We may be compensated if you purchase through links on our website. Our Reviews Team is committed to delivering honest, objective, and independent reviews on home products and services. More

Best 5 Solar Companies in Troy, NY

Get matched with a top local pro
Join the 10,601 people who have received a free, no-obligation quote in the last 30 days
  1. Home
  2. Find Local Pros
  3. Solar Near Me
  4. New York
  5. Troy
  6. Troy Solar
Written By Max Peterson | Last Updated: February 05, 2024

With Troy's clear skies and little rainfall, it's an excellent area for families and businesses seeking to harness the additional sunlight. Local homeowners might consider solar to break free of high power costs from sources like natural gas. A skilled team can help you set up and optimize a system that fulfills your energy needs without being too expensive. Discover Troy's top-rated solar companies and learn crucial decision-making advice on this page.

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 Troy Solar Companies

AEC Solar Logo

AEC Solar

4.5/5
Based on 35 customer reviews.

Services Offered

Residential Panels Consultation Battery Storage Commercial Panels Tesla Powerwall

Highlights

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

Kasselman Solar

4.4/5
Based on 142 customer reviews.

Services Offered

Commercial Panels Financing Assistance Battery Storage Residential Panels

Highlights

  • Free quotes
  • Informative resources
  • Reliable customer support
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

Residential Panels Battery Storage Solar Carports Consultation Maintenance Commercial Panels

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

4.6/5
Based on 73 customer reviews.

Services Offered

Consultation Battery Storage Maintenance Financing Assistance Residential Panels

Highlights

  • Prompt service delivery
  • Free quotes
  • Informative resources
New England Solar Green, 65 North St, 65 North St, MA 413-458-4966 nesolarandgreen.com

More Local Solar Companies

SunCommon

User Reviews: 4.5/5 

1155 Flatbush Rd
Kingston, NY 12401

Northeast Solar

User Reviews: 4.7/5 

136 Elm St
Hatfield, MA 01038

Solar Generation

User Reviews: 4.3/5 

929 NY-28
Kingston, NY 12401

PV Squared Solar (Pioneer Valley Photovoltaics)

User Reviews: 4.3/5 

311 Wells St
Greenfield, MA 01301

Insight Solar

User Reviews: 4.6/5 

59C North St
Hatfield, MA 01038

Valley Solar

User Reviews: 4.6/5 

116 Pleasant St Suite 321
Easthampton, MA 01027

Beyond Green Construction

User Reviews: 4.4/5 

13 Terrace View
Easthampton, MA 01027

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 focuses on the following criteria to assess the best Troy solar companies.

Get Your Solar Project Quote Today

Get matched with a top local pro

Please enter a valid 5-digit zip code!

Facts about Troy
Average Max Temp: 54°F
Solar Payback Period: 12.9 years
Average Daily Sunlight: 50%
Homes Powered by Solar: 299
Average Annual Energy Bill: $892
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 has multiple advantages that will enhance your home for years to come.

  • Better energy independence: Adding a battery storage system lets you have dependable energy during storms and grid outages.
  • Reduced carbon footprint: Utilizing solar is a surefire way to decrease your carbon footprint and home fossil fuel dependency.
  • Smaller power bills: Generating some or all of your own power will save you money on your electric bills long-term.

What Solar Incentives Are Available to Troy Homeowners?

New York homeowners who go solar could qualify for reimbursements, tax credits, special financing and rebates. Here are just a few of the area's incentive offerings.

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 Troy

The price and efficiency of solar panels often rely on which company mounted them. Consider all of these aspects in your contractor search.

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 requirements and regulations. Check for private accreditations from the North American Board of Certified Energy Practitioners (NABCEP), one of the solar sector's most respected trade groups. Its program includes certifications for both solar photovoltaic and water heating installers.

Cost of Solar Panels in Troy

Different solar panel types look and perform differently. Monocrystalline panels offer the best energy production but cost more than other options. Polycrystalline panels produce less power, but start at a more budget-friendly price point. Thin-film panels work well for small projects like RVs and sheds, but they're not ideal for larger installations due to their low performance.

If you'd like to charge an electric vehicle (EV) or use your solar power in dark weather, you can pay extra for add-ons. By selecting the right components, you can make your system more efficient and convenient to use. Not all solar contractors include these additional features, so look for a company that installs them if it's crucial for you.

Most Troy homeowners select solar systems rated for five kilowatts (kW) of electrical capacity. These systems cost about $18,250 to install, considering both materials and labor. You can see more specific cost information in the table.

Solar Panel Cost Average Cost
Solar Monocrystalline $1,130
Solar Polycrystalline $881
Thin-Film $515
Solar Battery $723
Solar Home EV Charger $2,711

Financing Solar Energy in Troy

Choosing the optimal financing solution will influence your overall solar system cost and expected savings. Common payment options include leases, loans, cash payments, and power purchase agreements. We recommend paying with cash or using a solar loan for the best return on investment (ROI). Cash payments require a hefty sum up-front, but you’ll pay the least long-term by avoiding interest. You’ll also have full ownership of your system and can apply for solar incentives to reduce your total costs. Solar loans are another good option if you don’t want to make a big initial investment. You can pay for your system in installments while still enjoying energy bill savings and solar incentives. However, you’ll spend more in total due to accruing interest. Solar leases allow you to pay a monthly rate to rent your panels, while a power purchase agreement lets you pay a variable rate based on only the energy you use. We generally advise against these options since you won't own your system and are disqualified from solar incentives, but they might be suitable in particular circumstances. We recommend working with a company that offers multiple financing options. Ask each representative about what's available, and obtain more than one estimate for the best odds of staying within your spending limits.

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

You can claim a 26% federal tax credit from the IRS for new residential solar systems purchased before 2032. Additionally, utilities and local governments may have their own financing plans and rebates that could reduce your total cost even more.

Solar System Capacity Estimated Payback period
1 kW 2.6 years
2 kW 5.1 years
5 kW 12.9 years
10 kW 25.7 years

Ready to Get a Quote on Your Solar Project?

Get matched with a top local pro

Please enter a valid 5-digit zip code!

Frequently Asked Questions About Solar in Troy

How much money could I save by going solar in Troy?

On average, Troy homeowners pay around $892 per year for energy. Once you pay off your solar array, you could save $698.14 per kilowatt you produce.

Is solar energy widely available in Troy?

Yes, solar energy is on the rise in Troy. Some homes already use solar power on-site or through utility grids, and they're fortified by a state solar economy with 10740 jobs and counting.

Should I expect a boost in my property value after installing solar panels?

Yes, solar energy systems will raise 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.

What is a Troy solar panel's average lifespan?

Modern solar systems are designed for durability. The average unit is good for 25 years of service. Cheaper panels tend to last shorter than higher-quality models.

Is installing solar panels a fast job?

Your solar job's duration will depend on its size and complexity, as well as Troy's permit and inspection procedures. It could take a couple of weeks to a couple of months on average.

How do I care for my new solar system?

To preserve your solar system's performance, inspections and cleanings every six months are usually adequate. In dusty or dry seasons, your panels might need cleanings every few months. Your contractor can recommend a maintenance schedule. Its team could also do the cleaning for you.

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 obtain a bill credit or check for any surplus electricity you produce and send to the grid. Generally, power companies reimburse solar homeowners at a wholesale or "avoided-cost" rate.

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

Yes, we advise asking for free solar quotes from at least three companies. You should review each quote and compare labor fees, financing options, warranty details, equipment costs and prework scope and costs. Ensure each quote offers an itemized financial plan and includes your anticipated payback period.

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

Sources