Are solar panels worth it on Long Island? Solar panels are a great investment on Long Island : In fact, Long Island was recently ranked #1 on a list of the top places for investing in solar in the US. Purchasing your solar system would be a great way to put your money to work: In New York, the average solar power system will pay for itself in 7 years.
How much does it cost to install solar panels on Long Island? How much do solar panels cost in New York + Long Island? The cost of an average solar system on Long Island or in New York City ranges between $10,000 and $25,000. On a cost per watt basis, it ranges between $2.92 to $4.20 per watt.
Is it worth going solar in NY? Solar panels provide more value where energy consumption or energy rates are high. New Yorkers use less electricity than most US residents, but they pay significantly higher prices for the electricity they use. As such, solar is quite valuable in New York and considered a great investment.
How much does it cost to go solar in NY? The average cost of a solar panel installation in New York ranges from $13,345 to $18,055. On a cost per watt ($/W) basis, a solar panel installation in New York ranges in price from $2.67 to $3.61.