Is solar worth it in 11218 (Brooklyn, NY)?

With an average payback period of 9.8 years and 25-year savings of $39,375, solar panels in Brooklyn, New York are a solid investment.

How much do solar panels cost in 11218?

The average cost of a 6kW residential solar system in Brooklyn, New York is $15,400 before incentives. The federal 30% Investment Tax Credit reduces this to about $10,780.

How much solar electricity does 11218 get?

Brooklyn receives 4.28 kWh/m²/day of solar irradiance. A 6kW system in zip code 11218 produces approximately 7,499 kWh per year.

Solar Panel ROI in 11218

Brooklyn, 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 11218 (Brooklyn)

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

System Size

System Cost

Electricity Rate

$ /kWh

Solar Irradiance

4.28 kWh/m²/day

Based on NREL data for Brooklyn, 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 11218 – Brooklyn, 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

Brooklyn 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 Brooklyn, 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 Brooklyn.

11218 vs New York Average

Solar Irradiance

11218: 4.28 NY avg: 4.48

Payback Period

11218: 9.8 yrs NY avg: 10 yrs

Annual Savings

11218: $1,575 NY avg: $1,541

25-Year Savings

11218: $39,375 NY avg: $38,525

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

Nearby Zip Codes — Solar Comparison

11201 Brooklyn, NY 2.6x ROI 9.8 yr payback 11206 Brooklyn, NY 2.6x ROI 9.8 yr payback 11212 Brooklyn, NY 2.6x ROI 9.8 yr payback 10002 New York, NY 2.6x ROI 9.8 yr payback 11385 Ridgewood, NY 2.6x ROI 9.8 yr payback