Is Solar Worth It in Ithaca, NY? (2026 Analysis)
Detailed solar ROI analysis for Ithaca, New York. With 3.5 peak sun hours and electricity at $0.18/kWh, here is what you can expect from going solar.
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20-Year Solar Savings Projection for Ithaca
This projection is based on a 7 kW system with 3.5 peak sun hours and $0.18/kWh electricity rate.
| Period | Cumulative Savings | Net Position | Status |
|---|---|---|---|
| Year 1 | $1,610 | $-5,590 | Paying off |
| Year 2 | $3,220 | $-3,980 | Paying off |
| Year 3 | $4,830 | $-2,370 | Paying off |
| Year 4 | $6,440 | $-760 | Paying off |
| Year 5 | $8,050 | $850 | Profitable |
| Year 7 | $11,270 | $4,070 | Profitable |
| Year 9 | $14,490 | $7,290 | Profitable |
| Year 11 | $17,710 | $10,510 | Profitable |
| Year 16 | $25,760 | $18,560 | Profitable |
| Year 20 | $32,200 | $25,000 | Profitable |
Estimates assume stable electricity rates. Actual savings may increase as rates rise.
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$0 down options available. Own your system and claim the 30% federal tax credit. Save up to $1,610/year.
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Solar Investment Breakdown for Ithaca
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Local Solar Incentives in Ithaca
Local Programs: Federal ITC plus applicable state and local incentives
Electricity Trend: Rates in Ithaca are currently stable. Solar locks in your energy costs and provides a hedge against future rate increases.
State Incentives: New York offers a 25% state tax credit, net metering (transitioning). See all New York incentives.
Financing Options for Ithaca Homeowners
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Best Solar Providers in Ithaca
| Provider | Type | Highlight | Rating | Action |
|---|---|---|---|---|
| EnergySage | Marketplace | Compare Ithaca installers | 4.8/5 | Get Quotes |
| Sunrun | Installer | $0 down solar in NY | 4.5/5 | View Plans |
| SunPower | Premium | Highest efficiency panels | 4.6/5 | Get Quote |
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Frequently Asked Questions
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