"What is the NYC Solar Property Tax Abatement? Think of it as NYC's way of saying thanks for helping make the city more sustainable. When you install solar panels on your property, the city rewards you with a serious perk: a 30 percent reduction in your installation costs, spread across your property tax bills over four years. Here's the best part: This tax break is available to pretty much any property owner in the five boroughs."
"Whether you've got a brownstone in Brooklyn, a condo in Queens, or even a landmark building in Manhattan, you could qualify. And yes, this includes co-op owners! The math is pretty straightforward. Let's say your solar installation costs $30,000. The property tax abatement would save you $9,000 over four years. That's real money back in your pocket, just for making a smart energy choice."
NYC offers a Solar Property Tax Abatement that reduces eligible solar installation costs by 30 percent, applied across property tax bills over four years. The abatement is available to most property owners across all five boroughs, including brownstones, condos, landmark buildings, and co-op owners. Eligible costs include all solar equipment, installation, system design, and battery storage. A $30,000 installation would yield roughly $9,000 in savings spread over four years. Applications for the 2026 tax year must be received by March 15, 2026. Installers such as Brooklyn SolarWorks can handle filing with the Department of Buildings.
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