Discover your exact solar savings potential in New York. We factor in local utility rates, sun hours, and state-specific incentives to give you an accurate ROI estimate.
DISCLAIMER: All estimates are approximations based on regional averages. Actual savings vary by location, roof orientation, utility provider, and installer. This calculator does not guarantee specific savings.
Electricity rates last updated: August 2026 (source: EIA)
Find out how much you can save based on your location and current energy usage.
New York's average residential electricity rate is roughly 29.93¢/kWh — among the highest in the nation. Every kilowatt-hour your solar system produces replaces expensive grid power, which strengthens payback. Confirm your specific utility rate before estimating savings.
New York offers one of the strongest incentive stacks in the country: a NY State Solar Tax Credit (25% of system cost up to $5,000), a state rebate of roughly $5,000, a property tax exemption (15-year local option), and a sales tax exemption. The 30% federal residential solar tax credit (Section 25D) expired December 31, 2025 and does not apply to systems installed in 2026 or later.
New York averages roughly 4.0 peak sun hours per day — below the national average of about 4.5. Production is lower than in sunnier states, but the state's high electricity rates and strong incentives help compensate. Ask a local installer for a site-specific production estimate.
Everything you need to know about solar incentives, costs, and savings in your area.