Solar Panel Cost in New York 2026: Winning with NY-Sun and State Credits

New York has some of the highest electricity rates in the U.S., but it also offers some of the most aggressive solar incentives via NYSERDA's NY-Sun program.

1. New York Solar Costs

In 2026, the gross cost of solar in New York averages $2.90 to $3.50 per watt. While equipment costs are standard, labor and permitting in areas like NYC and Long Island can be higher.

2. The NY-Sun Incentive

NYSERDA provides a direct rebate per watt installed. In 2026, many "megawatt blocks" are still active, providing thousands in upfront discounts directly via your contractor.

3. NY State Solar Tax Credit

Beyond the federal 30%, New York offers a 25% state tax credit (capped at $5,000 for residential). This "double-dipping" makes New York one of the cheapest places to go solar in the northeast.