How Solar Can Protect You From Rising Costs
Briefly

How Solar Can Protect You From Rising Costs
"How Solar Shields You From Rising Rates When you install solar panels, you generate your own electricity instead of buying it from Con Ed at ever-increasing prices. Thanks to New York's 1 to 1 net metering program, any excess energy your panels produce gets credited back to your account at full retail value. Those credits offset your usage during cloudy days or winter months-essentially banking summer sunshine to power your home year-round."
"A 30 percent property tax abatement on your installation cost A $5,000 NY State income tax credit A 20 percent NY State historic tax credit for qualifying historic homes And a 20-year net metering guarantee to protect against future rate increases With solar, homeowners can see lifetime savings of $80,000 or more-and with Con Ed rates climbing, those savings grow larger every year."
Con Ed electricity rates increased 3.5 percent in 2026 with planned rises of 3.2 percent in 2027 and 3.1 percent in 2028, and rates have climbed more than 25 percent since 2020. Brooklyn homeowners face escalating energy costs. Solar panel installations let homeowners generate their own electricity and use New York's 1 to 1 net metering to receive full retail credits for excess production that offset usage during low-production periods. Net metering rates lock for 20 years, creating predictable energy costs. Most Brooklyn SolarWorks customers reduce monthly bills by hundreds and often pay only a minimal service fee. Strong local incentives and tax credits can produce lifetime savings of $80,000 or more.
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