Solar Panel Cost Guide in Barrington, NH (Mar 2023)
- Barrington Solar Installation Cost: $10,002
- 25-Year Savings: $16,198
- Payback Period: 9.5 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Barrington
Find out how much it might cost to switch to solar power in Barrington.
While the national average of solar panels is $2.66 per watt, solar panels in Barrington generally cost about 2.91. Because a 4.9-kW system is needed to cover the energy needs of a typical home in Barrington, the average price of going solar will be about $10,002 after claiming the federal solar tax credit of 30%.
Keep in mind that the figures above are only estimates based on the average Barrington homeowner. The cost of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor. With average savings of about $20,000 on utility bills over 20 years, many homeowners in Barrington find investing in solar has a decent ROI.
To calculate your potential ROI and connect with a local solar company, click the button below.
Solar savings over time in Barrington
Year | Return on Investment |
---|---|
1 years | $-8,954 |
3 years | $-6,858 |
5 years | $-4,762 |
7 years | $-2,666 |
9 years | $-570 |
11 years | $1,526 |
13 years | $3,622 |
15 years | $5,718 |
17 years | $7,814 |
19 years | $9,910 |
21 years | $12,006 |
23 years | $14,102 |
25 years | $16,198 |
Top Solar Installers in Barrington
DIY solar panel installation is a choice some homeowners opt for, but it's an undertaking that can be a headache. Using a solar company can make swapping over to solar power much easier. Local solar installation companies can also help you optimize your return on investment by walking you through any local incentives and by offering warranties and repairs.
You can get a free quote from a local solar installer on how much solar panels could cost for your home. Here are some in Barrington:
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 Barrington
Factors that Affect Solar Panel Costs in Barrington
For many Barrington homeowners, the decision to install a solar energy system depends on cost. However, the range of solar installation costs can be quite wide in Barrington, with typical prices between $20,000 to $40,000. There are various factors that considerably influence the price you'll pay, which we'll go over below.
Solar Equipment
When it comes to estimating the price of solar panels in Barrington, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are primarily based on your home's energy usage, which you can determine by looking at past power bills. Your overall cost can increase by around $2,910 for each additional kilowatt you need. The kind of solar panels and equipment you choose is another factor that will considerably impact costs. Solar panels that are more efficient, like monocrystalline panels, tend to be more costly. Further, solar equipment consists of more than just the solar panels themselves. You'll also need to think 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 looking for a solar system that's in your budget.
Solar Financing Terms
Many homeowners find the average cost of solar in Barrington to be prohibitively expensive, even if the investment pays off over time. Thankfully, almost every solar installer in the area provides financing options. Solar loans drastically decrease upfront costs in most cases, but they also lead to paying more over time due to interest. It's a good idea to add the interest you'll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and how long it'll take to pay off the loan.
Solar Panel Installation Company
The solar installation company you choose will impact your total cost to adopt solar energy. Different companies will charge different amounts for the equipment and labor. You may come across national solar installers that have lower prices due to 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 | $19,297 | 9.9 years |
8 kW | $2.97 | $16,622 | $26,056 | 9.7 years |
10 kW | $2.91 | $20,370 | $32,977 | 9.5 years |
12 kW | $2.85 | $23,955 | $40,061 | 9.4 years |
14 kW | $2.79 | $27,377 | $47,308 | 9.2 years |
16 kW | $2.74 | $30,636 | $54,718 | 9.0 years |
18 kW | $2.68 | $33,733 | $62,292 | 8.8 years |
20 kW | $2.62 | $36,666 | $70,028 | 8.6 years |
How to Save on Solar Panels
The solar company you choose will influence not only your total costs, but also the types of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are a few important things you should consider, such as:
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for clean energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a solid reputation and is qualified to do the job well. Another way you can verify your installer's reputation is by reading reviews.
- Solar Panel Brands: Homeowners will have different preferences for panels based on their locations and energy needs. Even though there are many options for which model of solar panel you can get, not every company will have access to the exact one you may want or need, so make sure you take a look at their list of offerings before deciding.
- Contract: It's important to read through your solar installer's contract fully to understand what services they will provide, what the warranty covers and what expectations you should have about the project timeline.
- Warranty: A comprehensive, 25-year warranty can help keep your solar panel system running for years to come and save you money on repairs and maintenance.
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 Barrington, NH Solar Cost FAQs
How much does it cost to install solar panels in Barrington?
The average cost of solar panels in Barrington 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 things such as the type of solar panels you want, what size system you need and how much energy you use.
Should I lease or buy solar panels in Barrington?
Leasing solar panels can be an attractive choice, as it typically 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 incentives and your home value won't increase. Buying solar panels is a better way to go if you want to maximize your savings.
Does Barrington have a net metering program?
Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just offer you credit toward your future energy bills.
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 stop working completely at that time. What this means is their energy production will have decreased significantly after that point. You can opt to replace them once you've had them for that long or you can continue to use 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.