Solar Savings Calculator for Albany, NY

Homeowners in Albany pay an average of $175/month for electricity through National Grid. With 3.7 peak sun hours per day, solar panels can significantly reduce your energy costs.

$175
Avg Monthly Bill
23¢/kWh
Electricity Rate
3.7h/day
Peak Sun Hours
$63,955
Est. 25-Year Savings

Calculate Your Savings in Albany

Adjust Your Details for Albany, NY

$
$50$1,000
50010,000
5¢50¢

Your Estimated Solar Savings

System Size
6.8 kW
Panel Count
17 panels
Total System Cost
$20,400
Federal Tax Credit (30%)
-$6,120
State Tax Credit (25%)
-$5,100
Net Cost
$9,180
Annual Savings
$2,100
Payback Period
4.4 years
25-Year Savings
$63,955
Return on Investment
697%

* Estimates based on 3.7 peak sun hours/day in Albany, 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 Albany

Utility & Permits

Utility Company
National Grid
Permit Cost
$400
Permit Timeline
3-5 weeks
Net Metering
full

System Estimates

Recommended Size
6.8 kW
Panel Count
17 panels
Gross Cost
$20,400
Net Cost (after credits)
$9,180

Available Incentives for Albany, 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 CityBuffaloRochesterSyracuseYonkers

More Solar Tools for Albany

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

Ready to Go Solar in Albany, NY?

Solar InstallationGet a Free QuoteMeet Melia

Ready to Go Solar in Albany?

Get a free personalized quote for your Albany home. We handle permits, installation, and utility interconnection.

Get Your Free Quote