Cost & Savings Breakdown
Based on $150/month electric bill in Buffalo
System Size
5.5 kW
Annual Production
6,239 kWh
Gross System Cost
$19,724
Federal Tax Credit (30%)
-$5,917
State Incentive
-$5,000
Net Cost
$8,807
Monthly Savings
$122
CO₂ Offset/yr
5,740 lbs
25-Year Savings Projection
Utility & Net Metering
Local UtilityNational Fuel Gas
Net Metering PolicyFull Retail
Compensation RateFull retail rate
Capacity LimitNo overall limit
Electricity Rate$0.234/kWh
Peak Sun Hours3.9 hrs/day
Available Incentives
30%
Federal ITC — Deduct 30% of your system cost from federal taxes. Available through 2032.
$5,000
New York State Incentive — New York offers a 25% state tax credit up to $5,000.
Common Questions
How much does solar cost in Buffalo?
Solar in Buffalo, New York costs approximately $19,724 for a 5.5 kW system. After the 30% federal tax credit, your net cost is about $8,807.
What is the solar payback period in Buffalo?
The estimated payback period for solar in Buffalo is 6 years, based on a $150/month electric bill and local sun hours of 3.9 hrs/day.
Does National Fuel Gas offer net metering?
National Fuel Gas offers Full Retail net metering. Full retail rate.