Solar Companies in New York
3.8 hrs/day
Peak Sun Hours
$0.21/kWh
Electricity Rate
$14,800
Avg. System Cost (6kW)
New York is a top-tier solar state thanks to its exceptional incentive programs, high electricity rates averaging over $0.20/kWh, and the nation's most ambitious clean energy targets. The Empire State receives about 3.8 peak sun hours daily, with strong economics driven by policy rather than sunshine alone.
New York's NY-Sun program, administered by NYSERDA, provides per-watt incentive payments that reduce upfront costs. The state offers a 25% solar tax credit up to $5,000, sales tax exemption, and a 15-year property tax exemption. The Value of Distributed Energy Resources (VDER) system replaced traditional net metering with a value-based compensation structure. Con Edison, National Grid, and Central Hudson are the major utilities.
New York City, Buffalo, and Albany are among the top residential solar markets. With stacked incentives - the NY-Sun rebate, state and federal tax credits, and VDER compensation - New York homeowners often achieve payback periods of 5-8 years despite moderate sunshine.
Solar Incentives in New York
Federal ITC: 30% tax credit on total system cost (through 2032)
Net Metering: Full Retail
State Tax Credit: Yes
New York offers a 25% state tax credit (up to $5,000), NY-Sun incentive payments through NYSERDA, VDER net billing, and property/sales tax exemptions.
City-level data for New York coming soon. Check back as we expand our directory.