Solar For Homes

Within about five years, we have gone from less than a handful of solar-electric installations on Long Island to more than 1800 today.

About Residential Installations

Growth of solar installations
LIPA dedicated a residential PV system on Long Island, the home of Linda and Stan Fostek in Northport, which was completed by Built Well Solar Corp.  At the time, LIPA reported that it had rebated approximately $20 million dollars for solar installations on Long Island. Since then, another $6 million has been distributed for solar installations, and genrous rebates continue to be offered through LIPA's Solar Pioneer Program.

It's your installation
As solar becomes increasingly popular, at Built Well Solar we continue look at each installation individually, installing each system the right way, as if it were our own.

Built Well Solar Makes It Easy
Built Well Solar has completed numerous residential solar installations across Long Island. Their knowledgeable and experienced solar-electric (photovoltaic) system experts take care of every aspect of your residential solar installation from evaluating your electric needs and determining the right size and capacity system for your home to ensuring it is up and running safely and efficiently. They walk you through every step of the process, including the LIPA rebate application and other procedures involved in obtaining financial incentives. For more information and to have your home evaluated for solar, call (516) 695-1000 or  e-mail us at info@builtwellsolar.com.

No Electric Bills!
Amazing but true, Built Well Solar’s residential solar customers on Long Island now have low or no electric bills – some even receive a payback from LIPA at the end of the year!

Financial Incentives for Residential Solar

• $25,000 LIPA Cash Rebate: Through its Solar Pioneer Program, the cost of a solar-electric (PV system) on your  home is substantially reduced. As of March 1, 2010, LIPA offers $2.50 per watt toward the installation of a residential system, or 50% of gross system cost, whichever is less.That is up to $25,000 cash back off the top for installation of a 10-kilowatt system.   See LIPA PV Rebate Availability  Note: There will be a total of four-1 Mega Watt blocks. The rebate level amounts will drop 25 cents for every megawatt sold.   


• $5,000 State Tax Credit: A 25% tax credit is offered on home PV systems installed in New York State, capped
  at a maximum of $5,000.
   Now no cap....30% Federal Tax Credit: A 30% federal tax credit is offered for residential installations...the $2000 cap was removed under new legislation! Congress just passed this enhancement ITC provision, and also extended the credit through 2016. Talk to you accountant or tax advisor.
• No Sales Tax : The cost of a PV system is free of New York State sales tax, as well as Nassau or Suffolk
  county sales tax.
• 15-Year Real Estate Exemption: Also in New York State, any increase in assessed value of the residence
  due to the solar-electric system is exempt for 15 years from property tax. See New York State's Real
  Property Tax Law.

• Credits/Buybacks: Through net metering, the solar power your system collects runs your LIPA meter backwards
when there is any excess, and you sell that energy production back to the LIPA grid in the form of a credit to
your account each month. In many cases, this means a very low or no electric bill. At the end of each year,
some homeowners even receive a buyback of hundreds of dollars. Learn more about Net Metering.

Contact Us
If you have any questions and want to learn more about residential solar installations, including how Built Well Solar will help you through every step in the process, call us at (516) 695-1000 or reach us by e-mail.