Net Metering 2.0

Net Metering in New York

Current NEM policy, export rates, and impact on solar payback for New York homeowners.

NEM Export Rate

$0.224

per kWh

Avg Retail Rate

$0.224

per kWh

% of Retail

100%

compensation

Policy Status

Active

since 2022-01

System Limit

Up to 25 kW residential

max eligible

NEM Policy Details — New York

How New York compensates your excess solar generation

Net Metering 2.0Active

Phase-One NEM provides near-retail compensation. VDER (Value of Distributed Energy Resources) available as alternative. NYSERDA incentives available. Strong solar market.

NEM Rate$0.224/kWh
Retail Rate$0.224/kWh
Savings GapNone
Annual True-UpYes

Source: New York DPS, NYSERDA · Effective: 2022-01

Calculate Your NEM Savings in New York

$

NEM Rate Comparison

$0.00New York: $0.224$0.224 (retail)

New York's NEM rate is 100% of the retail electricity rate — near full retail compensation.

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Written & reviewed by

Jeremy Wolfe — Senior Solar Energy Analyst

Jeremy Wolfe is a solar energy analyst specializing in residential photovoltaic economics, federal and state incentive policy, and return-on-investment modeling for homeowners. He leads EnergyTools' solar research program and methodology.

  • 10+ years analyzing residential solar economics and payback modeling
  • Lead researcher for EnergyTools' 50-state solar cost-per-watt database
  • Author of 100+ solar ROI, payback, and incentive analyses

Methodology & data sources:NREL PVWatts, EPA FuelEconomy.gov, state utility commissions— updated 2026.