Solar Panels in
Saratoga Springs, NY

Updated 6/8/2019

How much do solar panels cost in Saratoga Springs, NY in 2020?

As of February 2020, the average solar panel cost in Saratoga Springs, NY is $2.80/W. Given a solar panel system size of 5 kilowatts (kW), an average solar installation in Saratoga Springs, NY ranges in cost from $11,900 to $16,100, with the average gross price for solar in Saratoga Springs, NY coming in at $14,000. 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.

Average solar panel cost by system size in Saratoga Springs, NY

System Size System Cost System Cost (after ITC)
3 kW $8,400 $6,216
4 kW $11,200 $8,288
5 kW $14,000 $10,360
6 kW $16,800 $12,432
7 kW $19,600 $14,504
8 kW $22,400 $16,576
9 kW $25,200 $18,648
10 kW $28,000 $20,720

2020 average solar panel cost graph in Saratoga Springs, NY

for a 5kW system

Great Price
$11,900 or less
Market Average
$14,000
Above Market
$16,100 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

9.17 Years

20-Year Savings

$20,980

Cost per Watt

$2.80

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True Cost of Solar Guide™ for New York

Download EnergySage’s DIY worksheet to better understand what solar should cost in your state

Don’t get sold on the hype! Find out what solar should actually cost before you talk to your first sales rep. This PDF worksheet will walk you through the simple calculations you can make to determine what size solar PV system you need, and approximately how much it should cost.