NYC SEGS Property Tax Abatement
Up to 30% of project cost over 4 years
The Solar Electric Generating System Property Tax Abatement (SEGS) reduces NYC property tax for residential and commercial solar installations by up to 30% of total project cost, spread over 4 years (7.5% annually). The application must be submitted before installation begins — retrofitting application post-install is not allowed. Combined with NY-Sun upfront rebate, federal 25D, and NY State Solar Tax Credit, NYC SEGS makes New York City one of the strongest solar markets in the US for absolute incentive value despite the city's relatively modest solar resource.
Eligibility
Who qualifies?
NYC residential and commercial property owners. 1–4 family residential is the primary track for homeowners.
Application timing?
Must apply BEFORE installation begins. Post-install retrofitting is not allowed.
How is the credit applied?
Reduces NYC property tax bill by 7.5% of project cost annually for 4 years (30% total).
How to apply for NYC SEGS Abatement
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Pre-install application
File Form ABT-PROP with NYC Department of Buildings before installation begins.
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Submit project documentation
Include contractor estimate, system specifications, and proposed install date.
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Receive approval
NYC DOB approves the abatement and notifies the Department of Finance.
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Install per approved plan
Standard solar installation. Permit and inspection per NYC.
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Abatement applied to property tax
Annual 7.5% reduction applies to your NYC property tax bill for 4 years post-commissioning.
Stacking with other programs
NYC stack delivers the highest absolute incentive value in the US: NY-Sun upfront ($1,400 typical) + federal 25D 30% + NY State 25% capped $5k + NYC SEGS 30% over 4 years + NYC RPTL §487 15-year exemption + NY sales tax exemption. Full stack on a $22,000 NYC solar install can exceed $18,000 in incentives.
Frequently asked questions
NYC SEGS vs RPTL §487? +
Can I apply post-install? +
How does NYC SEGS interact with NYC building department permits? +
Brooklyn vs Manhattan vs Queens — does borough matter? +
Official program page: https://www.nyc.gov/site/finance/property/property-tax-incentives.page
Related programs and credits
- New York energy rebates NY-Sun + Clean Heat
- Solar Panels rebates 30% of total system cost
- 25D: 25D Credit 30% of cost, no cap
- NYSERDA Clean Heat — Air Source Heat Pump $1,000–$2,000 per ton of capacity
- NYSERDA Clean Heat — Ground Source Heat Pump $1,500 per ton + $3,000 base = ~$7,500 for 3-ton system
- NY-Sun MW Block Solar Incentive $0.20–$0.40 per watt upfront (varies by zone and remaining block)
- New York State Solar Energy System Equipment Credit 25% of system cost up to $5,000