Solar Panel Cost Guide in Queens, NY (Aug 2022)

  • Queens Solar Installation Cost: $8,361
  • 25-Year Savings: $23,697
  • Payback Period: 6.5 Years

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EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 7/19/2022

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Average Cost of Solar Panels in Queens

We go over average solar pricing in Queens.

The average cost of solar panels in Queens is $3 per watt. The average Queens homeowner needs a 3.8-kilowatt system, which would cost about $8,361, or $6,187 after the federal solar tax credit is applied.

These figures are just averages, and the cost of going solar for you may vary based on factors unique to your home and what company you want to go with. But, after you've paid the initial cost of installation, the ROI for most homeowners is quite rewarding, with a net average savings of about $32,000 over 20 years on energy bills.

To calculate your potential ROI and connect with a local solar company, click the button below.

Solar savings over time in Queens

Year Return on Investment
1 years $-7,079
3 years $-4,514
5 years $-1,949
7 years $615
9 years $3,180
11 years $5,745
13 years $8,309
15 years $10,874
17 years $13,438
19 years $16,003
21 years $18,568
23 years $21,132
25 years $23,697

Top Solar Installers in Queens

Many homeowners opt for a solar panel installer since trying to install solar panels on your own can be challenging. Also, companies with a good reputation that cost more upfront could actually save you money in the long run because of their warranties, repair services and expert design.

If you're searching for a solar company in Queens, the EcoWatch team has compiled a list of our top suggestions here:

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

Best Technology

The Green Panel

★★★★★
4.5

  • Price-match guarantee
  • Sleek, efficient, and durable solar panels
  • Best solar battery on the market
  • Some reported issues with customer service
  • Customer service varies by local dealer

See all of the solar companies in Queens

Factors that Affect Solar Panel Costs in Queens

The cost of installing a solar system in Queens can vary by more than $10,000 from home to home. Your actual cost depends on several factors. The largest one is the size of the system you need, and other factors include equipment choices, financing options and the solar company you choose.

Solar Equipment Size

System size is one of the largest factors that affects the overall cost of installing solar panels. That's why it's a priority to accurately assess the size of the solar energy system needed for your home by figuring out your energy needs. There are several different solar panel brands and the one you choose also changes the cost. Usually, the brands that are more efficient tend to also be more expensive. Additionally, the type of equipment you're looking to install can affect your total cost. If you just need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.

Solar Financing Terms

Most solar installers in Queens provide solar loans, which reduce the initial cost of installing solar panels. When figuring out your overall cost, you should also calculate the interest you'll pay if you opt for a solar loan. Also, paying more on your down payment can reduce the total interest paid over time.

Solar Panel Installation Company

The solar installer you choose to handle your switch to renewable energy can have an effect on your total costs. There are about 3 solar panel companies in Queens, and each can charge varying amounts for labor and equipment. Larger national companies generally have lower costs, but some local companies keep up with them by promoting sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or extra services like electric car charger installation, they might be cheaper overall.

Solar Panel Cost Data by System Size

System size Cost per system watt Solar system cost 25-Year savings Payback period
6 kW $3.07 $13,622 $36,540 6.8 years
8 kW $3.01 $17,813 $49,070 6.7 years
10 kW $2.95 $21,830 $61,774 6.5 years
12 kW $2.89 $25,672 $74,652 6.4 years
14 kW $2.83 $29,340 $87,706 6.3 years
16 kW $2.77 $32,832 $100,934 6.1 years
18 kW $2.71 $36,150 $114,336 6.0 years
20 kW $2.66 $39,294 $127,914 5.9 years

Solar Incentives in Queens

Name Residential Solar Tax Credit
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 Max $5,000 for solar-energy systems
Website Visit here
More Info Click here

Name ITC
Type Tax Incentive
Incentive Amount 26% of installation cost
Website Visit here

Name New York City - Property Tax Abatement for Photovoltaic (PV) and Energy Storage equipment
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 Max $62,500 annually or the amount of real property taxes owed during a year
Website Visit here
More Info Click here

Name Local Option - Real Property Tax Exemption for Green Buildings
Incentive Amount Upon local adoption, 20% - 100% of real property taxes owed; varies by year and certification level
Website Visit here
More Info Click here

Name NY-Sun PV Incentive Program (Residential, Low-Income, and Small Business)
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)
Website Visit here
More Info Click here

Name Home Performance with ENERGY STAR
Website Visit here
More Info Click here

Name NY Green Bank
Website Visit here
More Info Click here

Name Local Option - Solar Sales Tax Exemption
Incentive Amount Upon local authorization, 100% exemption from local sales tax
More Info Click here

Name New York City - Residential Solar Sales Tax Exemption
Incentive Amount 100% local sales tax exemption
More Info Click here

Name Solar Sales Tax Exemption
Incentive Amount 100% exemption from state sales tax
Website Visit here
More Info Click here

Name Energy Conservation Improvements Property Tax Exemption
Incentive Amount 100% of the value added to the residence by the improvements
Website Visit here
More Info Click here

Name NY-Sun Loan Program
Website Visit here
More Info Click here

Name Local Option - Solar, Wind & Biomass Energy Systems Exemption
Incentive Amount 100% exemption for 15 years (unless local jurisdiction has opted out)
Website Visit here
More Info Click here

How to Save on Solar Panels

There are many solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you decide on the right company for you, here are some tips to keep in mind:

  • Solar Panel Brands: Different companies have various brands and models of panels. If you know you want a specific brand, make sure the solar company you're considering has it.
  • Reputation: Your solar installer should have a good reputation as a company and have verifiable expertise in the field. Two ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has satisfied reviews from past customers.
  • Installation Process: Make sure you're aligned with the company regarding how the installation process will go and what you need to do before your solar panels are installed, such as repairing your electrical system or roof.
  • Contract: Before you sign a contract with a solar installer, make sure to look it over carefully so you understand the terms. Also, ask questions if you're unsure about some of the terms, such as what the warranty covers and what services you can expect from them.

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Regional Coverage

Momentum Solar

★★★★★
4.5

  • Great warranty coverage
  • Representatives are experts on local policies
  • Concierge service ensures steady communication
  • Slightly limited service offerings

Best Technology

The Green Panel

★★★★★
4.5

  • Price-match guarantee
  • Sleek, efficient, and durable solar panels
  • Best solar battery on the market
  • Some reported issues with customer service
  • Customer service varies by local dealer

EcoWatch's Queens, NY Solar Cost FAQs

How much does it cost to install solar panels in Queens?

The average cost of solar panels in Queens is about $14,750 for a 5-kW system and $29,500 for a 10-kW system before the ITC, but the actual cost will depend on things like the model of solar panels you want, what size system you need and how much energy you use.

Can you get solar panels for free in Queens?

Solar panels aren't free in Queens, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that you can take advantage of.

Can solar panels completely eradicate my energy bills?

It is possible to eradicate your electricity bills with solar panels, but for most homeowners throughout Queens, that will require at least a 10-kW system. Not all homes can accommodate that size system, so you'll want to check with a local solar installer to see how many panels can fit on your roof.

How long do solar panels last in Queens?

Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is their energy production will have decreased significantly after that point. You can replace them after having them for that long or you can continue to use them at a lower efficiency.

Our goal is to reach as many people as we can with sensible solutions like solar energy. Our team of full-time local researchers collects solar price and installation data for every city in America then compiles it to create these digestible city guides. If you want to read our solar expert’s opinion on the top solar companies featured here, follow this link.

Company research was conducted by Melissa Smith and Karsten Neumeister. Local data analysis was conducted by James Savino. See something we missed or could do better? Email the editor.

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