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Best 5 Solar Companies in Colonie, NY

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Written By Max Peterson|Last Updated: February 05, 2024

With Colonie's clear skies and below-average rainfall, it's an excellent area for families and businesses seeking to harness the extra sunlight. Local homeowners might choose solar to break free of high power costs from sources like natural gas. A knowledgeable team can help you install and adjust a system that fits your energy needs without being too expensive. In this guide, we'll show you Colonie's best solar providers and offer advice for your company choice, so you can find the right one for your residence.

Best High-Efficiency System
4.8
  • Builds custom, high-efficiency solar systems suited to each home
  • Extensive coverage area throughout the country
  • Offers energy storage and EV charger add-ons
Best Solar Panel Leasing
4.4
  • Provides system monitoring
  • Offers diverse financing options for various budgets
  • Provides EV and solar battery solutions
Best Solar Panel Installation
4.4
  • Offers 7 panel brand options
  • 25-year workmanship warranty
  • Offers battery options

Top Colonie Solar Companies

AEC Solar Logo

AEC Solar

4.5/5
Based on 51 customer reviews.

Services Offered

Panel InstallationTesla PowerwallSolar CarportsConsultationBattery Storage

Highlights

  • Free quotes
  • Clear pricing policy
  • Informative resources
210 Washington Ave Ext, Albany, NY 518-213-8786 aecsun.com
Kasselman Solar Logo

Kasselman Solar

4.4/5
Based on 174 customer reviews.

Services Offered

Financing AssistanceBattery StoragePanel InstallationGrid-Tied Solar System

Highlights

  • Reliable customer support
  • Informative resources
  • Free quotes
279 Broadway Building 2, Menands, NY 518-478-8365 kasselmansolar.com
High Peaks Solar Logo

High Peaks Solar

4.3/5
Based on 17 customer reviews.

Services Offered

Cleaning And MaintenanceSolar CarportsBattery StorageConsultationPanel Installation

Highlights

  • Clear pricing policy
  • Free quotes
180 Main Ave, Wynantskill, NY 518-209-6727 highpeakssolar.com
New England Solar + Green Logo

New England Solar + Green

4.7/5
Based on 81 customer reviews.

Services Offered

Financing AssistanceBattery StoragePanel InstallationCleaning And MaintenanceConsultation

Highlights

  • Clear pricing policy
  • Prompt service delivery
  • Reliable customer support
65 North St, Williamstown, MA 413-458-4966 nesolarandgreen.com

More Local Solar Companies

SunCommon

User Reviews: 4.5/5 

1155 Flatbush Rd
Kingston, NY 12401

Solar Generation

User Reviews: 4.5/5 

929 NY-28
Kingston, NY 12401

PV Squared Solar (Pioneer Valley Photovoltaics)

User Reviews: 4.5/5 

311 Wells St
Greenfield, MA 01301

To share feedback or ask a question about this article, send a note to our Reviews Team at reviewsteam@thisoldhousereviews.com.

Ranking Methodology

Our team has carefully researched dozens of solar providers near Colonie, emphasizing the following criteria:

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Facts about Colonie
Average Max Temp:54°F
Solar Payback Period:12.9 years
Average Daily Sunlight:51%
Homes Powered by Solar:504
Average Annual Energy Bill:$901
Solar Power per Capita Percentile:48.0%

Expert Tips By

This Old House empowers homeowners with the knowledge and tools they need to tackle various projects and navigate the complexities of homeownership.

Benefits of Solar Energy

Solar energy offers multiple advantages that will enhance your home for years to come.

  • Smaller power bills: Producing some or all of your own power will spend less on electricity long-term.
  • Better energy independence: Photovoltaic systems with battery storage operate through blackouts and emergencies, and you won't have to rely on your power company for your safety and well-being.
  • Reduced carbon footprint: Utilizing solar is a surefire way to minimize your carbon footprint and home fossil fuel dependency.

What Solar Incentives Are Available to Colonie Homeowners?

Governments and power companies often reward homeowners for adopting solar. Here are some of the rebates, tax credits or other programs you could qualify for.

