
(2 Weeks)
BSW schedules ConEd meter swap and DOB electrical and building inspections; You provide access for swap and inspections (1 hour each).
Tax Season
BSW supplies state and federal tax forms; You claim our solar tax credits (& repay bridge loan if needed)