Is solar worth it in 12203 (Albany, NY)?

With an average payback period of 10 years and 25-year savings of $38,450, solar panels in Albany, New York are a solid investment.

How much do solar panels cost in 12203?

The average cost of a 6kW residential solar system in Albany, New York is $15,400 before incentives. The federal 30% Investment Tax Credit reduces this to about $10,780.

How much solar electricity does 12203 get?

Albany receives 4.18 kWh/m²/day of solar irradiance. A 6kW system in zip code 12203 produces approximately 7,323 kWh per year.

Solar Panel ROI in 12203

Albany, New York — Is solar worth it here? Here's what the data says.

2.5x ROI Score

10 yrs Payback Period

$1,538/yr Annual Savings

$38,450 25-Year Savings

Your savings estimate

$ /mo bill

Annual savings $1,538

Payback 10 yrs

25-yr savings $38,450

Solar Calculator for 12203 (Albany)

Adjust values to see your personalized solar ROI estimate for Albany, New York.

System Size

System Cost

Electricity Rate

$ /kWh

Solar Irradiance

4.18 kWh/m²/day

Based on NREL data for Albany, NY

ROI Score 2.5x

Annual Production 7,323 kWh

Annual Savings $1,538

Payback Period 10 years

25-Year Savings $38,450

After 30% ITC $10,780

Solar Data for 12203 – Albany, NY

Solar Irradiance 4.18 kWh/m²/day -15.7% vs national avg

vs New York Avg +0% State avg: 4.48 kWh/m²/day

Electricity Rate $0.210/kWh New York average rate

Annual Production 7,323 kWh 6kW system estimate

Albany gets 4.18 kWh/m²/day (15.7% below national avg) and electricity at $0.210/kWh. The 10-year payback represents a solid return — the federal 30% ITC further reduces costs.

Solar Incentives for Albany, New York

★

Federal Investment Tax Credit (ITC)

Claim 30% of your system cost as a federal tax credit. On a $15,400 system, that's $4,620 back.

★

Net Metering

Most New York utilities offer net metering — sell excess electricity back to the grid at retail rates, accelerating your payback.

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New York State Programs

Check with the New York energy office for additional rebates, tax exemptions, and low-interest solar financing programs available in Albany.

12203 vs New York Average

Solar Irradiance

12203: 4.18 NY avg: 4.48

Payback Period

12203: 10 yrs NY avg: 10 yrs

Annual Savings

12203: $1,538 NY avg: $1,541

25-Year Savings

12203: $38,450 NY avg: $38,525

See the full New York solar guide for statewide data and incentives.

Nearby Zip Codes — Solar Comparison

01103 Springfield, MA 3.5x ROI 7.1 yr payback 06106 Hartford, CT 3.2x ROI 7.9 yr payback 06101 Hartford, CT 3.2x ROI 7.9 yr payback 06518 Hamden, CT 3.2x ROI 7.8 yr payback 10954 Nanuet, NY 2.5x ROI 9.8 yr payback