New York gets more sun (3.6 hrs/day) while New York has the faster payback (6.5 years).New York offers higher 20-year savings at $48,200.
New York
3.6 hrs
6.5yr payback
$48,200
20yr savings
New York
3.6 hrs
6.5yr payback
$48,200
20yr savings
| Metric | New York | New York |
|---|---|---|
| Peak Sun Hours | 3.6 hrs | 3.6 hrs |
| Cost per Watt | $3.40 | $3.40 |
| 6kW System Cost | $20,400 | $20,400 |
| Federal Tax Credit | 30% | 30% |
| State Tax Credit | 25% | 25% |
| State Rebate | $5,000 | $5,000 |
| Net Metering | Full Net Metering | Full Net Metering |
| Electricity Rate | 24.33¢/kWh | 24.33¢/kWh |
| Payback Period | 6.5 years | 6.5 years |
| 20-Year Savings | $48,200 | $48,200 |
New York is the better state for solar ROI with $48,200 in 20-year savings and a 6.5-year payback period. New York has more sun exposure at 3.6 hrs/day, making it ideal for maximum energy production. Both states qualify for the 30% federal solar tax credit.
New York gets more sun (3.6 peak hours/day vs 3.6). New York has a faster payback (6.5 years) and New York offers higher 20-year savings ($48,200).
A 6kW system costs $20,400 in New York vs $20,400 in New York before incentives. Both qualify for the 30% federal tax credit.
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Data verified · Source: NREL, DSIRE, EIA