NYC is targeting 1,000 megawatts of solar citywide by 2030, enough to power 250,000 homes. Solar panels allow buildings to generate their own emissions-free electricity and save residents money by reducing how much electricity they need to buy from their utility. On-site and community solar generation is beneficial for reducing consumption of grid energy and, especially when combined with energy storage, can help shift consumption away from peak periods.
The City has made strides to accelerate solar deployment through the passage of Local Laws 92 and 94, which require solar or green roofs on all new buildings; launching the ElectrifyNYC 1-4 family solar program to train community-based organizations to offer solar services; offering a property tax abatement for buildings that install solar; and engaging with the State on regulatory matters that reduce barriers to in-City solar.
In addition, the City leverages municipal properties to install solar, and is committed to installing 100 megawatts of rooftop solar on City-owned buildings by 2025 and achieving a 50% reduction of GHG emissions from City-owned buildings and operations by 2030 (compared to 2005 levels).