The Adams administration is planning to launch a program to help low-income homeowners install solar panels on their rooftops at no or low cost, offering homeowners a chance to bring down their electricity bills while reducing NYC's carbon footprint.
As an alternative to leasing their rooftops for solar panels, the city will also help eligible homeowners apply for state and federal subsidies as well as bridge loans. In that scenario, homeowners would fully own their panels and reap all the benefits of the energy created by them.
“There's so many flavors of how you could do this,” said Rohit Aggarwala, the commissioner of the city’s Department of Environmental Protection. “Part of what we want to invest in is coming up with the packages that are most attractive to the people and to the homeowners in New York City who have been thus far less well served by the private sector providers.”But the rollout will take time. City officials say the plan will be implemented over the next five years.
Aggarwala said the city is planning to apply for a slice of that aid in the next several months, and could begin soliciting interest from prospective applicants as early as the end of this year.from the Environment California Research and Policy Center.
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