Solar Panels in New York are booming as residents look to cut high energy costs and support the state’s ambitious clean energy goals. With around 200 sunny days per year and some of the highest electricity prices in the country, New Yorkers can benefit greatly from solar.
Cost of solar panels in New York
Residential solar systems cost between $14,000 and $25,000 before incentives. Average price per watt is $2.7–3.1. A typical home using 600–1,000 kWh monthly needs a 5–7 kW system.
Incentives and programs
New York offers some of the strongest incentives nationwide:
- Federal Solar Tax Credit (30%).
- NY-Sun Initiative: upfront incentives lowering installation costs, administered by NYSERDA.
- State Solar Equipment Tax Credit: worth up to 25% of system cost, capped at $5,000.
- Property and sales tax exemptions.
Net metering in New York
The state has moved to a “Value of Distributed Energy Resources” (VDER) system, which still credits solar owners for excess energy, though values vary by location and utility.
Payback and ROI
With high electricity rates (averaging $0.26 per kWh in 2025) and multiple incentives, solar panels in New York typically pay for themselves in 6–9 years. Over 25 years, savings often surpass $40,000–$60,000.
FAQ
How much do solar panels cost in New York? About $2.9 per watt.
Are there state incentives? Yes — NY-Sun plus tax credits.
Is solar worth it in New York? Yes — high rates make solar very profitable.
How long do Aptos panels last? 25 years minimum, often more.
Conclusion
New York combines strong incentives with high utility rates, making solar an excellent financial decision. Aptos panels ensure efficiency and reliability for homeowners across the state.