Solar Panel Cost Guide in Atkinson, NH (2023 Update)
- Atkinson Solar Installation Cost: $9,818
- 25-Year Savings: $13,898
- Payback Period: 10.3 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Updated May 04, 2023
Why you can trust EcoWatch
Average Cost of Solar Panels in Atkinson
Let's have a look at the average cost of solar in Atkinson.
In Atkinson, solar panels cost about 2.91 per watt on average. Because a 4.8-kW system is needed to cover the energy needs of a typical home in Atkinson, the average price of going solar will be about $9,818 after claiming the federal solar tax credit of 30%.
Keep in mind that the numbers above are only averages. The price you'll end up paying for solar will differ based on your household energy consumption, the type of solar panels you want to get, your solar contractor and more. For many homeowners, the upfront cost of solar power is worth paying. On average you could be looking at about $19,000 in savings on energy bills over 20 years.
Click the button below to get connected to a reputable solar company in Atkinson for a custom quote.
Solar savings over time in Atkinson
| Year | Return on Investment |
|---|---|
| 1 years | $-8,870 |
| 3 years | $-6,972 |
| 5 years | $-5,075 |
| 7 years | $-3,178 |
| 9 years | $-1,280 |
| 11 years | $617 |
| 13 years | $2,514 |
| 15 years | $4,412 |
| 17 years | $6,309 |
| 19 years | $8,206 |
| 21 years | $10,104 |
| 23 years | $12,001 |
| 25 years | $13,898 |
Top Solar Installers in Atkinson
Do-it-yourself solar panel installation is a possibility, but it's an undertaking that can take a lot of hard work. Hiring a solar panel installer can make converting to solar power much easier. Companies can also offer access to a large variety of the best solar panels and help you pick which one will be right for your family.
There are several licensed solar professionals that can help you install your solar panels. Here are our suggestions:
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
See all of the solar companies in Atkinson
Factors that Affect Solar Panel Costs in Atkinson
Even though the average cost of a solar system in Atkinson is $9,818, your actual cost may be higher or lower than that. There are many factors that can have a major impact on the cost of a solar system installation. Below are some of the more important things to consider.
Solar Equipment
When it comes to estimating the price of solar panels in Atkinson, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are mainly based on your home's energy consumption, which you can gauge by looking at past electricity bills. Your total cost can increase by about $2,910 for each additional kilowatt you need. The brand of solar panels and equipment you want is another factor that will largely affect costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to be more expensive. Further, solar equipment goes beyond just the solar panels themselves. You'll also need to make decisions about the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when researching a solar system that falls within your budget.
Solar Financing Terms
If paying for solar panels in cash is difficult, solar loans are a popular route because they lower your upfront costs and allow you to pay for your system over a term of, on average, between five and seven years. However, the interest on solar loans also adds to your total costs, so it's important to keep that in mind as well. You can always reduce the total you pay in interest and possibly even your APR by putting more money down.
Solar Panel Installation Company
The remaining major cost factor you should consider is the installer you choose. Given the booming popularity of sustainable energy solutions in Atkinson, you'll have many options to choose from, but each comes at various price points for labor and equipment. You may see national solar installers that have lower prices because of their larger brand name and access to bulk pricing, or you might see small, local installation companies offering deals or promotions to compete with those major players.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $3.03 | $12,711 | $16,816 | 10.8 years |
| 8 kW | $2.97 | $16,622 | $22,747 | 10.6 years |
| 10 kW | $2.91 | $20,370 | $28,841 | 10.3 years |
| 12 kW | $2.85 | $23,955 | $35,099 | 10.1 years |
| 14 kW | $2.79 | $27,377 | $41,519 | 9.9 years |
| 16 kW | $2.74 | $30,636 | $48,102 | 9.7 years |
| 18 kW | $2.68 | $33,733 | $54,848 | 9.5 years |
| 20 kW | $2.62 | $36,666 | $61,757 | 9.3 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel brands and price points. To help you select the right company for you, here are some tips to keep in mind:
- Contract: Though reading through a contract can take a lot of time, it's important to do it carefully so you can be sure you understand what services your solar company will provide and how part repairs and replacements will be handled.
- Warranty: Each company may offer different kinds of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- Solar Panel Brands: The model of solar panel you need plays a role in which installer you should opt for, since different companies offer different panels.
- Reputation: Solar panel companies that have great reviews from their customers and that have been in business for many years in most cases provide good-quality solar panel installation and expertise.
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
EcoWatch's Atkinson, NH Solar Cost FAQs
What is the average cost of installing solar panels in Atkinson?
The average cost of solar panels in Atkinson is about $14,550 for a 5-kW system and $29,100 for a 10-kW system before the ITC, but the real cost will depend on stuff such as the type of solar panels you want, what size system you need and how much energy you consume.
Should I lease or buy solar panels in Atkinson?
Leasing solar panels can be an option if you can't pay upfront or secure a solar loan, but since you don't own the system, you can't take advantage of many solar incentives. Also your home value won't increase, so you'll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most financial benefits from going solar.
Is it worth going solar in Atkinson?
Solar panels can be a great investment for lots of homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your power bills are already reasonably low, solar panels might not be for you.
What solar power system size is right for my home?
To figure out what solar panel system size you need, you need to know how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can typically produce about 250 to 400 watt-hours per hour, the average home will need 20 to 35 panels.
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.
Company research was conducted by Melissa Smith and Karsten Neumeister. Local data analysis was conducted by James Savino. See something we missed or could do better? Email the editor.