Solar Panel Cost Guide in Hampton, NH (2024 Update)
- Hampton Solar Installation Cost: $14,236
- 25-Year Savings: $13,258
- Payback Period: 15.4 Years
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Average Cost of Solar Panels in Hampton
Find out how much it might cost to switch to solar power in Hampton.
In Hampton, solar panels cost about 4 per watt on average.Using this figure, a typical 4.8-kW system would cost about $14,236 before the 0 federal solar tax credit is applied.
How much you pay can go above or below the average in Hampton based on several factors, such as the model of solar panels you choose and the solar company you hire.Many homeowners find installing solar panels is a fruitful investment. The average homeowner in Hampton can save around $18,000 on their electricity bills over 20 years.
To get a free quote from a vetted solar company in Hampton, you can click the button below.
Solar savings over time in Hampton
| Year | Return on Investment |
|---|---|
| 1 years | $-12,853 |
| 3 years | $-10,086 |
| 5 years | $-7,319 |
| 7 years | $-4,552 |
| 9 years | $-1,785 |
| 11 years | $982 |
| 13 years | $3,749 |
| 15 years | $6,516 |
| 17 years | $9,283 |
| 19 years | $12,050 |
| 21 years | $14,817 |
| 23 years | $17,584 |
| 25 years | $20,351 |
Top Solar Installers in Hampton
Although you can install solar panels on your own, it requires extra effort and know-how. Because of that, almost all homeowners choose a solar panel installer. Local solar installers can also help you maximize your return on investment by assisting with any local incentives you can benefit from and by offering warranties and repairs.
Working with a professional solar company can make going solar easier. Here are our recommendations:
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 Hampton
Factors that Affect Solar Panel Costs in Hampton
For many Hampton homeowners, the decision to adopt solar energy depends on cost. However, the range of solar installation costs can be quite wide in Hampton, with typical prices between $20,000 to $40,000. There are a few factors that significantly 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 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 spend around $4,220 per kilowatt in Hampton.The brand of solar panels and equipment you choose is another factor that will significantly affect costs. Solar panels that are more efficient, like monocrystalline panels, tend to come at a higher price. Furthermore, solar equipment goes beyond just the solar panels themselves. You’ll also need to consider the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when searching for a solar system that falls within your budget.
Solar Financing Terms
Most solar installers in Hampton provide solar loans, which reduce the initial cost of installing a solar system.Although solar loans make going solar more accessible for Hampton homeowners, they can also raise the total you pay for your system due to interest. If you put down a larger down payment, though, you can avoid paying as much in interest.
Solar Panel Installation Company
The solar installation company you pick will affect your total cost to go solar. Different companies will bill different amounts for the equipment and labor.Some companies only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally cost more. It’s best to do some research and choose a company that provides the products, warranties and services you want and also fits 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 | $4.39 | $18,433 | $10,295 | 16.0 years |
| 8 kW | $4.30 | $24,105 | $14,199 | 15.7 years |
| 10 kW | $4.22 | $29,540 | $18,339 | 15.4 years |
| 12 kW | $4.14 | $34,739 | $22,716 | 15.1 years |
| 14 kW | $4.05 | $39,702 | $27,329 | 14.8 years |
| 16 kW | $3.97 | $44,428 | $32,179 | 14.5 years |
| 18 kW | $3.88 | $48,918 | $37,265 | 14.2 years |
| 20 kW | $3.80 | $53,172 | $42,587 | 13.9 years |
How to Save on Solar Panels
Since the model of solar panels and the installation company you choose significantly impacts your costs and your system’s durability and efficiency, it’s important to pick the right ones for you. Here are some things to keep in mind to help with your decision:
- Contract: Before signing a contract with a solar company, make sure to look it over completely so you understand the terms. Also, ask questions if you’re not certain about some of the terms, such as what to do if a component breaks or malfunctions and if there are any guarantees about energy production.
- Warranty: Each company may offer different kinds of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
- Installation Process: Get details from your solar installer about the installation process and what to expect, such as when the site survey will be completed and how long it will take.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for sustainable 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 look into your installer’s reputation is by reading reviews.
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 Hampton, NH Solar Cost FAQs
How much does it cost to install solar panels in Hampton?
The average cost of solar panels in Hampton 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 certain factors such as the kind of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in Hampton?
Solar panels aren’t free in Hampton, but there are some options that can make getting them more feasible, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.
Does Hampton have a net metering program?
Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just offer you credit toward your future power bills.
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy needs and the amount of sunlight your roof gets. You can look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to buy between 20 and 35 panels to cover their typical energy usage.
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.