Solar Panel Cost Guide in Allenstown, NH (2025 Update)
- Allenstown Solar Installation Cost: $14,710
- 25-Year Savings: $14,550
- Payback Period: 14.9 Years
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Average Cost of Solar Panels in Allenstown
See how much it might cost to make the switch to solar in Allenstown.
In Allenstown, solar panels cost about 4 per watt on average.The average solar panel system size in Allenstown is around 5.0 kilowatts, meaning a cost of about $14,710 for a solar installation, or $21,035 before the 0 federal solar tax credit is applied.
Keep in mind that the numbers above are only averages. The price you’ll end up paying for solar may look quite different based on your household energy consumption, the type of solar panels you choose, your solar contractor and more.Many homeowners find adopting solar power is a sound investment. The average homeowner in Allenstown can save around $19,000 on their power bills over 20 years.
To calculate your potential savings and connect with a local solar company, click the button below.
Solar savings over time in Allenstown
| Year | Return on Investment |
|---|---|
| 1 years | $-13,303 |
| 3 years | $-10,489 |
| 5 years | $-7,676 |
| 7 years | $-4,862 |
| 9 years | $-2,048 |
| 11 years | $765 |
| 13 years | $3,579 |
| 15 years | $6,392 |
| 17 years | $9,206 |
| 19 years | $12,020 |
| 21 years | $14,833 |
| 23 years | $17,647 |
| 25 years | $20,461 |
Top Solar Installers in Allenstown
Do-it-yourself solar panel installation is a possibility, but it's an undertaking that can take a lot of hard work. Going with an installer can make your switch to solar power much easier. Since solar panels are exposed to the elements every day, warranties and repairs from your solar company can help you get the most out of your investment in solar panels by reducing potential costs down the line.
If you're on the hunt for a solar installer in Allenstown, we've put together a list of our top suggestions here:
See all of the solar companies in Allenstown
Factors that Affect Solar Panel Costs in Allenstown
There are many criteria that can play into your total installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that does the installation.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of installing solar panels is the size of the solar system, which is measured in kilowatts (kW). The more power your household uses, the larger your system will likely need to be. You can expect to pay around $4,220 per kilowatt in Allenstown.The solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you opt for the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. On the other hand, higher efficiency could save you more in the long run on your energy bills. Additionally, extra products, like solar batteries, can bring your total well above the Allenstown average.
Solar Financing Terms
Solar panels can save you money on utility bills over many years, but they can also be a big investment. That’s why many Allenstown homeowners decide to finance their solar panel systems to offset upfront costs.When considering your overall cost, you should also calculate the interest you’ll pay if you choose to go with a solar loan. Also, paying a higher down payment can reduce the total interest paid over time.
Solar Panel Installation Company
The solar company you hire to handle your switch to renewable energy can have an effect on your total costs. There are about 3 solar installation companies operating throughout Allenstown, and each can charge different amounts for labor and equipment.Additionally, some companies in Allenstown have more knowledge about local solar incentives and can help you learn about additional rebates or tax exemptions. However, they may charge more for that service. Even if they cost more upfront, they could end up saving you more money in the long run.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $4.39 | $18,433 | $11,320 | 15.5 years |
| 8 kW | $4.30 | $24,105 | $15,565 | 15.2 years |
| 10 kW | $4.22 | $29,540 | $20,048 | 14.9 years |
| 12 kW | $4.14 | $34,739 | $24,766 | 14.6 years |
| 14 kW | $4.05 | $39,702 | $29,721 | 14.3 years |
| 16 kW | $3.97 | $44,428 | $34,912 | 14.0 years |
| 18 kW | $3.88 | $48,918 | $40,340 | 13.7 years |
| 20 kW | $3.80 | $53,172 | $46,003 | 13.4 years |
How to Save on Solar Panels
The solar company you choose will impact not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are a few important things you should consider, including:
- Warranty: If you’re concerned about the endurance of your solar system, checking if your installer offers a 25-year, all-inclusive warranty can give you some peace of mind.
- Installation Process: Get detailed information from your solar company about the installation process and what to expect, such as when the site survey will be done and what the project timeline is.
- Reputation: Your solar installer should have a solid reputation as a company and have verifiable expertise in the field. Two ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has positive reviews from previous customers.
- Contract: Although reading through a contract can take a lot of time, it’s important to do it fully so you can be sure you understand what services your solar company will provide and the terms of the warranty.
EcoWatch's Allenstown, NH Solar Cost FAQs
What is the average cost of installing solar panels in Allenstown?
The average cost of solar panels in Allenstown is about $21,100 for a 5-kW system and $42,200 for a 10-kW system before the ITC, but the actual cost will depend on stuff like the kind of solar panels you want, what size system you need and how much energy you consume.
Is it better to lease or buy solar panels in Allenstown?
Leasing solar panels can be an appealing choice, as it commonly comes with low or $0 upfront payments. The drawback is that you won’t be able to save as much. If you lease, you don’t own the system, so you can’t claim any tax rebates and credits and your home value won’t increase. Buying solar panels is a better way to go if you want to get the most savings.
Does Allenstown have a net metering program?
Most states have net metering programs of some kind. Through these, you can receive compensation for the extra power your system produces or or receive credits to put toward future utility bills. Currently there are just three states that don’t have any net metering laws: Alabama, Tennessee and South Dakota.
How long do solar panels last in Allenstown?
Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is how much energy they produce will have decreased significantly after that point. You can replace them once you've had them for that long or you can keep using them at a lower efficiency.
Our goal is to reach as many people as we can with sensible solutions like solar energy. Our team of full-time local researchers collects solar price and installation data for every city in America then compiles it to create these digestible city guides. If you want to read our solar expert's opinion on the top solar companies featured here, follow this link.