Solar in Binghamton, NY
With NYSEG's electricity at about 24.6¢ per kWh and 1,162 kWh of sun per kW, solar is worth it for a typical Binghamton home today: about a 8.8-year payback.
- Payback, typical home
- 8.8 yrsNew York: 6.8 yrs
- 25-year net
- $54,279after paying $19,290
- Sun
- 1,162kWh per kW per year
- Electricity
- 24.6¢37% above U.S. average
A typical Binghamton home, by the numbers
| Utility | NYSEG |
|---|---|
| Electricity use | 747 kWh a month |
| Best-value system | 7.7 kW, about 18 panels, 8,948 kWh a year (100% of use) |
| Cost | $24,290, or $19,290 after state incentives |
| First-year savings | $2,089 |
| Payback | 8.8 years |
| Exported power | Full retail net metering (NYSEG) |
Cash purchase, no federal credit, 3.6% yearly rate increases. Run it with your own numbers.
Homes in Binghamton
- Owner-occupied homes
- 44%
- Single-family detached
- 39%
- Median home value
- $125k
- Median year built
- 1945
- Population
- 47,151
- Solar installs, last 3 years*
- 37
- Roofs suitable for solar†
- 79%
Census ACS 2020–2024. *Installations in public records for this area's ZIP codes. †Share of 11,187 buildings Google Project Sunroof rated technically suitable (2019 snapshot).
Older housing stock. Many homes here were built before 1975. Have the roof and electrical panel checked before signing; a roof or panel upgrade can add thousands. Roof first?
Installers working in Binghamton
Companies with the most installations in Binghamton's ZIP codes over the last 3 years, from public records. We don't take payment for placement.
- My Solar 10 installs
- Plugpv 9 installs
- Wiltshire Renewable Energy Systems 7 installs
- Renovus Energy 5 installs
- Alternative Power Solutions Ny 1 installs
- Halcyon 1 installs
- Next Generation Solar 1 installs
- Bashing Panels 1 installs
- Infinity Solar Systems 1 installs
- Nys Essential Power 1 installs
Always verify the license and get at least three quotes. Compare quotes side by side.
Questions about solar in Binghamton
Is solar worth it in Binghamton, NY?
For a typical home in Binghamton, solar is worth it at 2026 prices: a 7.7 kW system costs about $19,290 after state incentives, saves about $2,089 in year one and pays back in about 8.8 years. Enter your address for an estimate based on your roof and bill.
How much solar power does a system produce in Binghamton?
About 1,162 kWh per year for each kW of panels on a south-facing roof, based on PVWatts and local weather. That's 13% less than the New York average. East- or west-facing roofs produce roughly 10–20% less.
Who is the electric utility in Binghamton?
Most homes in Binghamton are served by NYSEG, at about 24.6¢ per kWh on average.
How much do solar panels cost in Binghamton?
A fair cash price is around $3.20 per watt before incentives, so about $24,290 for a 7.7 kW system. There's no federal tax credit for homeowners who buy in 2026.
Nearby
- Ithaca 9 yrs
- Elmira 8.7 yrs
- Syracuse 9.8 yrs
- Auburn 8.8 yrs
- Utica 10.1 yrs
- Rome 9.9 yrs
- Middletown 6.9 yrs
- Kiryas Joel 7.1 yrs
- All of New York
Data: PVWatts (National Laboratory of the Rockies), EIA-861 2025 adjusted to 2026, U.S. Census ACS, LBNL Tracking the Sun, state policy research as of October 2026.