• Annual Savings Per Home Icon
    $1,322
    Annual Savings Per Home
  • Average Installation Cost Icon
    $21,988
    Average Installation Cost
  • Potential Pay-off Time Icon
    12 Years
    Potential Pay-off Time

Solar Energy Installation in New York

The installation cost in New York ranges from $3,528 to $6,575,800.
New York residents who switch to solar may be eligible for federal and state tax credits, exemptions, and loans.
Most of the New York residents who switched to solar chose Trina Solar panels.
Data Industry Logos: Berkeley Lab, NREL, eia, DSIRE

Data from Industry Leaders

Calculate Your Cost

What Size is Your Home?

System Size

5.9 kW

System Cost

$25,128

Pay-off Time

12 Years

For the most accurate cost estimate, connect with an experienced installer in your area.

Rebates and Savings

New York ny residents who switch to solar are eligible for these local, state and federal tax programs.

Program NameProgram TypeAmount
Residential Renewable Energy Tax CreditTax Credit30% before 2020 26% during 2020 22% during 2021
Residential Energy Conservation Subsidy Exclusion (Personal)Tax ExemptionFull rebate amount excluded from taxable income
Local Option - Solar, Wind & Biomass Energy Systems ExemptionProperty Tax Exemption100% of appraisal value for 15 years
Residential Solar Tax CreditState Tax Credit25% percent of the cost of equipment and installation, up to $5000
Local Option - Solar Sales Tax ExemptionSales Tax ExemptionVaries with city
NY-Sun PV Incentive Program (Residential, Low-Income, and Small Business)otherVaries with uptake: Long Island Region: $0.00/W Con Edison Region: $0.40/W Up State Region: $0.35/W Low-to-Moderate income customers: Double the standard incentive amount (up to 6 kW)
New York City - Property Tax Abatement for Photovoltaic (PV) Equipment ExpendituresProperty Tax Exemption100% of system appraised value for first year, diminishes after