The New York State Energy Research and Development Authority (NYSERDA) is broadening its Solar Hot Water Program statewide and including projects that displace hot water produced by heating oil, natural gas, propane, and wood, in addition to projects that displace electricity.

Since their introduction in 2006, solar tax credits have been extended through 2016 and caps on subsidies to residential customers have been removed. Despite economic challenges, these policies have underpinned moderate growth in solar water heater installations in the U.S. over the past five years, according to a report from IBISWorld.

With projected savings in some cases as high as $1.5 million, a new report released by the Solar Energy Industries Association (SEIA) illustrates the benefits achieved by utilizing solar heating and cooling (SHC) systems for U.S. businesses and commercial buildings.

With all of the different solar applications available, determining the best option for homeowners is not a one-size-fits-all approach; it’s something often done on a case-by-case basis.

Promise Energy celebrated the installation of the largest solar water heating system in the city of Norwalk at the grand opening of the Norwalk Tower, an 11-story 185-unit affordable housing retrofit project.