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How and when are the cash incentives paid?

cash incentives paid
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How and when are the cash incentives paid?

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• Incentives are paid to eligible installers that have been approved to participate in this program. • Incentive payments are not paid directly to the owner of the PV system; however, they are passed on to a customer in full. • The entire incentive must be passed on to the owner of the PV system by the eligible installer. • The eligible installer determines how the incentive will be paid to the customer. In most cases, the installer will discount the system cost by the incentive amount at the time of purchase. Others require full payment in advance, and the incentive is refunded to the customer when it is received from NYSERDA. • Incentives are paid to the installer in two installments. Seventy-five percent (75%) of the incentive is paid after the equipment is delivered to the installation site, with the remaining twenty-five (25%) paid when the PV system is grid-connected and approved by your utility. • NYSERDA reserves the right to review any installation prior to final incentive pay

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