Solar Panel Cost Guide in Bedford, NH (2023 Update)

  • Bedford Solar Installation Cost: $10,083
  • 25-Year Savings: $14,917
  • Payback Period: 10.1 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated May 04, 2023

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We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in Bedford

Let's take a look at the average cost of solar panels in Bedford.

Although the national average of solar panels is $2.66 per watt, solar panels in Bedford typically cost about 2.91. Because a 5.0-kW system is needed to cover the energy usage of a typical home in Bedford, the average price of going solar will be about $10,083 after claiming the federal solar tax credit of 30%.

Keep in mind that the figures above are only estimates based on the average energy use of Bedford homeowners. The cost of a solar system for your home may look different depending on factors unique to your situation, like your household energy use and solar contractor. Despite the high upfront cost, the average Bedford homeowner can save about $19,000 on their power bills over 20 years, which is one of the perks of solar.

Click the button below to get connected to a reputable solar installer in your area for a customized quote.

Solar savings over time in Bedford

Year Return on Investment
1 years $-9,083
3 years $-7,083
5 years $-5,083
7 years $-3,083
9 years $-1,083
11 years $917
13 years $2,917
15 years $4,917
17 years $6,917
19 years $8,917
21 years $10,917
23 years $12,917
25 years $14,917

Top Solar Installers in Bedford

When making the switch to solar, many homeowners decide to use a solar installer since handling can be a difficult project. A solar installer can also help save you money over time by providing warranties, repairs and system component replacements.

There are various licensed solar professionals that can take care of your solar installation project. Here are our suggestions:

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best for Leasing

Sunrun

★★★★★
4.0

  • Expansive service area
  • Many financing options
  • Some reported issues with customer service
  • Some reported issues with door-to-door sales

Best Technology

Tesla Energy

★★★★★
3.2

  • 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 Bedford

Factors that Affect Solar Panel Costs in Bedford

For many Bedford homeowners, the decision to install solar panels rests on cost. However, the range of solar installation costs can be quite wide in Bedford, with typical prices between $20,000 to $40,000. There are a number of factors that considerably influence the price you'll pay, which we'll go over below.

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 electricity your household uses, the larger your system will likely need to be. You can expect to pay around $2,910 per kilowatt in Bedford. Some solar panel brands — like Maxeon from SunPower — are more costly upfront but also tend to offer better efficiency. In a city like Bedford, where sunlight isn't as abundant, efficiency can quickly pay off. Also, 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 companies in Bedford provide solar loans, which reduce your upfront costs of installing a solar system. When figuring out your overall cost, you should also calculate the interest you'll pay if you go with a solar loan. Also, paying more upfront can reduce the total interest paid over time.

Solar Panel Installation Company

The solar installer you hire to handle your switch to clean energy can have an effect on your total costs. There are about 3 solar panel companies operating in Bedford, and each can charge different amounts for labor and equipment. The size of the company can sometimes play the most considerable role in the installation costs. Larger national companies, like SunPro and Sunrun, often have lower pricing because of more resources and better pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or promotion can bring their pricing lower to compete with bigger names.

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 $17,583 10.5 years
8 kW $2.97 $16,622 $23,770 10.3 years
10 kW $2.91 $20,370 $30,120 10.1 years
12 kW $2.85 $23,955 $36,632 9.9 years
14 kW $2.79 $27,377 $43,308 9.7 years
16 kW $2.74 $30,636 $50,147 9.5 years
18 kW $2.68 $33,733 $57,148 9.3 years
20 kW $2.62 $36,666 $64,313 9.1 years

How to Save on Solar Panels

There are many companies to choose from in Bedford, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be tough, so here are some tips to help you decide:

  • Contract: It's important to read through your solar installer's contract carefully to understand what services they will provide, what the warranty covers and what you can expect about the installation process.
  • Installation Process: Make sure you're aligned with the company in regard to how the installation process will go and what you need to do before your solar panel system is installed, such as repairing your electrical system or roof.
  • Solar Panel Brands: The type of solar panel you want plays a role in which company you should opt for, since different companies have access to different panels.
  • Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for sustainable energy professionals. If your solar panel installer is NABCEP-certified, it likely has a good reputation and is qualified to get the job done well. Another way you can look into your installer's reputation is by reading reviews.

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best for Leasing

Sunrun

★★★★★
4.0

  • Expansive service area
  • Many financing options
  • Some reported issues with customer service
  • Some reported issues with door-to-door sales

Best Technology

Tesla Energy

★★★★★
3.2

  • 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 Bedford, NH Solar Cost FAQs

What is the average cost of installing solar panels in Bedford?

The average cost of solar panels in Bedford 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 things like the kind of solar panels you want, what size system you need and how much energy you consume.

Should I lease or buy solar panels in Bedford?

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 savings from going solar.

Can you sell solar power back to the grid in Bedford?

The majority of states have net metering programs of some kind. Through these, you can be compensated for the extra power your system produces or or receive credits to put toward future energy bills. Currently there are just three states that don't have any net metering laws: Alabama, Tennessee and South Dakota.

How often do you have to replace solar panels?

Although 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 the amount of 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 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.

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