Solar Panel Cost Guide in Greenland, NH (2025 Update)
- Greenland Solar Installation Cost: $14,236
- 25-Year Savings: $13,900
- Payback Period: 15.0 Years
See cost of a solar system near you:
Please enter a valid 5-digit zip code!
Why you can trust EcoWatch
Average Cost of Solar Panels in Greenland
Find out what the average cost of solar panels are in Greenland.
In Greenland, solar panels cost about 4 per watt on average.The average Greenland homeowner needs a 4.8-kilowatt system, which would cost about $14,236 with the federal tax credit, or $20,357 before the 0 tax credit is applied.
Keep in mind that the numbers above are only averages. The price you’ll pay for solar may look quite different based on your household energy consumption, the type of solar panels you want to get, your solar contractor and more.Many homeowners find going solar is a rewarding investment. The average homeowner in Greenland can save around $19,000 on their electricity bills over 20 years.
To see your potential ROI and connect with a local solar expert, click the button below.
Solar savings over time in Greenland
| Year | Return on Investment |
|---|---|
| 1 years | $-12,829 |
| 3 years | $-10,016 |
| 5 years | $-7,202 |
| 7 years | $-4,388 |
| 9 years | $-1,575 |
| 11 years | $1,239 |
| 13 years | $4,053 |
| 15 years | $6,866 |
| 17 years | $9,680 |
| 19 years | $12,493 |
| 21 years | $15,307 |
| 23 years | $18,121 |
| 25 years | $20,934 |
Top Solar Installers in Greenland
Installing solar panels on your own can be a stressful undertaking, which is why hiring a solar installer is a good option for many homeowners. Solar warranties and repairs are typically included in the cost of installation when you sign a contract with a solar company too, which can save you more money after your upfront investment.
If you're searching for a solar installer in Greenland, we've organized a list of our top suggestions here:
See all of the solar companies in Greenland
Factors that Affect Solar Panel Costs in Greenland
There are many factors that can influence your solar panel installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that does the installation.
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 power your household uses, the larger your system will likely need to be. You can expect to pay around $4,220 per kilowatt in Greenland.The brand and type of equipment you choose for your solar system can increase or decrease the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these are often more expensive 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 will be looking at a higher equipment cost, but this can typically lead to more savings over time. Also, if you want add-ons like an electric vehicle charger or solar batteries, this will also raise the cost.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be difficult. Solar loans are offered by most installers in Greenland, which can bring down, or in some cases eliminate, your upfront costs to make solar more affordable.Although solar loans make going solar more accessible for Greenland homeowners, they can also increase the total you pay for your system, depending on your interest rate. If you put down a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
A final factor to keep in mind when trying to figure out the cost of solar for your home or business in Greenland is the company you get to install your solar system. As with choosing a company to renovate your kitchen, for example, there’s no shortage of solar installers that offer a range of services at different price points.The size of the company sometimes plays the most considerable role in your costs. Larger national companies, like SunPro and Sunrun, often have lower prices because they have access to 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 companies.
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 | $11,094 | 15.6 years |
| 8 kW | $4.30 | $24,105 | $15,265 | 15.3 years |
| 10 kW | $4.22 | $29,540 | $19,671 | 15.0 years |
| 12 kW | $4.14 | $34,739 | $24,315 | 14.7 years |
| 14 kW | $4.05 | $39,702 | $29,194 | 14.4 years |
| 16 kW | $3.97 | $44,428 | $34,310 | 14.1 years |
| 18 kW | $3.88 | $48,918 | $39,662 | 13.8 years |
| 20 kW | $3.80 | $53,172 | $45,251 | 13.5 years |
How to Save on Solar Panels
There are a lot of solar installers to choose from, all of which offer different warranties, solar panel models and price points. To help you find the right company for you, here are some tips to keep in mind:
- Warranty: If you’re worried about the endurance of your solar energy system, ensuring your installer offers a 25-year, all-inclusive warranty can help put you at ease.
- Reputation: Solar system installers that have great reviews from their customers and that have been operating for many years most likely provide good-quality solar panel installation and expertise.
- Contract: It’s important to look over your solar installer’s contract thoroughly to understand what services they will provide, what the warranty covers and what expectations you should have about the cost.
- Installation Process: When going solar, it’s important to maintain an open line of communication with your solar company. Confirm that you understand how the installation process works and the completion timeline.
EcoWatch's Greenland, NH Solar Cost FAQs
What is the average cost of installing solar panels in Greenland?
The average cost of solar panels in Greenland is about $21,100 for a 5-kW system and $42,200 for a 10-kW system before the ITC, but the real cost will depend on stuff such as the model of solar panels you want, what size system you need and how much energy you use.
Is it better to lease or buy solar panels in Greenland?
Leasing solar panels can be an option if you can’t afford to 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 financial benefits from going solar.
Is switching to solar power worth it?
Whether or not solar panels are worth it depends on a variety of factors like how much you pay for electricity and the amount of direct sunlight your roof gets.
How many solar panels should I get to power my home?
To figure out how many solar panels you need, you should find out how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average home 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.