NY-Sun incentives + Value Stack credits + property-tax abatements — New York rewards commercial solar hosts.

Leading Commercial Solar Provider in New York

Headquartered in Brooklyn, Plankton Energy develops commercial solar in its home state — where some of the highest electricity rates in the nation meet a deep stack of state and city programs. Rooftops and parking lots increase net operating income for REITs, owner-operators, and commercial real estate investors — with zero-upfront-cost options.

60,000+

COMMERCIAL SOLAR PANELS INSTALLED

140+

PROJECTS UNDER DEVELOPMENT

720,000+

LIFETIME MWH PRODUCED

OUR PORTFOLIO

Across New York

From a grocery-anchored center in Westchester to manufacturing on Staten Island and hospitality in the Hudson Valley, Plankton has developed and now operates commercial solar across New York — in Con Edison and Central Hudson territories alike. Each system below was engineered around the owner’s financial goals.

Retail Grocery Store

Elmsford, NY

Manufacturing Facility

Staten Island, NY

Hospitality Property

Poughkeepsie, NY

Serving Commercial Properties Across New York State

We develop commercial-scale solar (roughly 100 kW to 1 MW+) across New York — serving Con Edison, National Grid, NYSEG, RG&E, Central Hudson, Orange & Rockland, and PSEG Long Island territories, from the five boroughs and Westchester through the Hudson Valley and Long Island. We work with warehouses, grocery-anchored retail, office, hospitality, multi-family, and schools — including NYC buildings over 25,000 sq ft facing Local Law 97 compliance deadlines.

Have 10,000+ sq ft of available rooftop or 25,000+ sq ft of parking? We can model it.

New York Solar Incentives & Financial Levers

New York’s incentive stack is one of the strongest in the country, but it rewards early movers. Projects receive value through rebates paid at installation, property tax abatements, hedging against energy rate fluctuations, and avoiding compliance-related fines. Rebate capacity is allocated in blocks that step down in value as they’re subscribed, so where a project sits in that queue directly affects its economics. We track live program status across every territory we serve and model each project against current availability — details in this overview are current as of mid-2026.

New York state & city programs

Tax & ownership levers

Commercial Solar Financing Options

Three ways to put a New York roof or parking lot to work — matched to your strategic financial position.
We build, own, and operate the system on your property and sell you the output at a fixed rate below your utility’s — a 15–25 year answer to utility-level electricity costs, with no capital outlay from you.
Rent us your roof or parking lot: we develop and operate the system — often as community solar earning Value Stack credits — while you collect predictable lease income for hosting it.
Own the system: capture the NY-Sun incentive and accelerated depreciation, bank the bill savings or Value Stack credits, and add a durable income line to the asset — we handle everything through commissioning and beyond.

Why Smart New York Property Owners Choose Commercial Solar

A Brooklyn-headquartered developer, accredited SEIA member, and NABCEP-certified team that has already built in Con Edison and Central Hudson territories — Plankton runs origination through decades of operations in-house, in its home market.

Hedge the Nation’s Highest Rates

New York retail electricity prices sit near the top of the U.S., with Con Edison territory the sharpest. Fixed solar pricing converts that volatility into a flat, budgetable line for 20+ years.

Grow Net Operating Income

NY-Sun cuts the build cost, then Value Stack credits, lease rent, or bill savings flow to NOI every month — and stronger NOI compounds into asset value at refinance or sale.

Get Ahead of the Mandates

Local Law 97 caps emissions for most NYC buildings over 25,000 sq ft, with stricter limits in 2030, while the CLCPA pushes the whole state toward 70% renewable power by 2030. Onsite solar is measurable progress on both.

Solar Installation Options For New York Properties

Rooftop

The workhorse for warehouses, retail, and schools with 10,000+ sq ft of open flat roof — lowest installed cost, engineered to protect the roof warranty underneath it.

Parking Canopy

Puts 25,000+ sq ft of parking to work as generation plus covered spaces — a strong fit where the roof is small, shaded, or already spoken for.

