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RESIDENTIAL PRICING WITH INCENTIVES AND TAX CREDITS
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$8/watt
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Residential pricing
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System Size kW
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Number of Solar Panels and Sq footage
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Approximate System Price
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Rebate @$1.75/watt
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Fed. Tax Credit
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NYS Tax Credit
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System cost after Rebate
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System kwh yearly production
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2
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9 (135 sq ft)
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$16,000
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$4,800
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$2,750
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$3,450
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2175
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3
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14 (210 sq ft)
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$24,000
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$7,200
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$4,125
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$5,175
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3263
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4
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18 (270 sq ft)
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$32,000
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$9,600
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$5,000
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$7,400
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4351
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CASH INCENTIVES
****Residential – $2.50 per watt up to the first 4 kW and $1.50 per watt after the first 4 kW up to a maximum of 8 kW per site/meter and not to exceed 50% of the total installed system costs.
**** Battery based Grid systems are typically priced 6-8% higher due to detailed engineering, permitting, and overall equipment needed for this type of system.
**** Please note that system production is based on 100% solar gain for New York and can be degraded for shading by trees, snow or other forms of solar blockage. The system performance is only an estimation.
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