Solar Panel Cost Guide in Henniker, NH (2024 Update)
- Henniker Solar Installation Cost: $14,710
- 25-Year Savings: $15,115
- Payback Period: 14.6 Years
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Average Cost of Solar Panels in Henniker
Find out what the average cost of a solar system is in Henniker.
In Henniker, solar panels cost about 4 per watt on average.The average solar panel system size in Henniker is around 5.0 kilowatts, meaning a cost of about $14,710 for a solar installation, or $21,035 before the 0 federal solar tax credit is applied.
Keep in mind that the numbers above are only averages. The price you’ll end up paying 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.With average savings of about $19,000 on energy bills over 20 years, many homeowners in Henniker find investing in solar can pay off big.
For a customized quote from a local solar company that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in Henniker
Year | Return on Investment |
---|---|
1 years | $-13,303 |
3 years | $-10,489 |
5 years | $-7,676 |
7 years | $-4,862 |
9 years | $-2,048 |
11 years | $765 |
13 years | $3,579 |
15 years | $6,392 |
17 years | $9,206 |
19 years | $12,020 |
21 years | $14,833 |
23 years | $17,647 |
25 years | $20,461 |
Top Solar Installers in Henniker
Many homeowners decide to use a solar installer since installing solar panels yourself can be challenging. Local solar companies can also help you optimize your return on investment by assisting with any local incentives and by providing warranties and repairs.
If you're looking for a solar installer in Henniker, we've compiled a list of our top suggestions here:
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 Henniker
Factors that Affect Solar Panel Costs in Henniker
Though the average cost of a solar system in Henniker is $14,710, your actual cost may be above or below the average. There are quite a few factors that can have a major impact on the cost of a residential solar panel installation. Below are some of the more important things to keep in mind.
Solar Equipment
One of the most important factors to consider when it comes to the cost of installing solar panels is the size of the solar system, which is measured in kilowatts (kW). The more power your household consumes, the larger your system will likely need to be. You can expect to spend around $4,220 per kilowatt in Henniker.Some solar brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer higher efficiency. In a city like Henniker, where sunlight isn’t as abundant, efficiency can quickly pay off. Also, if you have a small roof or limited space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
If paying for a solar system in cash is out of reach, solar loans are a popular choice because they cut back your upfront costs and allow you to pay for your system over five to seven years on average.Although solar loans make adopting solar energy more accessible for Henniker homeowners, they can also add to 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
A final consideration when trying to figure out the cost of solar for your home or business in Henniker is the company you hire to install your solar panel system. Similar to choosing a company to renovate your kitchen, for example, there’s no shortage of solar installers that provide a range of services for different budgets.The company’s size sometimes plays the most significant role in your total costs. Larger national companies, like SunPro and Sunrun, often have lower prices because of 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 | $12,001 | 15.1 years |
8 kW | $4.30 | $24,105 | $16,473 | 14.9 years |
10 kW | $4.22 | $29,540 | $21,183 | 14.6 years |
12 kW | $4.14 | $34,739 | $26,128 | 14.3 years |
14 kW | $4.05 | $39,702 | $31,310 | 14.0 years |
16 kW | $3.97 | $44,428 | $36,728 | 13.7 years |
18 kW | $3.88 | $48,918 | $42,382 | 13.4 years |
20 kW | $3.80 | $53,172 | $48,273 | 13.1 years |
How to Save on Solar Panels
The solar company you choose will be a major factor in determining not only your overall costs, but also the kinds of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are a few important things you should consider, such as:
- Reputation: Well-established companies likely have a solid reputation. This is important because it ensures that it will not only see your solar project through, but will also provide quality aftercare and customer support, such as part repairs and replacements.
- Contract: Even though reading through a contract can be tedious, it’s important to do it thoroughly so you can make sure you understand what services your solar company will provide and how part repairs and replacements will be handled.
- Warranty: An all-inclusive, 25-year warranty can help keep your solar system running smoothly and save you money on part replacement and repairs.
- Installation Process: Get details from your solar installer about the installation process and what to expect, including when the site survey will be completed and how long it will take.
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 Henniker, NH Solar Cost FAQs
How much does it cost to install solar panels in Henniker?
The average cost of solar panels in Henniker 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 type of solar panels you want, what size system you need and how much energy you consume.
Can you get solar panels for free in Henniker?
You can’t get solar panels for free in Henniker. However, you may still be able to get them on a lower budget. You can lease solar panels for a low upfront cost or, if you’d prefer to own your solar panels, you can finance them with a solar loan.
Is it worth going solar in Henniker?
Whether or not solar panels are worth it depends on a variety of factors like how much you pay for electricity and how much direct sunlight your roof gets.
How many solar panels do I need to power my home?
To figure out what solar panel system size you need, you need to know how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can typically produce about 250 to 400 watt-hours per hour, the average house 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.