Solar power in Staten Island, New York
Staten Island being in Con Ed territory means that residents and business owners here receive net metering and a $400 per kW rebate and if your income is less than $85,500 per year in a 4 person home that rebate doubles! Net metering is the real winner since it requires utilities to credit you at their retail power rate for solar generation not used in the home. Net metering with crazy New York power prices can rack in some serious dough. The state also runs a tax credit program covering 25% of the system cost up to $5000 and this is coupled with the 30% federal solar tax credit. Rebates and tax credits will usually cover 50%-70% of the investment. Be sure to act quick because many of these programs have a funding cap and you'd hate to miss out!
Even if you are not convinced about solar we recommend that at the very least you use the solar panel calculator for Staten Island to find out:
- How many solar panels you need to cover your power bill;
- How suitable your house is for solar;
- What incentives your house may be eligible for;
- The cost of solar panel installation in Staten Island and whether you are eligible for zero down solar deals; and
- Your likely payback period and return on investment from installing solar
Estimate your solar savings
The average cost of installing residential solar panels in Staten Island, New York in 2020 is $2.78 per watt. The average system size in the US is 6 kilowatts, which means the average price of a solar system in Staten Island, NY is $13,900. (before claiming 26% tax credit and other rebates)
What does the cost of a real solar system look like?
Facts about installing a 6.18kW solar system in Staten Island, NY
This system would offset 100% of your energy usage if your typical monthly bill is $240, however your situation may vary so try our Staten Island solar calculator to get a result tailored to you.
Net cost of system
Cash - after 26% solar tax credit
2 Years 3 Months
Average payback time
Annual power production
levilized cost of solar energy
If you don't get solar
The forecast average utility price over the next 25 years
Cash flow graph based on cash purchase of this 6.18kW system
Life-time savings on this system over the next 25 years
(Prices shown after repayments of capital)
Solar companies in Staten Island, NY that provide pricing through the Solar-Estimate marketplace
Average total cost of solar panel installation in New York
|System Size||Cash purchase
After 26% solar tax credit
After 26% solar tax credit
Going solar in New York
Check out all of the ways energy providers of New York can help you be more energy efficient and save money.
The following programs are available:
|Residential Renewable Energy Tax Credit||Federal||Personal Tax Credit|
|Residential Solar State Tax Credit||State||Personal Tax Credit|
|Property Tax Exemption||State||Property Tax Incentive|
|Solar Sales Tax Exemption||State||Sales Tax Incentive|
|Value of Distributed Energy Resources - Phase One Net Metering||State||Net Metering|
|NY-Sun Smart Energy Loan||State||Loan Program|
|NY-Sun Megawatt Block Program - Con Edison - Block 8||Utility||Rebate Program|
|NY-Sun Megawatt Block Program - Con Edison Region - Block 8||Utility||Rebate Program|
Please keep in mind that the best source of up-to-date information on incentives are the solar installers who specialize in your area.