SolarEnergyPrices

Data page · Northeast region

Solar Panel Cost in New York (2026)

A typical New York rooftop system costs around $3.1/W cash, installed, before incentives — with most quotes landing between $2.85/W and $3.4/W. The federal residential tax credit is $0 for 2026 installations (it ended 12/31/2025).

Market estimate · compiled 2026-08 · sources: marketplace reports, NREL, EIA, state programs — see methodology.

Rooftop solar panels on a Northeast colonial home in New York.
Typical Northeast colonial home with a rooftop solar array.

Typical cash price / watt

$3.10

range $2.85–$3.40 $/W

10 kW system (gross)

$31,000

$28,500–$34,000 · before incentives

Avg electricity rate

29.93¢/kWh

EIA May 2026 · avg use 571 kWh/mo

Export / net-metering

net billing

Value-stack net metering varies by utility; retail NEM for many small systems, with caps a…

Cost by system size

Gross installed cash price, before incentives. Net cost in 2026 = gross − $0 federal − any verified state/local incentive (see below).

Solar cost by system size in New York
System size Gross price range ≈ $/W Panels (400–450 W) ≈ Production/yr
5 kW $14,250–$17,000 $3.10 12–13 6,416 kWh
8 kW $22,800–$27,200 $3.10 18–20 10,265 kWh
10 kW $28,500–$34,000 $3.10 23–25 12,831 kWh
15 kW $42,750–$51,000 $3.10 34–38 19,247 kWh

Solar resource & economics

Production factor (est.)
1492 kWh/kW/yr
10 kW annual production (est.)
12,831 kWh
Year-1 savings for 10 kW at avg rate, 35% self-use
$3,216
Simple payback (net cost ÷ Yr-1 savings, rough)
≈ 16 yrs

These are rough planning numbers. Model your exact scenario in the price calculator — assumptions are visible and adjustable.

Export policy detail

Value-stack net metering varies by utility; retail NEM for many small systems, with caps and transition rules.

Why it matters: if exports are credited at the retail rate (1:1 net metering), every kWh counts the same. Under net billing or avoided-cost export, storing daytime power (battery) or shifting use matters far more. Your utility’s tariff — not the state average — decides this. Utility records

Incentives in New York (status-aware)

NY-Sun (MW Block) incentive

Current

Declining $/W block incentive (varies by region)

Value depends on remaining block — confirm current block value with your installer or NYSERDA.

Source: NYSERDA NY-Sun program · Last checked 2026-08-21

Retail Energy Storage Incentive

Current

Per-kWh installed storage incentive (declining)

Confirm availability and current $/kWh with NYSERDA before budgeting.

Source: NYSERDA · Last checked 2026-08-21

Property tax exemption for solar

Current

Exempt from local property tax (RPTL §487)

Some towns opt out — confirm locally.

Source: New York State RPTL 487 · Last checked 2026-08-21

Sales tax exemption for solar equipment

Current

Exempt from state sales tax

Confirmed current.

Source: New York State Department of Taxation and Finance · Last checked 2026-08-21

Tax exemptions: Property tax — current: Exempt from local property tax (RPTL §487; opt-out towns exist). Sales tax — current: Solar equipment exempt from sales tax.

Federal residential credit (§25D): expired 12/31/2025 — $0 for 2026 installations. Commercial/third-party-owned projects: see federal incentives.

Local considerations

Battery note: batteries add roughly $1,000–$2,000/kWh installed and rarely pay for themselves on energy savings alone. In New York, storage value depends on your export policy (net billing), TOU rates and outage risk — model it in the battery calculator.

Nearby states

Next steps

Every estimate on this page is a planning range — only a site inspection and real quote give an exact price.

Data sources: EIA Electric Power Monthly (rates, May 2026) · NREL (solar resource) · marketplace cost reports & state programs (cost estimates, 2026) · incentive records last checked 2026-08-21. Full detail in methodology.