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Cost of Solar Panels in the New York City Area
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How Much do Solar Panels cost in New York City?
So how much does going solar cost in New York City? We created the Home Solar Cost Index to give you some visibility into the actual prices that homeowners are paying in New York City to go solar. We’ve also compiled the costs to go solar for all of New York state here.
$14,903
Average Price of Solar Installations, AFTER Rebates and Tax Incentives
The average cost of installing solar in the first half of 2016 for the New York City area homeowners once tax incentives and rebates are applied.
$29,064
Average Price of Solar Installations, BEFORE Rebates and Tax Incentives
The average full price homeowners in the New York City metro area would have paid WITHOUT rebates and tax incentives for their solar panels in the first six months of 2016.
49%
Cost Savings on Solar Installations Due to Rebates and Tax Incentives
Homeowners in the New York City area can save most HALF of the full cost of home solar installations by combining the New York state property tax credit with other federal and state rebates and incentives.
Cost and Size of Average Solar Panel Installations in the New York City
We want to empower homeowners to make the best decision possible when it comes to deciding if they should go solar, so we’ve pulled together data on actual homeowner solar costs in New York City.
6.07 KW
Average Size of Home Solar Installations
New York City area homeowners have been installing larger and larger solar systems, with the average size of systems installed in first half of 2016 being roughly 6.07 KWs.
$2,445 / KW
Average Price Per KW Paid AFTER Incentive and Rebates
The per KW price that New York City area homeowners have paid for solar installations AFTER all tax incentives and rebates have been factored in, in the first six months of 2016.
$ 4,788 / KW
Average Price Paid Per KW BEFORE Incentives and Rebates
The price per KW BEFORE tax incentives and rebates for solar installations in the New York City metro area in the first six months of 2016.
Want to learn more about the Home Solar Panel Cost Index, or about the cost of solar in general? Learn more here.
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