Best Solar Companies in New York, New York

The 30% federal solar tax credit expired at the end of 2025.

Statewide, average solar panel costs in New York range from $13,956 to $27,911. Prices in New York City are comparable, ranging from $13,956 to $27,911.

System size is the major solar cost factor. The average New York household needs a system with a capacity of 6.9 kW (kilowatt) to fully offset their electricity costs. Depending on how much energy you and your family use, you might need a smaller or larger one.

Average solar panel costs by system size in New York City

How can I pay for solar panels?

Getting solar panels is like buying a car. Most people pay cash, finance or lease. Similar to leasing, a power purchase agreement (PPA) lets you get the benefits of solar without actually owning the equipment.

• Solar loans work like any other type of loan. They have relatively low fixed interest rates. Once you pay it off, you own your system outright. The New York State Energy Research and Development Authority (NYSERDA) offers low-interest solar loans for low-income residents and for those who may not qualify for traditional loans. Eligible residents can borrow between $1,500 and $25,000.
• Solar leases are a good option if you have limited savings and don’t want to take on debt. A potential downside to leasing is that you won’t be eligible for the federal solar tax credit.

» SOLAR PANELS: Lease vs. buy

With the 30% federal solar tax credit gone, it makes sense to take advantage of as many local solar incentives in New York as possible.

For instance, there is a personal tax credit for New York residents going solar. There’s also no sales tax on commercial solar equipment, and renewable energy equipment is exempt from property taxes for 15 years on multifamily residential buildings.

In our experience, the best solar companies in New York have a few things in common: lots of experience, reliable equipment and transparent contracts. Here are some hiring tips:  

1. Look out for scams: One of the most common solar scams involves fake companies that sell panel systems without any intention of really installing them. Another scam is falsely claiming to be affiliated with state agencies. 

2. Check certifications. The New York State Energy Research and Development Authority (NYSERDA) is a good place to start. We also recommend choosing an installer certified through the North American Board of Certified Energy Practitioners (NABCEP). 

3. Read reviews: Research the company's track record and read reviews. Look out for red flags — complaints about misleading sales tactics, equipment failures, billing issues and lack of communication are common themes in negative solar company reviews. 

4. Compare quotes: Get multiple quotes from different solar companies to compare prices and services. Be cautious of companies that provide significantly lower estimates than others — this may indicate lower quality.

5. Ask questions: Do you need a solar storage battery? A battery lets you store excess energy generated during the day and use it when your panels aren’t producing, like at night or during outages. It’s worth considering if your area gets frequent blackouts.

What about an electric vehicle (EV) charger or critter guards? How does this affect overall pricing? What if your system needs maintenance? If you don’t understand something about the payment terms, warranty or ongoing services, ask for clarification.

Pro tip

Urban homeowners in New York often face space limitations, so rooftop installations may be smaller or less efficient. For city residents, solar energy battery storage can help offset peak electricity prices and improve resilience during outages.

Solar panels are generally worth it in New York if you like the idea of lowering your monthly utility bills. On average, New York City homeowners with solar panels can avoid $58,988 in total utility costs over 25 years.

Homeowners with solar panels typically save $20,000 to $90,000 over 25 years.

Many New Yorkers seem particularly happy with their savings since going solar. For example, Joseph in Queens is saving “about $300 a month even with the cost of the lease.”

Similarly, Eric in The Bronx wrote in a review: “We haven't paid an electricity bill other than a maintenance fee of $20 to $30 a month.” 

The main drawback is the high upfront cost of purchasing and installing the panels and equipment. Assuming an upfront purchase, it takes about 8.55 years to break even (when your savings with solar panels make up for the cost).

Potential roof problems

As a rule of thumb, if your roof is more than 10 years old, consider fixing it before going solar. Installing solar panels on an old roof might mean you have to remove the panels, replace your roof and then reinstall the panels. This is an expensive and frustrating process.

» SHOULD YOU: Replace your roof before going solar?