Solar Panels in
Albany, NY

Updated 6/25/2022

How much do solar panels cost in Albany, NY in 2022?

As of July 2022, the average solar panel cost in Albany, NY is $2.78/W. Given a solar panel system size of 5 kilowatts (kW), an average solar installation in Albany, NY ranges in cost from $11,815 to $15,985, with the average gross price for solar in Albany, NY coming in at $13,900. After accounting for the 26% Federal Investment Tax Credit (ITC) and other state and local solar incentives, the net price you'll pay for solar can fall by thousands of dollars.

Importantly, these costs are typical for solar shoppers comparing solar quotes on the EnergySage Marketplace. When you compare quotes for solar panels on EnergySage's competitive solar marketplace, you can expect to see prices up to 20% lower than working with a single solar company.

Average solar panel cost by system size in Albany, NY

System Size System Cost System Cost (after ITC)
3 kW $8,340 $6,172
4 kW $11,120 $8,229
5 kW $13,900 $10,286
6 kW $16,680 $12,343
7 kW $19,460 $14,400
8 kW $22,240 $16,458
9 kW $25,020 $18,515
10 kW $27,800 $20,572

2022 average solar panel cost graph in Albany, NY

for a 5kW system

Great Price
$11,815 or less
Market Average
$13,900
Above Market
$15,985 or more

Solar installation costs do not include the 26% Federal Investment Tax Credit or local incentives. Learn more about local NY incentives, tax credits & rebates.

Payback Period

10.44 Years

20-Year Savings

$15,043

Cost per Watt

$2.78

Top solar installers in Albany, NY

If you are looking for solar companies in NY, here are some popular suggestions:

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