Solar Panel Cost Guide in New Ipswich, NH (2024 Update)

  • New Ipswich Solar Installation Cost: $14,627
  • 25-Year Savings: $14,914
  • Payback Period: 14.6 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated February 03, 2024

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We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in New Ipswich

We go over average solar pricing in New Ipswich.

The average cost of a solar panel system in New Ipswich is 4 per watt.The average New Ipswich homeowner needs a 5.0-kilowatt system, which would cost about $14,627 with the federal tax credit, or $20,917 before the 0 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 equipment you choose, your solar contractor and more.Despite the significant initial cost, the average New Ipswich homeowner can save about $19,000 on their energy bills over 20 years, which is one of the benefits of solar.

For a personalized quote from a local solar company that has been pre-vetted by the EcoWatch team, click the button below.

Solar savings over time in New Ipswich

Year Return on Investment
1 years $-13,220
3 years $-10,406
5 years $-7,593
7 years $-4,779
9 years $-1,966
11 years $848
13 years $3,662
15 years $6,475
17 years $9,289
19 years $12,103
21 years $14,916
23 years $17,730
25 years $20,544

Top Solar Installers in New Ipswich

Do-it-yourself solar panel installation is a choice some homeowners opt for, but it's an undertaking that can be a headache. Going with a solar company can make switching to solar power much easier. The expertise that solar installers offer can be helpful as well, particularly if you don’t quite know what kind of solar equipment you need.

You can work with a local solar installer to get a free estimate on how much solar panels could cost for your home. Here are some in New Ipswich:

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 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

Best Technology

Tesla Energy

★★★★★
3.2

  • 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 New Ipswich

Factors that Affect Solar Panel Costs in New Ipswich

For many New Ipswich homeowners, the decision to adopt solar energy depends on cost. However, the range of solar installation costs can be quite wide in New Ipswich, with typical prices between $20,000 to $40,000. There are various factors that greatly influence the price you’ll pay, which we'll go over below.

Solar Equipment

The size of the solar energy system you need for your household, which is measured in kilowatts, is the most important cost factor to consider. For every additional kilowatt you need, your total will most likely increase by around $4,220. The type of solar panels and equipment you get is another factor that will considerably affect costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to come at a higher price. Further, solar equipment is more than just the solar panels themselves. You’ll also need to decide on the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when looking into a solar system that’s in your budget.

Solar Financing Terms

If paying for solar panels out of pocket is out of reach, solar loans are an affordable route because they cut back your upfront costs and allow you to pay for your system over five to seven years on average.You’ll have to consider the long-term cost of financing options, including the total interest you’ll pay over the length of the loan. If you can only get a high-interest loan, then your total can be hundreds or even thousands of dollars more than the principal cost. Making a larger down payment or getting a solar loan with a low interest rate could reduce your costs significantly.

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 New Ipswich is the company you get to install your solar system. Similar to choosing a company to renovate your kitchen, for example, there’s no shortage of solar installers that offer a range of services for different budgets.Larger national companies typically have lower costs, but some local companies keep up with them by offering sales and discounts. While the smaller companies might not have access to specific equipment options like Tesla Powerwall batteries or additional services like electric car 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 $4.39 $18,433 $11,861 15.2 years
8 kW $4.30 $24,105 $16,287 14.9 years
10 kW $4.22 $29,540 $20,950 14.6 years
12 kW $4.14 $34,739 $25,848 14.3 years
14 kW $4.05 $39,702 $30,984 14.0 years
16 kW $3.97 $44,428 $36,355 13.7 years
18 kW $3.88 $48,918 $41,963 13.5 years
20 kW $3.80 $53,172 $47,807 13.2 years

How to Save on Solar Panels

There are a lot of companies available in New Ipswich, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be challenging, so here are some tips to help you decide:

  • Reputation: Your solar installer should have a sound reputation as a company and have verifiable expertise in the field. A couple of 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 positive reviews from previous customers.
  • Solar Panel Brands: The brand of solar panel you’d like to get plays a part in which installer you should choose, since different companies provide different panels.
  • Contract: Read the contract terms closely to make sure you understand the cost breakdown, project timeline rebates and warranties.
  • Warranty: A comprehensive, 25-year warranty can help keep your solar panel system running smoothly and save you money on repairs and maintenance.

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 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

Best Technology

Tesla Energy

★★★★★
3.2

  • 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 New Ipswich, NH Solar Cost FAQs

How much does it cost to install solar panels in New Ipswich?

The average cost of solar panels in New Ipswich 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 model of solar panels you want, what size system you need and how much energy you consume.

Are solar panels free in New Ipswich?

A solar panel system isn’t free in New Ipswich, but there are some options that can make getting them more affordable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.

How will solar panels impact my property value?

Solar panels can increase your property’s value remarkably 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% after installing a solar system."

What solar power system size is right for my home?

To figure out how many solar panels you need, you need to know how much energy your home uses and how much sunlight your home gets. For a general estimate, however, since each panel can usually 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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