New York ranks #3 in America for savings from installing solar panels for your home

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Our complete guide to solar power in New York?

New York solar power facts

$3.35
/watt

Average cost of a 5kw solar power system in 2016
Price shown before incentives

6
yrs

Average payback time

$34,434
 

Average lifetime savings
Price shown after repayments of capital


/kWh

Levelized cost of solar energy

29¢
/kWh

If you don't get solar
The forecast average utility price over the next 25 years

1,095
kWh

Power production
(per kW of peak DC solar panels)

 

 

Cash flow graph based on cash purchase of a 5kw system

Solar companies in New York that provide pricing through the Solar-Estimate marketplace

17

 


 

Best solar offers currently available in your city

 


Get the facts about installing solar panels for your home in New York?

Solar power in New York

New York has an array of solar incentives available to the home and business owner looking to go solar.

The Empire State can be regarded as a Solar Friendly State and runs a close second to Massachusetts for the best state in America in which to install solar panels for your home.

We rank New York as # 1 for local solar incentives and # 3 overall for the attractiveness of installing solar panels.

The combination of Net Metering, the 30% federal solar tax credit, some first-class state based incentives, and having one of the highest utility power costs in the nation makes solar a great investment for your home in the Empire State.

 

Estimate your solar savings

 

Solar power in New York

Compare solar quotes from the top solar companies in New York

Useful links

Solar panel installation guidelines in New York

https://training.ny-sun.ny.gov/solar-permitting-and-inspection

Best solar companies in New York

Best brands of solar panels

To find the best brands of solar panels you can use America's most trusterd solar panel comparison and reviews website, SolarReviews.

However, reviews of solar panels can be a bit meaningless because most consumer owners have not had any issues and so whilst solar company reviews are very important when choosing solar installers they are of less use when choosing solar panels.

For more information to help you make an informed decision about this topic, I would recommend this article about buying solar panels.

Compare solar quotes from the top solar companies in New York

I want to buy a solar panel kit and install it myself

How much electricity will solar panels produce in New York

Solar panels produce different amounts of energy in different locations.

Around the Albany area solar panels installed on a south facing 27 degree pitch roof will typically produce:

1,230 kWh per year per 1kw of peak DC (direct current) capacity

For more information about how your location, roof direction and roof tilt affects solar power production use the solar panels calculator and enter your address below.

What rebates, solar tax credits and other solar incentives are available in New York?

New York State Solar Tax Credit

The State of New York offers a state based tax credit for new solar generation systems up to 25kW in size or a maximum value of $5000.

his is great for those with a tax bill but not so much for low income earners. However at least NY has incentives for both groups of people, very nice New York.

The NY-Sun PV incentive program is a utility based solar incentive that provides rebates that are currently up to $400 per Kilowatt (1kW) of an installed system ( up to a maximum system size of 25kW)

The way this incentive is done in that there is a capacity allocation for each utility. This capacity allocation is broken up into bands with an incentive amount falling as capacity is reached in each band and the program moves onto the next band.

The upfront incentive is now finished in the Long Island power territories but other incentives still apply in this area.

As at April 2017 the Con Edison power territory and the Upstate power territory are both currently in Block 7 meaning there is an incentive amount of $0.40 per watt ($400 per kilowatt)

Thats HUGE, so a 5kW (5000 watt solar system) is entitled to a $2000 rebate.

It just gets better folks, the State also runs the Affordable Solar program where they double the size of the rebate if your income level qualifies you for the program.

You might want to hurry on this program as it appears to be seen as too generous and is expected to be cut.

Solar installers will typically arrange the paperwork and take the value of the rebate from the total cost of the solar system, but homeowners can still arrange this themselves if they prefer.

New York Solar Calculator

Regardless of what you want to know about the economics of installing solar panels for your home or business in New York we have a solar calculator that can show you exactly the information your require.

 

You can either use our full monty solar calculator that shows you everything you could possibly want to know or you can use one of our range of smaller calculators for specific solar calculations that focus on providing you only with the specific information you require.

 


 

What you can find out about installing solar panels in New York using our full monty solar calculator

This solar calculator requires you to input your address, utility company, your average monthly power spend - It tells you:

If you want to see all of the above but also see live pricing, the three best solar deals available in your city and get binding quotes from each of these solar companies then use this solar panels calculator. This calculator requires you to also input your name and contact details because most of our 200+ installer partners will only authorize the sharing of their live solar pricing where we have validated that you are a real homeowner with a home in their service area. We respect the privacy of your data and only share your contact details with the solar companies you ask us to get binding quotes from.

Solar calculator

How much do solar panels cost in New York

$3.10 per watt

Cash purchased solar system
Before 30% solar tax credit

$3.50 per watt

Financed solar system
Before 30% solar tax credit

15¢ cents/kWh

Lease/PPA
Av. 15 year term, 2.5% price escalator

What are the pros and cons of buying solar panels for your home in New York

The advantages of installing solar panels is there is both state based incentives and the federal tax credit. In addition New York also has expensive power meaning overall the return on investment for an installation of residential solar panels in New York is one of the best in the nation.

The disadvantage of installing solar panels is that there is less overall solar irradiation in New York per year and so a solar system, produces less than it would in some other areas. However, the local incentives more than make up for this and I think New York home owners will be kicking themselves they didn't install solar panels while these generous incentives are around.