Solar Panels in New York
Strong Incentives Despite Fewer Sunny Days
$1,700/yr
Avg. Annual Savings
4.5 peak hrs/day
Peak Sun Hours
6–9 years
Payback Period
$15,000–$24,000
Avg. System Cost
Overview
Is Solar Worth It in New York?
New York may not be the sunniest state, but it has some of the strongest solar incentives in the country — and some of the highest electricity rates, which means every kilowatt-hour your panels produce is worth more. The NY-Sun program and a 25% state tax credit make New York one of the most financially attractive states for solar despite its northern latitude.
New York City and Long Island residents have additional incentive programs through Con Edison and PSEG Long Island.
Benefits
Why Go Solar in New York
Reduce Your Electric Bill
New York homeowners save an average of $1,700/yr after going solar.
Federal 30% Tax Credit
Deduct 30% of your total system cost from your federal income taxes.
Increase Home Value
Solar panels increase your home's resale value — and are excluded from property tax in most states.
Energy Independence
Lock in your electricity rate and protect against rising utility costs for 25+ years.
Available Incentives
New York Solar Incentives & Tax Credits
NY-Sun Incentive Program
State ProgramNew York's NY-Sun program provides upfront incentives for residential solar installations, administered through the New York State Energy Research and Development Authority (NYSERDA).
NY State Solar Tax Credit
Tax CreditNew York offers a 25% state income tax credit on the cost of your solar system, up to $5,000 — one of the highest state credits in the country.
Net Metering
Net MeteringNew York utilities offer net metering at the full retail rate, maximizing the value of your excess solar production.
Federal Investment Tax Credit (ITC)
Tax CreditThe federal 30% ITC applies to all New York homeowners who purchase their solar system.
Common Questions
New York Solar FAQ
Ready to go solar in New York?
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