Solar Panel Cost Guide in Epping, NH (Mar 2023)
- Epping Solar Installation Cost: $9,818
- 25-Year Savings: $16,382
- Payback Period: 9.4 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Epping
We go over average solar pricing in Epping.
The national average cost of solar panels is $2.66 per watt, but in Epping it's 2.91 per watt. Using this figure, a typical 4.8-kW system would cost about $9,818 before the 30% federal solar tax credit is applied.
Keep in mind that the numbers above are only averages. The price you'll pay for solar will differ based on your household energy use, the type of solar system you want to get, your solar contractor and more. With typical savings of about $21,000 on utility bills over 20 years, many homeowners in Epping find going solar has a decent ROI.
Click the button below to get connected to a top solar company in Epping for a personalized quote.
Solar savings over time in Epping
Year | Return on Investment |
---|---|
1 years | $-8,770 |
3 years | $-6,674 |
5 years | $-4,578 |
7 years | $-2,482 |
9 years | $-386 |
11 years | $1,710 |
13 years | $3,806 |
15 years | $5,902 |
17 years | $7,998 |
19 years | $10,094 |
21 years | $12,190 |
23 years | $14,286 |
25 years | $16,382 |
Top Solar Installers in Epping
Do-it-yourself solar panel installation is a way to cut costs, but it's an undertaking that can take a lot of hard work. Using an installer can make your swap to solar power much easier. Some solar installers, particularly local ones, can help you make the most of incentives in Epping, thereby optimizing your ROI.
If you're looking for a solar installer in Epping, we've organized a list of our top suggestions here:
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 Epping
Factors that Affect Solar Panel Costs in Epping
There are several factors that can affect your total 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
One of the most significant factors to consider when it comes to the cost of adopting solar energy is the size of the solar system, which is measured in kilowatts (kW). The more energy your household uses, the larger your system will likely need to be. You can expect to pay around $2,910 per kilowatt in Epping. The type of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you choose the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. However, higher efficiency could save you more over time on your power bills. In addition, extra products, like solar batteries, can bump up your total well above the Epping average.
Solar Financing Terms
Most solar installers in Epping have solar loans, which reduce the initial cost of installing solar. It's wise to include the interest you'll pay in your final cost estimate. If you can afford to pay a higher down payment, you can reduce your total costs and how long it'll take to pay back the loan.
Solar Panel Installation Company
The solar installation company you choose will impact your total cost to make the switch to solar . Different companies will charge different amounts for the equipment and labor. Some companies only sell high-efficiency and high-priced products — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come with an above-average cost. It's best to do some research and decide on the company that has the products, warranties and services you want and also is within your budget.
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 | $19,908 | 9.7 years |
8 kW | $2.97 | $16,622 | $26,870 | 9.6 years |
10 kW | $2.91 | $20,370 | $33,995 | 9.4 years |
12 kW | $2.85 | $23,955 | $41,283 | 9.2 years |
14 kW | $2.79 | $27,377 | $48,734 | 9.0 years |
16 kW | $2.74 | $30,636 | $56,348 | 8.8 years |
18 kW | $2.68 | $33,733 | $64,124 | 8.6 years |
20 kW | $2.62 | $36,666 | $72,064 | 8.4 years |
How to Save on Solar Panels
Since the type 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 tips to keep in mind to help with your decision:
- Warranty: Companies typically offer different types of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
- 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 get the job done well. Another way you can verify your installer's reputation is by reading reviews.
- Contract: Even though reading through a contract can take a lot of time, it's important to do it carefully so you can be sure you understand how much the equipment and services will cost and how part repairs and replacements will be handled.
- Solar Panel Brands: Each solar panel brand and type has varying levels of quality, longevity and energy efficiency. They will come at different costs as well. The company you choose affects which solar panel brands you have access to.
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 Epping, NH Solar Cost FAQs
How much does it cost to install solar panels in Epping?
This is a difficult question to answer precisely, because the cost depends on many factors. Generally speaking, it costs about $14,550 for a 5-kW system and $29,100 for a 10-kW system after the ITC is applied. It will cost more if you want other solar equipment or higher quality panels, or if you have above-average energy needs. On the flip side, you can spend less if you opt for a smaller solar panel system or cheaper solar panels.
What other factors should I consider aside from cost when buying solar panels?
The upfront cost is a very important factor to consider, but whether it's the most important for you depends on your goals for going solar. In places where rooftop space is limited, efficiency can trump the cost. Other factors that are important to take into account are the quality and durability of your solar panels.
Do solar panels increase how much your home is worth?
Solar panels can increase the value of your home significantly as long as you buy or finance your panels and don't choose a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% with a solar installation."
How long do solar panels last in Epping?
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 choose to replace them once you've had them for that long or you can keep using 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.