Solar Panel ROI in 10001

New York, New York — Is solar worth it here? Here's what the data says.

2.6x ROI Score
9.8 yrs Payback Period
$1,575/yr Annual Savings
$39,375 25-Year Savings

Your savings estimate

$ /mo bill
Annual savings $1,575
·
Payback 9.8 yrs
·
25-yr savings $39,375

Solar Calculator for 10001 (New York)

Adjust values to see your personalized solar ROI estimate for New York, New York.

kW
$
$ /kWh
4.28 kWh/m²/day
Based on NREL data for New York, NY
ROI Score 2.6x
Annual Production 7,499 kWh
Annual Savings $1,575
Payback Period 9.8 years
25-Year Savings $39,375
After 30% ITC $10,780

Solar Data for 10001 – New York, NY

Solar Irradiance 4.28 kWh/m²/day -13.7% vs national avg
vs New York Avg +2.4% State avg: 4.48 kWh/m²/day
Electricity Rate $0.210/kWh New York average rate
Annual Production 7,499 kWh 6kW system estimate

New York gets 4.28 kWh/m²/day (13.7% below national avg) and electricity at $0.210/kWh. The 9.8-year payback represents a solid return — the federal 30% ITC further reduces costs.

Solar Incentives for New York, New York

Federal Investment Tax Credit (ITC)

Claim 30% of your system cost as a federal tax credit. On a $15,400 system, that's $4,620 back.

Net Metering

Most New York utilities offer net metering — sell excess electricity back to the grid at retail rates, accelerating your payback.

New York State Programs

Check with the New York energy office for additional rebates, tax exemptions, and low-interest solar financing programs available in New York.

10001 vs New York Average

Solar Irradiance
10001: 4.28 NY avg: 4.48
Payback Period
10001: 9.8 yrs NY avg: 10 yrs
Annual Savings
10001: $1,575 NY avg: $1,541
25-Year Savings
10001: $39,375 NY avg: $38,525

See the full New York solar guide for statewide data and incentives.

Nearby Zip Codes — Solar Comparison

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