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Best 5 Solar Companies in Manhattan, NY

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Written By Max Peterson | Last Updated: February 05, 2024

The Manhattan community is intentional about preserving its natural resources and embracing sustainability. That includes embracing alternative energy sources like solar. While switching to solar energy comes with upfront costs, local homeowners could ultimately save $1,700 per kilowatt on their electric bills. A professional installation team can help you select the best panels to maximize your savings. In this article, we'll show you Manhattan's best solar providers and offer tips for your company choice, so you can find the ideal one for your household.

Best Solar Panel Leasing
4.4
  • Provides system monitoring
  • Offers diverse financing options for various budgets
  • Provides EV and solar battery solutions
Best Solar Panel Installation
4.4
  • Offers 7 panel brand options
  • 25-year workmanship warranty
  • Offers battery options

Top Manhattan Solar Companies

Venture Solar Logo

Venture Solar

4.8/5
Based on 623 customer reviews.

Services Offered

Residential Panels Commercial Panels Consultation Financing Assistance

Highlights

  • Clear pricing policy
  • Reliable customer support
  • Free quotes
42 West St, Brooklyn, NY 800-203-4158 venturesolar.com
Solar Clean Energy Systems Logo

Solar Clean Energy Systems

4.7/5
Based on 17 customer reviews.

Services Offered

Residential Panels Commercial Panels

Highlights

  • Free quotes
95 Joralemon St, Brooklyn, NY 332-222-8767 solarcleanenergysystems.com
Jersey Solar Power Systems Logo

Jersey Solar Power Systems

4.7/5
Based on 49 customer reviews.

Services Offered

Residential Panels Maintenance

Highlights

35 Journal Square Plaza #8, Jersey City, NJ 201-885-1023 jerseysolarpowersystems.com
Sustainable Solar and Storage, LLC Logo

Sustainable Solar and Storage

4.7/5
Based on 20 customer reviews.

Services Offered

Consultation Residential Panels

Highlights

  • Informative resources
  • Free quotes
  • Reliable customer support
3418 Northern Blvd Suite 4/21, Queens, NY 917-561-1150 sustainablesolarandstorage.com

More Local Solar Companies

Solarmentor.com

User Reviews: 4.7/5 

137-01 70th Rd Unit 1
Queens, NY 11367

Blue Shield Solar

User Reviews: 4.7/5 

2920 Avenue R Suite #165
Brooklyn, NY 11229

Advanced Solar Solutions

User Reviews: 4.7/5 

14134 71st Ave
Queens, NY 11367

NY Borough Solar Experts

User Reviews: 4.7/5 

428 Neckar Ave
Staten Island, NY 10304

Alerce Solar

User Reviews: 4.6/5 

78 John Miller Way
Kearny, NJ 07032

Brooklyn SolarWorks

User Reviews: 4.5/5 

200 6th St Suite 3G
Brooklyn, NY 11215

Nexamp, Inc.

User Reviews: 4.4/5 

154 W 14th St 2nd floor
New York, NY 10011

Mpower Solar

User Reviews: 4.2/5 

150 Kenilworth Pl
Brooklyn, NY 11210

Solanta

User Reviews: 4.1/5 

199 Tompkins Ave
Brooklyn, NY 11206

To share feedback or ask a question about this article, send a note to our Reviews Team at reviewsteam@thisoldhousereviews.com.

Ranking Methodology

We assessed a multitude of Manhattan solar providers, using the following criteria to select the best:

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Facts about Manhattan
Average Max Temp: 60°F
Solar Payback Period: 12.9 years
Average Daily Sunlight: 58%
Homes Powered by Solar: 10,101
Average Annual Energy Bill: $1,880
Solar Power per Capita Percentile: 48.0%

Expert Tips By

This Old House empowers homeowners with the knowledge and tools they need to tackle various projects and navigate the complexities of homeownership.

Benefits of Solar Energy

Solar energy provides multiple benefits. Here are some highlights.

  • Lowered energy bills: With solar panels, you create power without paying the tacked-on costs of grid-connected power. You can eliminate your bills completely if you go off-grid.
  • Better energy independence: Solar systems with battery storage operate through blackouts and emergencies, and you won't have to rely on the power grid for your safety and comfort.
  • Reduced carbon footprint: Embracing solar is a surefire way to lower your carbon footprint and home fossil fuel dependency.

What Solar Incentives Are Available to Manhattan Homeowners?

New York homeowners who go solar could qualify for special financing, tax credits, rebates and reimbursements. Here are just a few of the local incentive programs.

