Solar Panel Cost Guide in Auburn, NH (2024 Update)
- Auburn Solar Installation Cost: $14,236
- 25-Year Savings: $16,983
- Payback Period: 13.3 Years
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Average Cost of Solar Panels in Auburn
Find out what the average cost of solar panel installation is in Auburn.
Although the national average of solar panels is $2.66 per watt, solar panels in Auburn generally cost about 4.The average Auburn homeowner needs a 4.8-kilowatt system, which would cost about $14,236 with the federal tax credit, or $20,357 before the 0 tax credit is applied.
These figures are only averages, and the cost of going solar for you will most likely vary based on your energy needs and what company you choose to go with.With typical savings of about $21,000 on power bills over 20 years, many homeowners in Auburn find installing solar panels can be quite rewarding.
To receive a free quote from a highly rated solar company in Auburn, you can click the button below.
Solar savings over time in Auburn
| Year | Return on Investment |
|---|---|
| 1 years | $-12,829 |
| 3 years | $-10,016 |
| 5 years | $-7,202 |
| 7 years | $-4,388 |
| 9 years | $-1,575 |
| 11 years | $1,239 |
| 13 years | $4,053 |
| 15 years | $6,866 |
| 17 years | $9,680 |
| 19 years | $12,493 |
| 21 years | $15,307 |
| 23 years | $18,121 |
| 25 years | $20,934 |
Top Solar Installers in Auburn
Although you can install solar panels on your own, it takes extra energy and know-how. For that reason, most people choose a solar panel installer. Another upside of utilizing a solar installer is that they can help you optimize your return of investment by cutting back on future costs of repairs and replacements because of warranties and informing you of local incentives you can take advantage of.
Working with a professional solar company can help your solar project go smoothly. Here are our recommendations:
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
See all of the solar companies in Auburn
Factors that Affect Solar Panel Costs in Auburn
Even though the average cost of a solar system in Auburn is $14,236, your final cost may differ. 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 keep in mind.
Solar Equipment
The size of the solar energy system you need for your household, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, you can expect your total to increase by about $4,220. Some solar panel brands — like Maxeon from SunPower — are more costly upfront but also tend to offer better efficiency. In a city like Auburn, where sunlight is relatively abundant, efficiency can quickly pay off. In addition, if you have a small roof or you don’t have a lot of space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Most solar installers in Auburn have solar loans, which reduce your upfront costs of installing a solar system.However, the interest on solar loans also increases your overall costs, so it’s crucial to consider that as well. You can always lower the total you pay in interest and possibly even your APR by making a larger down payment.
Solar Panel Installation Company
Finally, the company you get to install your solar panels can influence your pricing. Auburn’s solar companies all have different labor costs and add varying upcharges to equipment. You may notice national solar installers that have lower prices due to their bigger brand name and access to bulk equipment prices, or you might see small, local installation companies offering deals or promotions to compete with those larger companies.
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 | $14,933 | 13.8 years |
| 8 kW | $4.30 | $24,105 | $20,383 | 13.5 years |
| 10 kW | $4.22 | $29,540 | $26,070 | 13.3 years |
| 12 kW | $4.14 | $34,739 | $31,993 | 13.0 years |
| 14 kW | $4.05 | $39,702 | $38,152 | 12.7 years |
| 16 kW | $3.97 | $44,428 | $44,547 | 12.5 years |
| 18 kW | $3.88 | $48,918 | $51,179 | 12.2 years |
| 20 kW | $3.80 | $53,172 | $58,047 | 12.0 years |
How to Save on Solar Panels
There are numerous companies to choose from in Auburn, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be challenging, so here are some tips to help you decide:
- Installation Process: Homeowners should make sure they know how exactly the installation process will be carried out, as well as important factors like the project timeline.
- Warranty: A quality company stands out from other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Reputation: Well-established companies likely have a good reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide quality aftercare and customer service, such as part repairs and replacements.
- Contract: Though reading through a contract can be tedious, it’s important to do it thoroughly so you can make sure you understand what services your solar company will provide and the terms of the warranty.
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
EcoWatch's Auburn, NH Solar Cost FAQs
What is the average cost of installing solar panels in Auburn?
The average cost of solar panels in Auburn is about $21,100 for a 5-kW system and $42,200 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 use.
Are solar panels free in Auburn?
You can’t get solar panels for free in Auburn. However, you may still be able to install them on a lower budget. You can lease solar panels for a low upfront cost or, if you’d prefer to own your solar panels, you can finance them with a solar loan.
Is going solar worth it?
Whether or not solar panels are worth it depends on a variety of factors like the cost of electricity near you and how much direct sunlight your roof gets.
How often do you have to replace solar panels?
Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can decide to replace them after having 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.
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.