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Best 5 Solar Companies in New York City, NY

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

New York City homeowners are intentional about conserving resources and embracing sustainability. That includes using alternative energy sources like solar. Solar installers take a distinctively educational approach, helping homeowners understand the underlying technology and adapt it to their needs. Discover New York City's top-rated solar companies and learn essential decision-making tips on this page.

Best High-Efficiency System
4.8
  • Builds custom, high-efficiency solar systems suited to each home
  • Extensive coverage area throughout the country
  • Offers energy storage and EV charger add-ons
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 New York City Solar Companies

SunPower Corporation Logo

SunPower Corporation

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4.4/5
Based on 77 customer reviews.

Services Offered

Residential Panels Financing Assistance Consultation Battery Storage

Highlights

  • Free quotes
  • Informative resources
  • Clear pricing policy
400 Executive Blvd Suite 137, Elmsford, NY 800-786-7693 us.sunpower.com
SunPower Logo

SunPower

GET QUOTE
4.4/5
Based on 78 customer reviews.

Services Offered

Residential Panels Battery Storage Financing Assistance Consultation

Highlights

  • Informative resources
  • Free quotes
  • Reliable customer support
300 American Metro Blvd #230, Hamilton Township, NJ 714-787-3800 us.sunpower.com
Sunrun Solar Logo

Sunrun Solar

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4.2/5
Based on 106 customer reviews.

Services Offered

Battery Storage Residential Panels

Highlights

  • Clear pricing policy
  • Free quotes
  • Informative resources
10 New Maple Ave, Pine Brook, NJ 833-324-5886 sunrun.com
Venture Solar Logo

Venture Solar

4.8/5
Based on 623 customer reviews.

Services Offered

Financing Assistance Consultation Residential Panels Commercial Panels

Highlights

  • Informative resources
  • Clear pricing policy
  • Reliable customer support
42 West St, Brooklyn, NY 800-203-4158 venturesolar.com

More Local Solar Companies

Solar Clean Energy Systems

User Reviews: 4.7/5 

95 Joralemon St
Brooklyn, NY 11201

Blue Shield Solar

User Reviews: 4.7/5 

2920 Avenue R Suite #165
Brooklyn, NY 11229

Sustainable Solar and Storage, LLC

User Reviews: 4.7/5 

3418 Northern Blvd Suite 4/21
Queens, NY 11101

Solarmentor.com

User Reviews: 4.7/5 

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

Advanced Solar Solutions

User Reviews: 4.7/5 

14134 71st Ave
Queens, NY 11367

Jersey Solar Power Systems

User Reviews: 4.7/5 

35 Journal Square Plaza #8
Jersey City, NJ 07306

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

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

Ranking Methodology

Our team used the following criteria to determine the best New York City solar companies.

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Facts about New York City
Average Max Temp: 60°F
Solar Payback Period: 12.9 years
Average Daily Sunlight: 58%
Homes Powered by Solar: 50,697
Average Annual Energy Bill: $1,878
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 advantages. Here are some highlights.

  • Reduced carbon footprint: The sun is a highly abundant clean energy source, meaning you can minimize or conquer your home's dependence on "traditional" sources.
  • Better energy independence: Adding a battery storage system lets you have dependable energy during grid outages and storms.
  • Lowered energy bills: You can dodge the expensive cost of grid-tied power by creating some electricity at home.

What Solar Incentives Are Available to New York City Homeowners?

The state of New York offers a number of solar incentives to help cut your solar system costs. Here is a breakdown of applicable solar programs where you live.

