Solar Panel Cost Guide in Manchester, NH (Sep 2022)

  • Manchester Solar Installation Cost: $10,083
  • 25-Year Savings: $14,917
  • Payback Period: 10.1 Years

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EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 9/16/2022

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Average Cost of Solar Panels in Manchester

Let's take a look at the average cost of solar panels in Manchester.

In Manchester, solar panels cost about $3 per watt on average. Using this figure, a typical 5.0 would cost about $10,083 before the 30% federal solar tax credit is applied.

The actual price you pay can go higher or lower than the average in Manchester based on a variety of factors, such as the type of solar panels you choose and the solar company you hire. But, after you've paid the initial cost of installation, the savings for most homeowners is quite rewarding, with a net average savings of about $19,000 over 20 years on electricity bills.

Click the button below to get connected to a highly rated solar panel company in Manchester for a customized quote.

Solar savings over time in Manchester

Year Return on Investment
1 years $-9,083
3 years $-7,083
5 years $-5,083
7 years $-3,083
9 years $-1,083
11 years $917
13 years $2,917
15 years $4,917
17 years $6,917
19 years $8,917
21 years $10,917
23 years $12,917
25 years $14,917

Top Solar Installers in Manchester

Many homeowners opt for a solar installation company since trying to install solar panels on your own can be hard. The payback period on an investment in solar panels will vary depending on factors like your location and energy use, but working with a solar company can help you reach a break-even point sooner. Your provider will be able to help you apply for incentives available in your area.

There are several licensed solar professionals that can install solar panels for you. Here are our suggestions:

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 Technology

The Green Panel

★★★★★
4.5

  • 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

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

See all of the solar companies in Manchester

Factors that Affect Solar Panel Costs in Manchester

For many Manchester homeowners, the decision to go solar comes down to cost. However, the range of solar installation costs can be quite wide in Manchester, with typical prices between $20,000 to $40,000. There are a number of factors that greatly influence the price you'll pay, which we'll go over below.

Solar Equipment Size

One of the most significant 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 uses, the larger your system will likely need to be. You can expect to pay about $2,910 per kilowatt in Manchester. There are a lot of different solar panel brands and the one you pick also changes the cost. In general, the brands that have better efficiency tend to also be more expensive. In addition, the type of equipment you want to install can affect your total cost. If you only need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.

Solar Financing Terms

Most solar companies in Manchester offer solar loans, which reduce the initial cost of installing a solar system. While solar loans make switching to solar energy more accessible for Manchester homeowners, they can also increase 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 panel installer you pick will influence your total cost to make the switch to solar power. Different companies will bill different amounts for the equipment and labor. 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 specific equipment options like Tesla Powerwall batteries or extra 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 $17,583 10.5 years
8 kW $2.97 $16,622 $23,770 10.3 years
10 kW $2.91 $20,370 $30,120 10.1 years
12 kW $2.85 $23,955 $36,632 9.9 years
14 kW $2.79 $27,377 $43,308 9.7 years
16 kW $2.74 $30,636 $50,147 9.5 years
18 kW $2.68 $33,733 $57,148 9.3 years
20 kW $2.62 $36,666 $64,313 9.1 years

Solar Incentives in Manchester

Name ITC
Type Tax Incentive
Incentive Amount 26% of installation cost
Website Visit here

Name Residential Small Renewable Energy Rebate Program
Incentive Amount $0.20/watt
Incentive Max $1,000 or 30% of system costs, whichever is less
Website Visit here
More Info Click here

Name Local Option - Property Tax Exemption for Renewable Energy and Electrical Energy Storage
Incentive Amount Varies (local option)
Website Visit here
More Info Click here

How to Save on Solar Panels

The company that does your solar system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Because choosing a company can be a challenge, we have some tips to help you, such as:

  • Warranty: Companies typically offer different kinds of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
  • Reputation: Your solar installer should have a good reputation as a company and have verifiable expertise in the field. Two ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has good reviews from previous customers.
  • Solar Panel Brands: Not all solar installers carry the same brands of solar panels, so the brand and type of panel you want can play a significant role in the company you opt for.
  • 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.

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 Technology

The Green Panel

★★★★★
4.5

  • 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

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

EcoWatch's Manchester, NH Solar Cost FAQs

How much does it cost to install solar panels in Manchester?

This is a difficult question to answer exactly, because the cost depends on a variety of 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. You can expect to pay more if you want extra solar equipment or higher quality panels, or if you have above-average energy needs. On the other hand, you can spend less if you choose a smaller solar panel system or less efficient solar panels.

Can you get solar panels for free in Manchester?

You can't get solar panels for free in Manchester. 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 want to own your solar panels, you can finance them with a solar loan.

Does Manchester have a net metering program?

Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states allow you to sell power back to the grid, but others just give you credit toward your future electricity bills.

How many solar panels do I need to power my home?

To figure out how many solar panels you need, you need to know how much energy your home requires 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.

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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