20% PROPERTY TAX ABATEMENT (NYC ONLY)
Also the same as the Residential version of this benefit, NYC commercial solar-powered systems (installed between the New Year’s Days of 2014 and 2024) can receive a tax abatement of 5% per year for the length of four years, totaling 20%. Note: Just like the residential version of this incentive, there is a cap at $62,500/year and $250,000 total.