Solar Savings Calculator for New York
New York homeowners pay an average of $185/month for electricity at 24.5¢/kWh. With 3.8 peak sun hours per day and a 25% state tax credit, solar can dramatically cut your energy costs.
Calculate Your Savings in New York
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Your Estimated Solar Savings
* Estimates based on 3.8 peak sun hours/day in New York, system cost of $3/watt, 30% federal ITC, 25% state tax credit, 3% annual electricity inflation, and 0.5% annual panel degradation over 25 years. Actual results may vary.
Solar Incentives in New York
Federal Solar Investment Tax Credit (ITC)
Reduces federal income tax liability by 30% of the total cost of a solar energy system, including equipment and installation.
New York State Solar Tax Credit
Generous state tax credit that stacks with the federal ITC.
NY-Sun Megawatt Block Program
Declining block incentive program administered by NYSERDA.
New York VDER (Value of DER)
Advanced net metering replacement that values solar exports based on multiple factors.
Cities in New York
Select your city for a more precise estimate with local electricity rates and utility information.
New York City
26¢/kWh · 4h sun/day
Avg bill: $200/mo · Con Edison
Buffalo
22¢/kWh · 3.6h sun/day
Avg bill: $172/mo · National Grid
Rochester
22.5¢/kWh · 3.6h sun/day
Avg bill: $175/mo · Rochester Gas & Electric (RG&E)
Syracuse
22¢/kWh · 3.5h sun/day
Avg bill: $170/mo · National Grid
Albany
23¢/kWh · 3.7h sun/day
Avg bill: $175/mo · National Grid
Yonkers
25.5¢/kWh · 4h sun/day
Avg bill: $195/mo · Con Edison
More Solar Resources for New York
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