Solar Panel Cost Guide in Auburn, NH (Mar 2023)
- Auburn Solar Installation Cost: $9,818
- 25-Year Savings: $16,982
- Payback Period: 9.2 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Auburn
We go over average solar pricing in Auburn.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Auburn, the typical cost of a solar system is 2.91 per watt. The average solar panel system size in Auburn is around 4.8 kilowatts, meaning a cost of about $9,818 for a solar installation, or $14,040 before the 30% federal solar tax credit is applied.
Remember 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 choose, your solar contractor and more. With typical savings of about $21,000 on energy bills over 20 years, many homeowners in Auburn find installing solar panels can be quite rewarding.
To calculate your potential savings and connect with a local solar expert, click the button below.
Solar savings over time in Auburn
| Year | Return on Investment |
|---|---|
| 1 years | $-8,746 |
| 3 years | $-6,602 |
| 5 years | $-4,458 |
| 7 years | $-2,314 |
| 9 years | $-170 |
| 11 years | $1,974 |
| 13 years | $4,118 |
| 15 years | $6,262 |
| 17 years | $8,406 |
| 19 years | $10,550 |
| 21 years | $12,694 |
| 23 years | $14,838 |
| 25 years | $16,982 |
Top Solar Installers in Auburn
When switching to solar energy, many homeowners choose to hire a solar company since DIY solar panel installation can be a time-consuming project. A solar company can also help save you money over the lifespan of your system by offering warranties, repairs and part replacements.
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 Auburn
Factors that Affect Solar Panel Costs in Auburn
The cost of installing a solar system in Auburn can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The biggest one is the size of the system you need, and other factors include equipment choices, financing options and the solar installer you choose.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to some different factors. One of the most significant factors is the system size, which is measured in kilowatts (kW). Solar power systems with better efficiency or power generation use better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $2,910. There are several different solar panel brands and the one you choose also affects the cost. In general, the brands that are more efficient tend to also be more expensive. In addition, the type of equipment you choose can affect your total cost. If you only need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
Most solar installers in Auburn provide solar loans, which reduce the initial cost of installing solar. You'll have to consider the long-term cost of financing options, including the total interest you'll pay over the length of the loan. If you're only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or securing a solar loan with a low interest rate could reduce your costs considerably.
Solar Panel Installation Company
Lastly, the company you get to install your solar system can play a part in determining how much you pay. Auburn's solar companies all have different labor costs and add varying upcharges to equipment. You may see national solar installers that have lower prices due to their bigger brand name and access to bulk pricing, or you might see small, local installation companies offering deals or specials 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 | $20,655 | 9.5 years |
| 8 kW | $2.97 | $16,622 | $27,866 | 9.3 years |
| 10 kW | $2.91 | $20,370 | $35,240 | 9.2 years |
| 12 kW | $2.85 | $23,955 | $42,776 | 9.0 years |
| 14 kW | $2.79 | $27,377 | $50,476 | 8.8 years |
| 16 kW | $2.74 | $30,636 | $58,339 | 8.6 years |
| 18 kW | $2.68 | $33,733 | $66,365 | 8.4 years |
| 20 kW | $2.62 | $36,666 | $74,553 | 8.2 years |
How to Save on Solar Panels
Since the kind of solar panels and the company you choose has an impact on your costs and your system's efficiency, production, and durability, it's important to select the right ones for you. Here are some tips to keep in mind to help with your decision:
- Solar Panel Brands: The kind of solar panel you need to get plays a part in which installer you should opt for, since different companies have access to different panels.
- Reputation: Make sure your solar system installer has a good reputation by verifying it has certifications and licenses, checking its work history and reading reviews by previous customers and solar experts like EcoWatch.
- Installation Process: Get details from your solar company about the installation process and what to expect, such as when the site survey will be completed and what the project timeline is.
- Contract: Though reading through a contract can take a lot of time, it's important to do it thoroughly so you can make sure you understand what services your solar company will provide and how part repairs and replacements will be handled.
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 Auburn, NH Solar Cost FAQs
How much does it cost to install solar panels in Auburn?
The average cost of solar panels in Auburn is about $14,550 for a 5-kW system and $29,100 for a 10-kW system before the ITC, but the actual cost will depend on stuff such as the model of solar panels you want, what size system you need and how much energy you consume.
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 it worth going solar in Auburn?
Whether or not solar panels are worth it depends on a variety of factors like local electricity rates and how much direct sunlight your roof gets.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy needs and how much sunlight your roof gets. You can take a look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to get between 20 and 35 panels to account for their typical energy usage.
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.