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Solar Panel ROI in Tompkins County, NY

Is going solar worth it in Tompkins County? Here are the numbers.

Avg System Cost

$10,572

After Tax Credit (30%)

$7,400

Est. Payback Period

1.3 yrs

25-Year ROI

1773%

Solar Economics in Tompkins County

Investment Breakdown

System Cost (est.)$10,572
Federal Tax Credit (30%)-$3,172

Net Cost$7,400

Annual Savings

Est. Annual Energy Savings$5,544
Median Home Value$264,300

Median Household Income$69,995

About Tompkins County, New York

Tompkins County in New York has a median household income of $69,995 and median home value of $264,300. With an estimated payback period of 1.3 years, solar is a strong investment for homeowners in this area.

These estimates use county-level medians and national averages for solar irradiance. Your actual ROI depends on roof orientation, shading, local utility rates, and available state/local incentives beyond the federal 30% ITC.

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Other Counties in New York

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: EIA, NREL, DSIRE. Solar cost estimates based on county-level home values and national averages. This is not financial advice.