Cost & Savings Breakdown
Based on $150/month electric bill in Syracuse
System Size
6.3 kW
Annual Production
7,157 kWh
Gross System Cost
$22,624
Federal Tax Credit (30%)
-$6,787
State Incentive
-$5,000
Net Cost
$10,837
Monthly Savings
$122
CO₂ Offset/yr
6,584 lbs
25-Year Savings Projection
Utility & Net Metering
Local UtilityNational Grid NY
Net Metering PolicyFull Retail
Compensation RateFull retail rate
Capacity LimitNo overall limit
Electricity Rate$0.204/kWh
Peak Sun Hours3.9 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 Syracuse?
Solar in Syracuse, New York costs approximately $22,624 for a 6.3 kW system. After the 30% federal tax credit, your net cost is about $10,837.
What is the solar payback period in Syracuse?
The estimated payback period for solar in Syracuse is 7.4 years, based on a $150/month electric bill and local sun hours of 3.9 hrs/day.
Does National Grid NY offer net metering?
National Grid NY offers Full Retail net metering. Full retail rate.