Optimum News 12 Newsday.com MSG Varsity Explore LI AM New York Optimum Autos Optimum Homes

Solar-energy companies: LIPA cap hurts business

Power lines are seen in Centereach. (Dec. 11,

Photo credit: Newsday/Thomas A. Ferrara | Power lines are seen in Centereach. (Dec. 11, 2012)

Large companies that install residential solar-energy systems say a new LIPA restriction limiting the amount individual contractors can apply for in solar system rebates each month will hobble a growing market.

LIPA a week ago announced a new $75,000 monthly cap on the amount individual contracting companies could apply for in LIPA rebates to offset the cost of systems.

The utility...

Content Preview This content is exclusive for Newsday digital access and 7-day home delivery subscribers and Optimum Online customers.

Already
registered?
Log in
Already a
subscriber/customer?
Register
Get a 4-week trial for $1
Subscribe

advertisement | advertise on newsday

Newsday on social media

advertisement | advertise on newsday

Top Jobs