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Solar analysis: Binghamton, NY

Don't let the 4.43 sun hours fool you. Binghamton's solar potential, combined with local incentives, creates a strong investment case. Your area receives an average of 4.43 peak sun hours per day.

Solar Authority Score™
64 Moderate
📍

Solar Coverage Map: Binghamton, NY

6 nearby locations
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Projected Yearly Savings

$896 /yr
High ROI Expected
Investment Grade: A+

Verified Solar Potential

Production
6,052 kWh per year (Est.)

Payback Period

9.5 Years

Time until system pays for itself

25-Year Lifetime Savings

$13,920

Estimated net profit after system costs

Fed. Tax Credit (30%)

$3,631
Money back in pocket

Available Incentives & Rebates

Residents of Binghamton may qualify for 5 active programs.

Federal Programs (Apply to Everyone)

Warning: 2026 Cliff
Inflation Reduction Act (Sec. 48E)
Benefit Value Pass-through Savings

If you lease your system (PPA), the solar company claims this credit and passes savings to you. Valid through 2032.

Warning: 2026 Cliff
Federal Residential Clean Energy Credit (ITC)
Benefit Value 30% (Expiring 2025)

30% Tax Credit for systems installed by Dec 31, 2025. CRITICAL: For 2026, this credit is set to expire for homeowner-owned systems unless extended. Leases (Third-Party) still qualify under Sec. 48E.

NY State Incentives

VDER Stack
Net Metering / VDER

Value of Distributed Energy Resources (VDER) stack value credits.

Upfront Rebate
NY-Sun (Megawatt Block)

Upfront rebate based on system size ($/Watt). Varies by region.

$5,000 Credit
Solar Energy System Equipment Credit

25% state tax credit, capped at $5,000.

Efficiency

Code: 13903
GOOD Score

4.43 Peak Sun Hours / day

Live Solar Forecast

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Production Efficiency --%

Fetching satellite data for Binghamton...

Peak Sun Hours Comparison

Good
Bar chart comparing Binghamton's 4.43 peak sun hours to the national average of 4.5 hours Binghamton National Avg State Avg 4.43 hrs 4.50 hrs 4.45 hrs 0h 2h 4h 6h

Binghamton's solar resource is 2% below the national average, but modern high-efficiency panels can still deliver strong returns.

Solar Physics Simulator

Sun path trajectory for Binghamton

25.3° Max Elevation
Sun path diagram showing summer vs winter trajectory in Binghamton East South West Summer (June) 25.3° Altitude Winter (Dec) -5.5° Altitude

In Binghamton, the sun is 30.8° lower in the sky during winter.
💡 Tip: Panels positioned at a 37.8° tilt will capture maximum energy year-round.

Why Solar in Binghamton?

Homeowners in Binghamton are positioned to benefit from 4.43 peak sun hours of daily sunlight. This translates to approximately $896 in annual electricity savings. State incentives are tapering. Lock in maximum savings now. Property tax exemption for solar systems

True Cost Calculator

Average System Cost $12,105
🇺🇸 Federal Tax Credit (30%)
- $3,631
🏛️ NY Rebate
- $1,000
Your Net Cost
$7,473
Financial Showdown

If you had $25k... Stock Market vs. Solar

Comparing a 20-year investment in the S&P 500 versus purchasing a solar system in Binghamton.

S&P 500 (Historical 7%) $60,981 Net Profit
Taxable
Solar Energy System $22,569 Tax-Free Gain
Winner 👑
Savings: $24,069 + Property Value: $16,000

Solar Outperforms by -63%

Unlike stock market gains which are taxed at ~15-20%, the money you save on electricity is 100% tax-free. Plus, solar increases your home's resale value immediately.

With only 6 installers in Binghamton, choose carefully. Verify NABCEP certification and check recent local references.