Cost & Savings Breakdown
Based on $150/month electric bill in Mount Vernon
System Size
6.3 kW
Annual Production
7,526 kWh
Gross System Cost
$22,630
Federal Tax Credit (30%)
-$6,789
State Incentive
-$5,000
Net Cost
$10,841
Monthly Savings
$122
CO₂ Offset/yr
6,924 lbs
25-Year Savings Projection
Utility & Net Metering
Local UtilityCon Edison
Net Metering PolicyFull Retail
Compensation RateFull retail rate
Capacity Limit150% of annual consumption
Electricity Rate$0.194/kWh
Peak Sun Hours4.1 hrs/day
Available Incentives
30%
Federal ITC — Deduct 30% of your system cost from federal taxes. Available through 2032.
$5,000
New York State Incentive — New York offers a 25% state tax credit up to $5,000.
Common Questions
How much does solar cost in Mount Vernon?
Solar in Mount Vernon, New York costs approximately $22,630 for a 6.3 kW system. After the 30% federal tax credit, your net cost is about $10,841.
What is the solar payback period in Mount Vernon?
The estimated payback period for solar in Mount Vernon is 7.4 years, based on a $150/month electric bill and local sun hours of 4.1 hrs/day.
Does Con Edison offer net metering?
Con Edison offers Full Retail net metering. Full retail rate.