Incentive Type: Property Tax Incentive

Website: www1.nyc.gov

Incentive Amount:

Installed from August 5, 2008 to December 31, 2010: 8.75% of system expenditures per year for 4 years (total of 35%);

Installed from January 1, 2011 to December 31, 2012: 5% of system expenditures per year for 4 years (total of 20%);

Installed from January 1, 2013 to December 31, 2013: 2.5% of system expenditures per year for 4 years (total of 10%)

Installed from January 1, 2014 to December 31, 2016: 5% of the system expenditures per year for 4 years

Installed from January 1, 2017 to December 31, 2018: 5% of the system expenditures per year for 4 years

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: Sales Tax Incentive

Incentive Amount:

100% local sales tax exemption

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: psegliny.com

Incentive Amount:

Appliances
Advanced Power Strips: $10 - $20
Air Purifier: $25 - $50
Clothes Dryer: $50 - $250
Clothes Washer: $50
Dehumidifier: $30
Dishwasher: $50
Exhaust Fan: $20 - $25
Electric Freezer: $30
Heat Pump Water Heater: $650
Pool Pumps: $150 - $350
Refrigerator: $50
Refrigerator Recycling: $50

Lighting
Instant Rebates Vary by Product
Bulk Light Purchases: Up to $2 - $3/unit

Cooling & Heating
Central Air Conditioning: $450
Smart Thermostat: $85
Ground Source Heat Pump: $2,000/ton

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 New York City

The price and efficiency of solar panels often depend on which company mounted them. Make your choice based on the following crucial aspects.

Licensing and Training

The New York state government does not issue licenses to contractors, so you should check with your county or city government for its specific requirements and regulations. You should also visit a company's website to learn about its private accreditations. Two of the most respected are the Solar Heating Installer and PV Installation Professional certificates, backed by the North American Board of Certified Energy Practitioners (NABCEP). Some companies don't publish this information online, so you should also ask your estimator about them.

Cost of Solar Panels in New York City

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 want to charge an electric vehicle (EV) or use your solar power in dark weather, you can pay extra for accessories. By selecting the right components, you can make your panel array more efficient and convenient to use. Not every solar provider provides these additional features, so look for a company that installs them if it's a priority for you.

Generally speaking, it costs about $18,250 for a five-kilowatt solar array in New York City. This table lists more specific pricing information for different solar panel types and system components in your area.

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 New York City

There are various ways to pay for new solar panels, and the right one will lower your costs. A few of the most common options include cash payments, power purchase agreements (PPAs), loans, and leases. 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. Similar to a home or auto loan, you'll pay a set monthly rate with as little as $0 down. Solar leases let you rent your panels for a set monthly rate, while PPAs let you pay just for the energy you use, similar to an electric bill. Both options disqualify you for solar incentives and don't grant you system ownership. Solar experts generally don't recommend them, but they might be suitable in some cases. Look for companies that offer several payment plans to find the right fit for your financial needs.

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

You can claim a 26% federal tax credit from the IRS for new residential solar systems purchased before 2032. Additionally, utilities and local governments may have their own rebates and financing plans that could reduce your total cost even more.

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 New York City

How much money could I save by going solar in New York City?

On average, New York City homeowners pay approximately $1,878 per year for energy. Once you pay off your solar array, you could reduce your costs by $1,685.29 for every kilowatt you produce.

How popular is solar energy in New York City?

Yes, solar energy is readily available in New York City. A growing number of local homes are already using solar power on-site or through utility grids, and New York has about 10740 jobs forming its solar economy.

Will solar energy systems improve my New York City home price?

Yes, solar panels will boost your property value. According to the National Renewable Energy Laboratory (NREL), for every dollar you save on energy bills, your home value increases by $20. So, if your panels save you $600 per year on energy costs, your property could appreciate $12,000.

How long will a common solar system last?

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

Is solar panel installation a quick job?

There's no universal answer for how long a solar project might take. Ultimately, it depends on the necessary prework, system size, the permitting and inspection process, panel style, and local weather. Many homeowners can be solar-ready within a few months from their initial estimate visit.

What is the average payback period for New York City solar panels?

Most New York City homeowners pay back a solar loan in 7.6 years. You can shorten the payback period by paying off extra loan principal each month.

How are traditional solar loans and PPAs different?

A power purchase agreement is an agreement between you and your installer. They install, own, and maintain the panels, and you purchase the generated electricity from them for 10–25 years. There will usually be options to buy out early to own your system and extend the agreement.

In contrast, solar loans can come from specialty lenders, installer, local banks and the government. You'll need to pass a credit check to qualify for most of them. While the upfront costs are larger, and you'll be responsible for maintenance, you'll also have full ownership rights and can apply for many more benefits.

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

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