New York solar 101: must read before you buy solar panels
New York State 34 solar panels available
- $0.63 / W Average gross price of a solar power system as of February 2026
- 2 years Average system payback period
- $50 668 Average savings from going solar in New York
- 5 ¢ / kWh Levelized cost of solar energy
- 3.88 kW Recommended system size
Benefit from a PV system
in New York
4.62 hours of peak sunlight
New York may not be the sunniest state, but a PV system will still help you cut your electricity bills
2 years payback period
A solar power system in New York pays for itself a couple of times during its lifespan
Save money with Net Metering
The electricity you can’t consume can be put to good use. The utility will pay for it if you export it to the grid
Reduce the cost of your system by 26%
Get a quarter of the PV system cost off your taxes with the Federal Solar Tax Credit
Knock off another quarter of the costs
You can recover another 25% of the costs via New York Solar Equipment Tax Credit
New York #36 in the US
Solar Ranking
- $50 668 Average savings from going solar in New York
- 6 924 kWh/year Average electricity consumption of a NY household
- 7 115 kWh/year AC energy output of a 5 kW solar system installed in New York
- 18 ¢ /kWh The cost of electricity today in New York
- 38 ¢ /kWh The forecast average utility price over the next 25 years
- $0.63/WAverage gross price of a solar power system as of February 2026
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