New York CitySolar Incentives 2026: Rebates, Tax Credits & Net Metering
New York City homeowners stack the 30% federal tax credit with the 25% New York state credit and Con Edison net metering. With 4.6 peak sun hours a day and bills averaging $175/month, the typical New York City system pays back in about 6.9 years.
Solar Incentives Available in New York City
Solar incentives in New York City come in three layers. First, every homeowner qualifies for the 30% federal Residential Clean Energy Credit on the full installed cost, claimed on IRS Form 5695. Second, New York adds a 25% state income tax credit (up to $5,000) that stacks on top. Third, Con Edison sets the local rules for crediting the solar power you export.
NYC's high Con Edison rates plus New York's 25% state credit (up to $5,000) give one of the strongest payback cases in the country.
Con Edison Net Metering in New York City
Con Edison credits excess solar generation from New York City homes under New York's net metering rules, at roughly ~70–90% of retail of the retail rate. A right-sized system can bring net annual electricity costs close to zero. See full New York net metering rules →
How Much Do Solar Panels Cost in New York City?
At New York's 2026 average of $3.10/watt, a typical 8 kW system in New York City runs about $24,800 before incentives. After the 30% federal credit and the New York state credit, the net cost drops to roughly $12,360 — the real out-of-pocket number for most New York City homeowners.
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Frequently Asked Questions
Solar Incentives in Other New York Cities
See your exact New York City solar savings
Enter your Con Edison bill and we'll apply every New York and federal incentive to your real numbers — system size, net cost, payback, and 25-year savings.