The Average Cost of Solar in New York
For a standard single-family home in New York requiring an 8kW system, the gross cost typically ranges between $25,000 and $31,000. Let's break down the actual net cost after applying the heavy federal and state tax credits.
Metric | Estimated Value (8kW System) |
|---|---|
Gross System Cost | $28,000 |
NY-Sun Megawatt Block Rebate (Estimated) | -$1,200 |
Federal Tax Credit (30% of remaining) | -$8,040 |
NY State Tax Credit (25% up to $5,000) | -$5,000 |
Estimated Net Cost | $13,760 |


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