Incentive Type: PACE Financing

Website: nyserda.ny.gov

Incentive Amount:

Locally determined

Incentive Type: Personal Tax Credit

Website: tax.ny.gov

Incentive Amount:

25% for solar-electric (PV) and solar-thermal systems; for third-party owned systems this is in reference to the aggregate amount owed under the contract rather than the amount owed in any single year

Incentive Type: Corporate Tax Credit

Incentive Amount:

$0.01/gallon for each percent of biodiesel

Incentive Type: Loan Program

Website: ny-sun.ny.gov

Incentive Amount:

Residential Customers: $1,500 - $25,000

Small Business and Not-for-Profit Organizations:
Participation Loans: up to $100,000 (at low interest rate)
On-Bill Recovery loans: $50,000 at 2%

Incentive Type: Sales Tax Incentive

Incentive Amount:

100% exemption

Incentive Type: Sales Tax Incentive

Incentive Amount:

Upon local authorization, 100% exemption from local sales tax

Incentive Type: Sales Tax Incentive

Website: tax.ny.gov

Incentive Amount:

100% exemption from state sales tax

Incentive Type: Property Tax Incentive

Website: tax.ny.gov

Incentive Amount:

Upon local adoption, 20% - 100% of real property taxes owed; varies by year and certification level

Incentive Type: Property Tax Incentive

Website: tax.ny.gov

Incentive Amount:

100% of the value added to the residence by the improvements

Incentive Type: Property Tax Incentive

Website: tax.ny.gov

Incentive Amount:

100% exemption for 15 years (unless local jurisdiction has opted out)

Incentive Type: Rebate Program

Website: ny-sun.ny.gov

Incentive Amount:

Incentive rates step down over time as MW goals are met. Incentive rates as of 11/27/2019 are:

Residential:
Long Island Region: $0.00/W (MW blocks have been fully subscribed)
Con Edison Region: $0.30/W
Upstate Region: $0.35/W
Low-to-Moderate income customers: $0.80/W (up to 10 kW)

Small Commercial (Non-Residential): Long Island Region: $0.00/W (MW blocks have been fully subscribed)
Con Edison Region: $0.60/W
Up State Region: $0.45/W

Multifamily Affordable Housing Adder: additional $0.40/W (up to 50 kW)

Incentive Type: Rebate Program

Website: nyserda.ny.gov

Incentive Amount:

Small Systems (≤ 10 cooling tons): $1,500/cooling ton
Large Systems (> 10 cooling tons): $1,200/cooling ton

Incentive Type: Loan Program

Website: nyserda.ny.gov

Incentive Type: Other Incentive

Website: greenbank.ny.gov

Incentive Type: Personal Tax Credit

Website: tax.ny.gov

Incentive Amount:

$0.01/gallon for each percent of biodiesel

Incentive Type: Rebate Program

Website: nyserda.ny.gov

Incentive Amount:

Tier I: 10,000 kWh of expected annual energy production: $3.50/annual kWh
Tier II: 10,000 kWh - 125,000 kWh of expected annual energy production: $1.00/annual kWh
Tier III: 125,000 kWh - 1,000,000 kWh of expected annual energy production: $0.30/ annual kWh
Tier IV: Greater than 1,000,000 kWh of expected annual energy production: $0.15/ annual kWh
These incentives are additive.

Incentive Type: Performance-Based Incentive

Website: nyserda.ny.gov

Incentive Amount:

  • Capacity Incentive: Varies on the construction and design of the system
  • Performance Incentive: $0.025/kWh production payment for new systems for up to 10 years (estimated using a capacity factor of 75%)
  • Interconnection Incentive: up to 75% of the costs exceeding $5,000
  • Project Enhancement Incentives: Available for Black Start Capability, Hydrogen Sulfide reduction, design for accepting food waste and others

Incentive Type: Personal Tax Credit

Website: ecowatch.com

Incentive Amount:

30% federal tax credit for systems placed in service after 12/31/2021 and before 01/01/2033. Good for: solar water heat, solar photovoltaics, biomass, geothermal heat pumps, wind (small), fuel cells using renewable fuels.

How To Choose the Best Solar Company in Manhattan

Choosing a company is the first step toward an effective and cost-efficient solar array. Here are some essential aspects to remember while searching for a solar company.

Licensing and Training

New York state does not issue licenses to contractors, so you should check with your city or county government for its specific requirements and regulations. Solar installers can also earn accreditations from trade groups and standards organizations. The most respected ones in the industry come from the NABCEP. Most company websites will prominently display earned credentials, but you should also ask your estimator for more information.

