Solar Panel Cost Guide in Charlestown, NH (2024 Update)
- Charlestown Solar Installation Cost: $14,925
- 25-Year Savings: $16,508
- Payback Period: 13.9 Years
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Updated February 03, 2024
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Average Cost of Solar Panels in Charlestown
Find out how much it might cost to make the switch to solar in Charlestown.
Although the national average of solar panels is $2.66 per watt, solar panels in Charlestown typically cost around 4.The average solar panel system size in Charlestown is around 5.1 kilowatts, meaning a cost of about $14,925 for a solar installation, or $21,343 before the 0 federal solar tax credit is applied.
Keep in mind that the figures above are only estimates based on the average Charlestown homeowner. The cost of a solar system for your home may be different depending on factors unique to your situation, like your household energy use and solar contractor.Many homeowners find going solar is a fruitful investment. The average homeowner in Charlestown can save around $20,000 on their energy bills over 20 years.
To receive a free quote from a pre-vetted solar company in Charlestown, you can click the button below.
Solar savings over time in Charlestown
Year | Return on Investment |
---|---|
1 years | $-13,518 |
3 years | $-10,704 |
5 years | $-7,891 |
7 years | $-5,077 |
9 years | $-2,263 |
11 years | $550 |
13 years | $3,364 |
15 years | $6,178 |
17 years | $8,991 |
19 years | $11,805 |
21 years | $14,619 |
23 years | $17,432 |
25 years | $20,246 |
Top Solar Installers in Charlestown
Many homeowners opt for a solar panel company since trying to put up solar panels yourself can be a labor-intensive endeavor. A solar installer can also help save you money over time by offering warranties, repairs and part replacements.
You can get a free quote from a local solar installer on how much your investment in solar could cost for your home. Here are some nearby:
Best National Provider
SunPower
- 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
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
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 Charlestown
Factors that Affect Solar Panel Costs in Charlestown
There are a number of criteria that can influence your installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that installs your solar panels.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that determines the overall cost of going solar. For that reason, it’s crucial to accurately gauge the size of the solar energy system needed for your home by figuring out your energy needs.The brand and type of equipment you want for your solar system can raise or lower the price quite significantly. If you prefer a brand name like Tesla or SunPower, these often come at a higher price than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have limited roof space or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to more savings over time. Plus, if you want extra equipment like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
Many homeowners find the average cost of solar in Charlestown to be prohibitively steep, even if the investment pays off over time. Fortunately, nearly every solar company in the area provides access to financing options. Solar loans substantially decrease upfront costs for most homeowners, but they also lead to a higher cost over time because of interest.When figuring out your overall cost, you should also calculate the interest you’ll pay if you opt for a solar loan. Also, paying a higher down payment can lower the total interest paid over time.
Solar Panel Installation Company
The last significant cost factor you should keep in mind is the installer you choose. Given the growing popularity of clean energy solutions in Charlestown, you’ll have lots of options to choose from, but each comes at varying price points for labor and equipment.Additionally, some companies in Charlestown are more knowledgeable about local solar incentives and can help you learn about additional rebates or tax exemptions. Though, they may charge more for walking you through the whole process. Even if they cost more upfront, they could end up saving you more money in the long run.
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 | $13,393 | 14.5 years |
8 kW | $4.30 | $24,105 | $18,330 | 14.2 years |
10 kW | $4.22 | $29,540 | $23,504 | 13.9 years |
12 kW | $4.14 | $34,739 | $28,913 | 13.6 years |
14 kW | $4.05 | $39,702 | $34,560 | 13.4 years |
16 kW | $3.97 | $44,428 | $40,442 | 13.1 years |
18 kW | $3.88 | $48,918 | $46,561 | 12.8 years |
20 kW | $3.80 | $53,172 | $52,916 | 12.5 years |
How to Save on Solar Panels
Since the brand of solar panels and the company you choose has an impact on your costs and your system’s durability and efficiency, it’s important to select the right ones for you. Here are some things to keep in mind to help with your decision:
- Solar Panel Brands: The model of solar panel you want plays a role in which company you should choose, since different companies have access to different panels.
- Warranty: A comprehensive, 25-year warranty can help keep your solar system running for a long time and save you money on part replacement and repairs.
- Reputation: Your solar installer should have a good reputation as a company and have proven expertise in the field. Two ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has good reviews from past customers.
- Installation Process: Get details from your solar company about the installation process and what to expect, such as when the site survey will be done and what the project timeline is.
Best National Provider
SunPower
- 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
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
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 Charlestown, NH Solar Cost FAQs
How much does it cost to install solar panels in Charlestown?
This is a tough question to answer precisely, because the cost depends on many factors. Generally speaking, it costs about $21,100 for a 5-kW system and $42,200 for a 10-kW system after the ITC is applied. It will cost more if you want additional solar equipment or higher quality panels, or if you have above-average energy needs. On the other hand, you can spend less if you go with a smaller solar panel system or less expensive solar panels.
Is it better to lease or buy solar panels in Charlestown?
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 don’t have access to many solar incentives. Also your property 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 solar panels significantly reduce my electricity bills?
It is possible to erase your electricity bills with solar panels, but for most homeowners throughout Charlestown, that will require at least a 10-kW system. Not all homes can accommodate that size system, so you’ll want to check with a local solar installer to see how many panels can fit on your roof.
How long do solar panels last in Charlestown?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a larger amount of energy production.
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.