Solar Panel Cost in New York, NY
Average solar installation in New York costs $51,700 before tax credits ($36,190 after 30% ITC). New York gets 4.2 peak sun hours/day.
New York 7kW System
$51,700
$36,190 after 30% ITC
Peak Sun Hours
4.2 hrs/day
Moderate solar potential
Est. Payback Period
20 years
at avg electricity rates
Solar Panel Cost in New York by System Size — 2026
| System Size | Before ITC | After 30% ITC |
|---|---|---|
| 5 kW (small home) up to 600 kWh/mo | $36,707 | $25,695 |
| 7 kW (average home) 700–900 kWh/mo | $51,700 | $36,190 |
| 10 kW (large home) 900–1,200 kWh/mo | $73,931 | $51,752 |
| 12 kW (very large) 1,200+ kWh/mo | $88,407 | $61,885 |
Prices include equipment, installation, and permitting for New York. ITC applies as a dollar-for-dollar federal tax credit.
Is Solar Worth It in New York? A 2026 Analysis
New York Solar Resource
New York receives 4.2 peak sun hours per day on average. This is slightly below the US average of 4.7 hours. Solar can still make financial sense in New York — you may need a slightly larger system to offset your electricity usage.
New York Net Metering
Net metering policy determines how much your utility pays for excess solar power. New York's net metering rules directly affect your financial return in New York. Full retail credit (what you pay per kWh = what you receive for exports) maximizes savings. Some utilities have reduced or eliminated net metering — check with your local utility before purchasing.
Financial Projections for New York
A typical 7 kW solar system in New York at $36,190 (after ITC) saves approximately $1,800/year at average electricity rates. That's a 20-year payback period. Over 25 years, the system generates roughly $8,810 in net savings above system cost.
Get Free Solar Quotes in New York
Compare New York solar installers and save an average of $3,000–$8,000 by getting competing bids.
FAQs — Solar Panels in New York
The average solar panel installation in New York, New York costs $51,700 for a typical 7 kW system. After the 30% federal Investment Tax Credit (ITC), the net cost is $36,190. With 4.2 average peak sun hours per day, New York has moderate solar potential.
Solar is a solid investment in New York with 4.2 peak sun hours/day. At average electricity rates, a properly sized system typically pays back in 20 years and generates savings over a 25-year lifespan. Check New York's net metering policy — full retail credit makes solar significantly more valuable.
New York solar owners can access: 1) Federal 30% Investment Tax Credit (through 2032) — saves $15,510 on a typical system; 2) New York state incentives — check your state's database for additional credits and rebates; 3) Local utility rebates — contact New York's utility provider; 4) Net metering — get credit for excess power sent to the grid.
In New York with 4.2 peak sun hours/day, a home using 900 kWh/month needs approximately 9 solar panels (400W each) — about a 3.6 kW system. Your solar installer will size the system based on your actual utility bills and roof conditions.
To find a trustworthy solar installer in New York: verify NY contractor licensing, check NABCEP certification (the gold standard for solar installers), read Google and BBB reviews, get at least 3 quotes, and use EnergySage's marketplace — it connects you with pre-screened New York installers competing for your business, which typically saves $3,000–$8,000 vs. going direct.