Incentive Type: PACE Financing

Website: nyserda.ny.gov

Incentive Amount:

Locally determined

Incentive Type: Personal Tax Credit

Website: tax.ny.gov

Incentive Amount:

25% for solar-electric (PV) and solar-thermal systems; for third-party owned systems this is in reference to the aggregate amount owed under the contract rather than the amount owed in any single year

Incentive Type: Corporate Tax Credit

Incentive Amount:

$0.01/gallon for each percent of biodiesel

Incentive Type: Loan Program

Website: ny-sun.ny.gov

Incentive Amount:

Residential Customers: $1,500 - $25,000

Small Business and Not-for-Profit Organizations:
Participation Loans: up to $100,000 (at low interest rate)
On-Bill Recovery loans: $50,000 at 2%

Incentive Type: Sales Tax Incentive

Incentive Amount:

100% exemption

Incentive Type: Sales Tax Incentive

Incentive Amount:

Upon local authorization, 100% exemption from local sales tax

Incentive Type: Sales Tax Incentive

Website: tax.ny.gov

Incentive Amount:

100% exemption from state sales tax

Incentive Type: Property Tax Incentive

Website: tax.ny.gov

Incentive Amount:

Upon local adoption, 20% - 100% of real property taxes owed; varies by year and certification level

Incentive Type: Property Tax Incentive

Website: tax.ny.gov

Incentive Amount:

100% of the value added to the residence by the improvements

Incentive Type: Property Tax Incentive

Website: tax.ny.gov

Incentive Amount:

100% exemption for 15 years (unless local jurisdiction has opted out)

Incentive Type: Rebate Program

Website: ny-sun.ny.gov

Incentive Amount:

Incentive rates step down over time as MW goals are met. Incentive rates as of 11/27/2019 are:

Residential:
Long Island Region: $0.00/W (MW blocks have been fully subscribed)
Con Edison Region: $0.30/W
Upstate Region: $0.35/W
Low-to-Moderate income customers: $0.80/W (up to 10 kW)

Small Commercial (Non-Residential):Long Island Region: $0.00/W (MW blocks have been fully subscribed)
Con Edison Region: $0.60/W
Up State Region: $0.45/W

Multifamily Affordable Housing Adder: additional $0.40/W (up to 50 kW)

Incentive Type: Rebate Program

Website: nyserda.ny.gov

Incentive Amount:

Small Systems (≤ 10 cooling tons): $1,500/cooling ton
Large Systems (> 10 cooling tons): $1,200/cooling ton

Incentive Type: Loan Program

Website: nyserda.ny.gov

Incentive Type: Other Incentive

Website: greenbank.ny.gov

Incentive Type: Personal Tax Credit

Website: tax.ny.gov

Incentive Amount:

$0.01/gallon for each percent of biodiesel

Incentive Type: Rebate Program

Website: nyserda.ny.gov

Incentive Amount:

Tier I: 10,000 kWh of expected annual energy production: $3.50/annual kWh
Tier II: 10,000 kWh - 125,000 kWh of expected annual energy production: $1.00/annual kWh
Tier III: 125,000 kWh - 1,000,000 kWh of expected annual energy production: $0.30/ annual kWh
Tier IV: Greater than 1,000,000 kWh of expected annual energy production: $0.15/ annual kWh
These incentives are additive.

Incentive Type: Performance-Based Incentive

Website: nyserda.ny.gov

Incentive Amount:

  • Capacity Incentive: Varies on the construction and design of the system
  • Performance Incentive: $0.025/kWh production payment for new systems for up to 10 years (estimated using a capacity factor of 75%)
  • Interconnection Incentive: up to 75% of the costs exceeding $5,000
  • Project Enhancement Incentives: Available for Black Start Capability, Hydrogen Sulfide reduction, design for accepting food waste and others

Incentive Type: Personal Tax Credit

Website: ecowatch.com

Incentive Amount:

30% federal tax credit for systems placed in service after 12/31/2021 and before 01/01/2033. Good for: solar water heat, solar photovoltaics, biomass, geothermal heat pumps, wind (small), fuel cells using renewable fuels.

How To Choose the Best Solar Company in Colonie

Choosing a company is the first step toward a well-oiled and cost-efficient solar system. Here are some essential aspects to keep in mind while shopping for a solar installer.

Licensing and Training

New York regulators do not issue licenses to contractors, so you should check with your county or city government for its specific regulations and requirements. Check a company's website for private accreditations from the North American Board of Certified Energy Practitioners (NABCEP), one of the solar industry's most respected trade groups. Its program includes certifications for both solar photovoltaic and water heating installers.

