PSEG Long Island (LIPA) is a state-owned utility serving about 1,032,490 homes in New York. Here's what its rates and export rules mean for solar: for a typical customer, solar is worth it.
Full retail net metering, monthly netting.
LIPA-specific successor tariff with CBC-like charge.
Net metering (kWh netting at retail, credits carried forward, annual excess at avoided cost); LIPA successor/CBC details not verified
| System | 6.6 kW (100% of 744 kWh/month) |
|---|---|
| Cost | $21,320, $16,320 after incentives |
| First-year savings | $2,384 |
| Payback | 6.6 years |
| 25-year net | $69,306 |
Uses the utility's average price; time-of-use plans can change this, so pick your plan in the calculator.
Rates we verified from PSEG Long Island (LIPA)'s tariff documents. Prices are per kWh including the main riders where noted; check your bill for the plan you're on.
Plan for solar customers. Effective 2026-10-01. Fixed charge $17.02/month.
| Period | Price |
|---|---|
| 3pm–7pm (4 months) | 49.3¢ |
| 12am–3pm, 7pm–12am (4 months) | 22.5¢ |
| 3pm–7pm (8 months) | 48.6¢ |
| 12am–3pm, 7pm–12am (8 months) | 20.8¢ |
EIA-861, 2025.
LIPA-specific successor tariff with CBC-like charge.
Residential customers paid an average of 26.2¢ per kWh in 2025 (EIA), about 28.1¢ adjusted to 2026. The typical home uses 744 kWh a month, a bill of about $209.
For a typical customer, solar is worth it: a 6.6 kW system costing about $16,320 pays back in about 6.6 years, with $69,306 net over 25 years.
About 95,569 homes had net-metered solar at the end of 2025, roughly 9.3% of residential customers (EIA-861).
Legal name: Long Island Power Authority (EIA ID 11171). Data: EIA-861 2025 and monthly data through 2026, state policy research October 2026, utility tariff sheets.