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

  • Chester Solar Installation Cost: $9,817
  • 25-Year Savings: $16,983
  • Payback Period: 9.2 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated September 15, 2023

Why you can trust EcoWatch

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 Chester

Here's how much it might cost to install solar panels in Chester.

While the national average of solar panels is $2.66 per watt, solar panels in Chester generally cost around 2.91. The average Chester homeowner needs a 4.8-kilowatt system, which would cost about $9,818 with the federal tax credit, or $14,040 before the 30% tax credit is applied.

These figures are just averages, and how much solar costs for you will most likely differ based on your energy needs and what company you choose to go with. Many homeowners find going solar is a rewarding investment. The average homeowner in Chester can save around $21,000 on their electricity bills over 20 years.

Click the button below to get connected to a reputable solar company in your area for a personalized estimate.

Solar savings over time in Chester

Year Return on Investment
1 years $-9,728
3 years $-9,549
5 years $-9,370
7 years $-9,192
9 years $-9,013
11 years $-8,834
13 years $-8,656
15 years $-8,477
17 years $-8,298
19 years $-8,120
21 years $-7,941
23 years $-7,762
25 years $-7,584

Top Solar Installers in Chester

Many homeowners choose to use a solar panel installer since trying to install solar panels by yourself can be time-consuming. Local solar installation companies can also help you optimize your return on investment by assisting with any local incentives you can benefit from and by providing warranties and repairs.

If you're on the hunt for a solar installer in Chester, the EcoWatch team has put together a list of our top suggestions here:

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 Chester

Factors that Affect Solar Panel Costs in Chester

Although the average cost of a solar system in Chester is $9,818, your actual cost may be above or below the average. There are several factors that can have a major impact on the cost of a solar panel installation. Below are some of the more important things to take into consideration.

Solar Equipment

The size of the solar panel system you need to offset your energy usage, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, your total will most likely increase by nearly $2,910. The kind of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you opt for the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. However, more efficient panels could save you more in the long run on your power bills. Additionally, extra products, such as solar batteries, can bring your total well above the Chester average.

Solar Financing Terms

Solar panels can save you money on utility bills over time, but they can also be a big investment. That's why many Chester homeowners opt to finance their solar panel systems to make going solar more affordable. When estimating your overall cost, you should also calculate the interest you'll pay if you decide on a solar loan. Also, paying a higher down payment can lower the total interest paid over time.

Solar Panel Installation Company

A final factor to consider when trying to estimate the cost of solar for your home or business in Chester is the company you choose to install your solar system. As with choosing a company to renovate your kitchen, for example, you'll have no shortage of solar installers that offer a range of services at different costs. Larger national companies typically have lower costs, but some local companies undercut them by offering sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or add-on services like electric vehicle charger installation, they might be cheaper overall.

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

There are numerous companies to choose from in Chester, 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:

  • Reputation: Make sure your solar panel installer has a good reputation by confirming it has certifications and licenses, checking how long it's been in business and reading reviews by past customers and solar experts like the EcoWatch team.
  • Contract: When looking through your solar installer's contract, ask questions about any terms you're not sure of and be sure you understand what happens in scenarios like a system part breaking or the company going out of business.
  • Solar Panel Brands: The kind of solar panel you need to install plays a part in which installer you should opt for, since different companies have different panels.
  • Warranty: A comprehensive, 25-year warranty can help keep your solar panels running smoothly and save you money on repairs and maintenance.

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 Chester, NH Solar Cost FAQs

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

This is a hard question to answer precisely, because the cost depends on many factors. Broadly speaking, it costs about $14,550 for a 5-kW system and $29,100 for a 10-kW system after the ITC is applied. You can expect to pay more if you want other solar equipment or higher quality panels, or if you have above-average energy consumption. On the other hand, you can spend less if you go with a smaller solar panel system or cheaper solar panels.

Should I lease or buy solar panels in Chester?

Leasing solar panels can be an appealing choice, because it often 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 tax rebates and credits and your home value won't increase. Buying solar panels is a better way to go if you want to maximize your savings.

Can solar panels completely eradicate my power bills?

It is possible to eradicate your electricity bills with solar panels, but for most homeowners in Chester, 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 many solar panels do I need to power my home?

To figure out what solar panel system size you need, you should find out how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can usually produce about 250 to 400 watt-hours per hour, the average household will need 20 to 35 panels.

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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