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Solar in New York City, New York

Local costs, incentives and best installers

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What to expect
Avg. electric rate
$0.24/kWh
Sun hours
4.0
Typical system size
7.0 kW
Estimated net cost
$14,945
$NetCost = $SystemCost × 0.70$
Estimated annual savings
$1,962
$AnnualSavings = AnnualKWh × Rate$
Estimated payback
7.6 years
$Payback = \frac{Net\ Cost}{Annual\ Savings}$

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Incentives in New York

  • Federal ITC (30%)

    30% tax credit on eligible solar/battery costs.

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  • NYSERDA NY-Sun incentives

    Upfront incentives through NY-Sun Megawatt Block for residential and small commercial projects; levels vary by utility zone.

    Learn more