About Solar power generation prices in New York USA
Going solar in New York now averages about $3.73 per watt. That means you can expect to pay roughly $3,729 per kilowatt (kW) of installed capacity before incentives. For example, a 5 kW system typically costs around $18,500 before applying the 30% federal tax credit.
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About Solar power generation prices in New York USA video introduction
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6 FAQs about [Solar power generation prices in New York USA]
How much do solar panels cost in New York?
As of January 2025, the average solar panel system costs $2.92/W including installation in New York. For a 5 kW installation, this comes out to about $14,608 before incentives, though prices range from $12,417 to $16,799. After the federal tax credit, the average price drops by 30%. You'll probably pay even less than what we show here.
How much does a 5 kilowatt solar system cost in New York?
You'll pay an average of $14,608 to install a 5 kilowatt solar panel system in New York, before incentives. The federal investment tax credit (ITC) lowers that price by 30% of all your solar equipment and installation costs. Why trust EnergySage? As subject matter experts, we provide only objective information.
How much does a solar system cost?
This is higher than the average price of residential solar power systems across the United States, which is currently $3.00 per watt. The size of a solar panel system also plays a role in how much the installation will cost. Larger solar installations typically have a lower cost per watt because the panels can be purchased at a ‘bulk price.’
How much does a solar system cost in 2025?
Solar panels generate “free” electricity, but installing a system still costs money. A typical American household needs a 10-kilowatt (kW) system to adequately power their home, which costs $28,241 in 2025. That price effectively drops to $19,873 after considering the full federal solar tax credit.
What is the cost per watt for solar?
The cost per watt for solar is $2.86. However, solar prices vary in different parts of the state. The graph below shows the average cost of installed solar systems in your part of the state. Solar panels have fallen in price by more than 80% in the last ten years.
Are solar panels a good investment in New York?
It depends on how big the solar system is and how exactly you decide to pay for it. The good news is that New York residents can take advantage of some of the most generous tax incentives and rebates in the country, to offset the cost. Can solar panels save you money? Interested in understanding the impact solar can have on your home?
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