Increases the amount of geothermal energy systems tax credits.
Increases the amount of geothermal energy systems tax credits.
Provides for the option of receiving any excess of the geothermal energy systems credit as a refund of an overpayment of tax.
Creates a tax abatement for geothermal well systems up to $62,500.
Increases the amount of residential solar tax credits.
Increases the amount of residential solar tax credits.
Provides a tax abatement for geothermal well systems in cities of one million or more.
Directs the New York state energy research and development authority to develop basic consumer education or guidance about geothermal energy systems and develop business models for geothermal projects in the state to match equivalent programming and guidance for solar energy.
Relates to increasing the tax credit provided for solar energy system equipment from $5,000 to $10,000.
Relates to establishing a one hundred percent clean renewable energy system for electricity by two thousand thirty-four; such energy system shall include solar, wind, geothermal and tidal sources.