Solar cost & payback in New York
Short answer
In New York, a home with a $150/month electric bill needs about a 6.9 kW solar system — roughly $14,440 after the 30% federal tax credit, saving about $1,801/year and paying back in ~8 years.
System size
6.9 kW
Cost after 30% credit
$14,440
Payback
8 yrs
20-yr net savings
$31,566
Solar in New York
New York averages about 3.9 peak sun hours a day and pays roughly 23¢/kWh. The figures above assume a $150/month bill and ~$3/watt installed, with the 30% federal tax credit. A bigger bill needs a bigger system; shading, roof orientation, and net-metering rules change the payback.
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Frequently asked questions
How much do solar panels cost in New York?
For a $150/month bill, about a 6.9 kW system — roughly $20,628 before incentives, or $14,440 after the 30% federal tax credit. Larger bills need bigger, pricier systems.
Is solar worth it in New York?
New York gets about 3.9 peak sun hours a day and pays ~23¢/kWh. A typical system pays back in ~8 years and saves about $31,566 net over 20 years — a strong case.
What is the solar tax credit in New York?
The 30% federal Residential Clean Energy Credit applies everywhere, including New York — about $6,188 on the example system. New York may add its own state incentives on top; check current programs.