Cost of Solar Panels in Manhattan

Different solar panel types look and perform differently. Monocrystalline panels offer the best energy production but cost more than other options. Polycrystalline panels produce less power, but start at a more budget-friendly price point. Thin-film panels work well for small projects like RVs and sheds, but they're not ideal for larger installations due to their low performance.

If you'd like to charge an electric vehicle (EV) or use your solar power in cloudy weather, you can pay extra for add-ons. By choosing the right components, you can make your system more productive and convenient to use. Not all solar providers offer these add-ons, so look for a contractor that installs them if it's important for you.

You can expect to pay about $18,250 on average for a five-kilowatt solar energy system in Manhattan. Check the table in this section to get an idea of what amount Manhattan solar companies might quote for your specific system.

Solar Panel Cost Average Cost
Solar Monocrystalline $1,399
Solar Polycrystalline $1,091
Thin-Film $638
Solar Battery $895
Solar Home EV Charger $3,357

Financing Solar Energy in Manhattan

There are a plethora of ways to pay for new solar panels, and the right one will minimize your overhead. A few of the most common options include cash payments, leases, power purchase agreements (PPAs), and loans. Most solar experts recommend paying cash or using a solar loan. Cash payments demand a large up-front sum, but they save you from paying interest, grant you system ownership, and qualify you for cost-saving incentives. Solar loans have the same benefits, though you'll pay more in total due to interest and fees. Much like a home or auto loan, you'll pay a set monthly rate with as little as $0 down. Solar leases allow you to pay a monthly rate to rent your panels, while a power purchase agreement lets you pay a variable rate based on only the energy you use. We generally advise against these options since you will not have ownership of your system and are disqualified from solar incentives, but they might be suitable in particular circumstances. Look for providers that offer several payment plans to find the right fit for your budget.

The table below lists the average payback periods for different capacities of solar systems in Manhattan.

A 26% federal tax credit applies to new residential solar equipment purchased through 2032. Additional incentives may be available through local governments, usually in the form of rebates and special financing programs.

Solar System Capacity Estimated Payback period
1 kW 2.6 years
2 kW 5.1 years
5 kW 12.9 years
10 kW 25.7 years

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Frequently Asked Questions About Solar in Manhattan

How much energy and money could I save per year by switching to solar?

Most Manhattan homeowners spend about $1,880 on energy each year. Your costs could drop by $1,708.58 for each kilowatt you generate after you pay off a solar array.

Is solar energy easily accessible in Manhattan?

Yes, solar energy is reaching new heights in Manhattan. Some homes already benefit from solar power on-site or through utility grids, and they're backed by a state solar economy with 10740 job opportunities and counting.

Will solar panels boost my Manhattan home worth?

Yes, new solar systems mean higher property values according to the National Renewable Energy Laboratory (NREL.) Homeowners could project a $20 property value increase for each dollar they save on energy. Therefore, $600 in energy savings could increase your home's value by $12,000.

Could I still use solar power if I live in a rainy, dark, or wooded area?

Even if your property has high tree cover, you could still benefit from solar energy. Your contractor will enhance your system's performance by choosing the proper site for panels, installing a battery backup system, positioning them to capture the most sunlight throughout the year, and cleaning them regularly. This way, you can store solar power and use it as necessary.

How long does a typical solar system last?

Today's solar panels are remarkably durable, lasting up to 25 years. Monocrystalline options and other top-tier models tend to live longer than cheaper models.

What's the average solar system size in Manhattan?

A typical Manhattan solar home has a 3.9-kW panel array, but you might need a bigger system if your energy needs are more demanding. Solar installers will evaluate your property's energy consumption and roof shading to recommend the right system for you.

How does "net metering" work, and do I need to participate?

Most utilities and states run net metering programs, and some mandate homeowners to join. Once you sign up, you can obtain a bill credit or check for any surplus electricity you produce and send to the grid. Generally, power companies compensate solar homeowners at a wholesale or "avoided-cost" rate.

What are some "red flags" to watch for as I research companies?

Even the most esteemed Manhattan solar companies will have both glowing and unfavorable reviews. To make the most informed selection possible, focus on these warning signs to know if a company isn't worth your attention:
  • Pushy sales approach
  • Dodging questions about training and credentials, cost, warranties and references
  • Limited or no customization
  • Rushing through the site assessment
  • Limited customer feedback

To share feedback or ask a question about this article, send a note to our Reviews Team at reviewsteam@thisoldhousereviews.com.

Sources