
Solar is attractive for Long Island businesses right now because:
- Electricity prices are in the top quartile nationally and likely to increase
- Governor Cuomo mandated 70% renewables within next 10 years
- Attractive 20-year fixed feed-in-tariff provided by the Long Island Power Authority (LIPA)
(available capacity will fill quickly)
- Solar regime supports infrastructure like returns with strong cash yields
- Last chance to recover 30% of project costs through federal tax subsidies
- Module prices are at historical lows
- Safari has thousands of panels in storage for quick deployment
The site pictured here is a 2.4 MW Safari Energy commercial solar project at the Tanger Outlet in Riverhead, NY.