Solar Savings Calculator for Yonkers, NY

Homeowners in Yonkers pay an average of $195/month for electricity through Con Edison. With 4 peak sun hours per day, solar panels can significantly reduce your energy costs.

$195
Avg Monthly Bill
25.5¢/kWh
Electricity Rate
4h/day
Peak Sun Hours
$72,853
Est. 25-Year Savings

Calculate Your Savings in Yonkers

Adjust Your Details for Yonkers, NY

$
$50$1,000
50010,000
5¢50¢

Your Estimated Solar Savings

System Size
6.4 kW
Panel Count
16 panels
Total System Cost
$19,200
Federal Tax Credit (30%)
-$5,760
State Tax Credit (25%)
-$4,800
Net Cost
$8,640
Annual Savings
$2,340
Payback Period
3.7 years
25-Year Savings
$72,853
Return on Investment
843%

* Estimates based on 4 peak sun hours/day in Yonkers, NY, system cost of $3/watt, 30% federal ITC, 25% state tax credit, 3% annual electricity inflation, and 0.5% annual panel degradation over 25 years. Actual results may vary.

Local Solar Details for Yonkers

Utility & Permits

Utility Company
Con Edison
Permit Cost
$600
Permit Timeline
4-8 weeks
Net Metering
full

System Estimates

Recommended Size
6.4 kW
Panel Count
16 panels
Gross Cost
$19,200
Net Cost (after credits)
$8,640

Available Incentives for Yonkers, NY

Federal Solar Investment Tax Credit (ITC)

Reduces federal income tax liability by 30% of the total cost of a solar energy system, including equipment and installation.

30% of system cost

New York State Solar Tax Credit

Generous state tax credit that stacks with the federal ITC.

25% of cost, up to $5,000

NY-Sun Megawatt Block Program

Declining block incentive program administered by NYSERDA.

$0.20-0.40/W upfront incentive

New York VDER (Value of DER)

Advanced net metering replacement that values solar exports based on multiple factors.

Value stack based on time, location, and grid benefit

Other Cities in New York

New York CityBuffaloRochesterSyracuseAlbany

More Solar Tools for Yonkers

Yonkers Solar IncentivesAll available tax credits and rebatesYonkers Cost ComparisonSolar vs. grid costs over 25 yearsYonkers System SizingHow many panels your home needsYonkers Permits & RegulationsLocal permit requirementsIs Solar Worth It in Yonkers?Data-driven analysis for your cityYonkers Financing OptionsCompare loans, leases, and PPAs

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