Cost of Solar Panels in Colonie

The style of solar panels you choose dictates how much electricity you can generate. Monocrystalline panels cost more but give you the best performance. Polycrystalline panels work with a tried-and-true mechanism and cost less, but produce less power. Thin-film panels aren't the best for large residential installations, but they are excellent accessories for non-traditional roofs.

Additional system add-ons, such as electric vehicle (EV) chargers and battery storage, will add to your overall costs. However, they might make your solar system more efficient and convenient to use. Not every solar provider offers these extras, so look for a provider that sells them if it's a priority for you.

Generally speaking, it costs about $18,250 for a five-kilowatt solar array in Colonie. This table lists more specific pricing information for different solar panel types and system components in your area.

Solar Panel CostAverage Cost
Solar Monocrystalline$1,188
Solar Polycrystalline$927
Thin-Film$542
Solar Battery$760
Solar Home EV Charger$2,852

Financing Solar Energy in Colonie

Choosing the correct financing solution will affect your overall solar system cost and potential savings. Common payment options include leases, power purchase agreements, cash payments, and loans. Most solar experts recommend a cash payment or using a solar loan. Cash payments require a large up-front sum, but they save you from paying interest, grant you system ownership, and qualify you for cost-saving incentives. Solar loans have the same benefits, though you'll pay more in total due to interest and fees. Much like a home or auto loan, you'll pay a set monthly rate with potentially $0 down. Solar leases allow you to rent your panels for a set monthly rate, while PPAs let you pay just for the energy you use, akin to an electric bill. Both options disqualify you for solar incentives and don't grant you system ownership. Solar experts generally don't recommend them, but they might be suitable in some cases. We advise working with a contractor that offers multiple financing options. Talk to each representative about what's available, and acquire more than one estimate for the best odds of keeping within your financial plan.

The table below lists the average payback periods for different capacities of solar systems in Colonie.

The IRS allows you to claim a 26% federal tax credit on total system costs, so long as you purchase it before 2032. Municipal authorities and utilities might also offer their own rebates, incentives, and financing programs that could save you more money.

Solar System CapacityEstimated Payback period
1 kW2.6 years
2 kW5.1 years
5 kW12.9 years
10 kW25.7 years

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Frequently Asked Questions About Solar in Colonie

How much energy and money could I save per year by switching to solar?

On average, Colonie homeowners pay approximately $901 per year for energy. Once you pay off your solar array, you could save $721.49 for every kilowatt you produce.

Is solar energy easily accessible in Colonie?

Yes, solar energy is readily available in Colonie. A growing number of area homes generate or access solar power on-site or through utility grids, and New York has about 10740 jobs comprising its solar economy.

Should I anticipate a property value increase after switching to solar energy?

Yes, a solar PV system will boost your property value. According to the National Renewable Energy Laboratory, for every dollar you save on energy bills, your home value increases by $20. So, if your panels save you $600 per year on energy costs, your property could appreciate $12,000.

Could I still use solar power if I live in a wooded, rainy, or dark area?

Even if your property has high tree cover, you could still benefit from solar energy. Your technician will enhance your system's performance by selecting the proper site for panels, cleaning them regularly, installing a battery backup system, and positioning them to capture the most sunlight throughout the year. This way, you can keep solar energy longer and utilize it as necessary.

What can I do to estimate my home's solar potential?

To determine your home's solar readiness, there's no substitute for a comprehensive estimate from a local solar installer. However, you can use the PVWatts tool for a simple solar viability prediction based on public data, including panel efficiency, tree cover, local weather and topography, and system size.

How long does it take to pay back a solar loan in Colonie?

The average payback period for a solar loan in Colonie is 17.7 years. By paying off extra principal each month, you can shorten the payback period and own your system faster.

What is "net metering," and how does it work?

Most states and utilities run net metering programs, and some mandate homeowners to join. Once you sign up, you can receive a bill credit or check for any surplus electricity you generate and send to the grid. Generally, power companies compensate solar homeowners at an "avoided-cost" or wholesale rate.

How many estimates should I get before making a final solar company decision?

Yes, we advise asking for free solar quotes from three to five companies. You should thoroughly read each quote and compare equipment costs, financing options, prework scope and costs, warranty details and labor fees. Ensure each quote provides an itemized financial plan and includes your expected payback period.

To share feedback or ask a question about this article, send a note to our Reviews Team at reviewsteam@thisoldhousereviews.com.

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