NY to Expand Investment in Solar Power
(ALBANY, N.Y.) -- New York will invest in solar power, according to Gov. Andrew Cuomo, who proposed the initiative in last week’s State of the State address, noting a new tax plan on Tuesday that would set aside money to support it.
New York’s budget plan included details of two new tax credits, dubbed “NY-Sun Initiative.” Under the plan, commercial customers would be excluded from any sales tax on solar electric systems.
The Alliance for Clean Energy New York said that it, “applauds Governor Cuomo’s call for energy efficiency and the expansion of our renewable resources,” the group’s executive director Carol E. Murphy confirmed.
Alongside the solar tax credits, Cuomo also called for a plan to help homeowners afford green energy upgrades, according to published reports.
Copyright 2012 ABC News Radio






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