Community Solar

Host an array that serves local subscribers under New York’s Value Stack while your property collects lease income — no change to your own electric service required.

New York Commercial Solar — Frequently Asked Questions

Straight answers on NY-Sun, the Value Stack, NYC’s abatement and Local Law 97, utility territories, financing structures, and what makes a New York property a fit.

New York layers several programs. NY-Sun, run by NYSERDA, pays an upfront per-watt incentive on commercial systems, set by region and remaining MW Block capacity. Production is then compensated long-term through the Value Stack — tariff-based bill credits that vary by utility territory. On the tax side, RPTL 487 provides a 15-year property-tax exemption on added system value in participating localities, New York City adds its own solar property-tax abatement for eligible buildings, and system owners can take accelerated depreciation. We model the full stack for your specific address and territory.

NY-Sun divides the state into regions — Con Edison, Upstate, and Long Island — and allocates each a series of megawatt blocks. Projects in an open block receive an upfront per-watt payment toward the build; when a block fills, the next opens at a lower rate, and several regions are already in late blocks. That design rewards early applicants: the incentive you receive is the one live when your application lands, which is why we confirm real-time block status before quoting.

Instead of one-for-one net metering, New York compensates most commercial and community systems through the Value of Distributed Energy Resources tariff — the Value Stack. Every kilowatt-hour earns bill credits built from the wholesale energy price, capacity value, environmental value, demand reduction, and locational adders, so compensation reflects when and where the power is delivered. Rates differ by utility territory; we run NYSERDA’s calculator against your site as part of feasibility.

Yes, on two fronts. Eligible NYC buildings can claim a city property-tax abatement for installing solar, layered on top of state programs. Just as importantly, Local Law 97 caps greenhouse-gas emissions for most buildings over 25,000 square feet, with financial penalties for overages and stricter limits arriving in 2030 — onsite solar reduces a covered building’s compliance exposure while producing income, which is why NYC commercial owners are moving early.

All the majors: Con Edison, National Grid, NYSEG, RG&E, Central Hudson, Orange & Rockland, and PSEG Long Island. We’ve already built in Con Edison territory — Westchester and Staten Island — and in Central Hudson in Poughkeepsie, and territory determines both your Value Stack rates and interconnection path, so it’s the first thing we confirm.

Plankton is a Brooklyn-headquartered commercial solar developer and long-term owner-operator. One team carries a project from origination and engineering through interconnection, procurement, installation, and commissioning — then stays on to operate and maintain it for decades. New York is our home market: the systems we build here, we answer for here.

The physical threshold is roughly 10,000+ square feet of open, structurally sound flat roof or 25,000+ square feet of parking. The strongest fits are buildings with real daytime loads or compliance pressure: warehouses and distribution centers, grocery-anchored retail, office parks, hospitality, multi-family, schools, houses of worship — and NYC buildings covered by Local Law 97.

Panels and inverters carry manufacturer warranties of 25 years, and the economics are modeled over that horizon. Because Plankton owns and operates its own portfolio, the same organization that engineered your system monitors its production, services the equipment, and manages program compliance for the life of the agreement — maintenance isn’t outsourced or an afterthought.

A solar system should never outlive the roof under it, so we require roughly 20 years of remaining roof life before we build. If yours is short of that, the numbers often still work: a re-roof can be folded into the project financing so the membrane and the array start their clocks together.

The state’s incentive design punishes waiting. NY-Sun blocks step down as they’re subscribed — several regions are already in late blocks — and Value Stack components are updated periodically. Interconnection queues, especially downstate, add months before any system can energize, and Local Law 97’s stricter 2030 limits are fixed on the calendar. Meanwhile, every month at New York rates is a month of unhedged expense. A feasibility analysis is free and locks nothing in.

New York’s incentive blocks step down as they fill

NY-Sun rates are set by remaining block capacity, and Local Law 97’s stricter limits arrive in 2030 — start with a free feasibility analysis.