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

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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.

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Net Metering

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

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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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