Cost & Savings Breakdown
Based on $150/month electric bill in Yonkers
System Size
5.9 kW
Annual Production
6,887 kWh
Gross System Cost
$21,226
Federal Tax Credit (30%)
-$6,368
State Incentive
-$5,000
Net Cost
$9,858
Monthly Savings
$122
CO₂ Offset/yr
6,336 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$0.212/kWh
Peak Sun Hours4 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 Yonkers?
Solar in Yonkers, New York costs approximately $21,226 for a 5.9 kW system. After the 30% federal tax credit, your net cost is about $9,858.
What is the solar payback period in Yonkers?
The estimated payback period for solar in Yonkers is 6.8 years, based on a $150/month electric bill and local sun hours of 4 hrs/day.
Does Con Edison offer net metering?
Con Edison offers Full Retail net metering. Full retail rate.