Solar Panels in
New York City, NY

Updated 6/8/2019

How much do solar panels cost in New York City, NY in 2019?

As of September 2019, the average solar panel cost in New York City, NY is $3.93/W. Given a solar panel system size of 5 kilowatts (kW), an average solar installation in New York City, NY ranges in cost from $16,702 to $22,598, with the average gross price for solar in New York City, NY coming in at $19,650. After accounting for the 30% Federal Investment Tax Credit (ITC) and other state and local solar incentives, the net price you'll pay for solar can fall by thousands of dollars.

2019 average solar panel cost graph in New York City, NY

for a 5kW system

Great Price
$16,702 or less
Market Average
$19,650
Above Market
$22,598 or more

Solar installation costs do not include the 30% Federal Investment Tax Credit or local incentives. Learn more about local NY incentives, tax credits & rebates.

Payback Period

6.97 Years

20-Year Savings

$62,576

Cost per Watt

$3.93

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Top solar installers in New York City, NY

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True Cost of Solar Guide™ for New York

Download EnergySage’s DIY worksheet to better understand what solar should cost in your state

Don’t get sold on the hype! Find out what solar should actually cost before you talk to your first sales rep. This PDF worksheet will walk you through the simple calculations you can make to determine what size solar PV system you need, and approximately how much it should cost.