While cheaper fuel beckons for the US and Europe, weak oil-producing nations face hardship from the vast transfer of wealth.
Long Islandâs high electric costs have made it an attractive market for solar. About 40 percent of all systems installed in New York are on Long Island, according to the stateâs Energy Research and Development Authority.esearchers found that buyers were willing to pay a premium of $15,000 for a home with the average-size solar photovoltaic system (3.6 kilowatts, or 3,600 watts), compared with a similar home without one. Put another way, that translates to about four additional dollars per watt of solar power.
The median home value in New York is $307,800. New York home values have gone up 10.9% over the past year and Zillow predicts they will rise 3.6% within the next year. The median list price per square foot in New York is $181. The median price of homes currently listed in New York is $345,000. The median rent price in New York is $3,400. Foreclosures will be a factor impacting home values in the next several years.