Solar Panel Cost Guide in North Hampton, NH (2024 Update)
- North Hampton Solar Installation Cost: $14,236
- 25-Year Savings: $13,900
- Payback Period: 15.0 Years
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Average Cost of Solar Panels in North Hampton
Find out what the average cost of solar panel installation is in North Hampton.
In North Hampton, solar panels cost about 4 per watt on average.The average solar panel system size in North Hampton is around 4.8 kilowatts, meaning a cost of about $14,236 for a solar installation, or $20,357 before the 0 federal solar tax credit is applied.
The prices above are just estimates to give you an idea of the cost of a solar energy system. The true cost of going solar can vary quite a bit depending on several factors, such as what size system you need, your energy usage and what company you go with.But, once you've paid the upfront cost of installation, the ROI 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 vetted solar installer in North Hampton for a customized estimate.
Solar savings over time in North Hampton
| 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 North Hampton
Many homeowners opt for a solar panel company since trying to install solar panels by yourself can be challenging. The payback period on a solar system will vary depending on factors like your roof configuration and energy usage, but going with a solar company can shorten it. Your provider will be able to help you get the most out of incentives available in your area.
Working with a licensed solar company can help your solar project go smoothly. 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 North Hampton
Factors that Affect Solar Panel Costs in North Hampton
For many North Hampton homeowners, the decision to install a solar energy system depends on cost. However, the range of solar installation costs can be quite wide in North Hampton, with typical prices between $20,000 to $40,000. There are various factors that significantly influence the price you’ll pay, which we'll go over below.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to some different factors. One of the notable factors is the system size, which is measured in kilowatts (kW). Solar power systems with better efficiency or power generation use better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $4,220.Some solar panel brands — like Maxeon from SunPower — cost more upfront but also tend to offer higher efficiency. In a city like North Hampton, where sunlight is relatively abundant, efficiency can quickly pay off. Also, if you have a small roof or you don’t have a lot of space for your panels, higher efficiency options will be a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Most solar companies in North Hampton have solar loans, which reduce the initial cost of installing solar.It’s a good idea to add the interest you’ll pay in your final cost estimate. If you can afford to pay a higher down payment, you can reduce your total costs and the amount of time it’ll take to pay back the loan.
Solar Panel Installation Company
The solar installer you go with to handle your switch to green energy can play a role in your total costs. There are about 3 solar installation companies operating throughout North Hampton, and each can charge varying amounts for labor and equipment.Larger national companies generally 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 | $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 companies available in North Hampton, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be tough, so here are some tips to help you decide:
- 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.
- Solar Panel Brands: Different companies have various brands and types of panels. If you know you want a specific brand, make sure the solar installer you’re considering has it.
- Contract: Before signing a contract with a solar installer, make sure you read it through fully so you understand the terms. Also, ask questions if you’re not sure about some of the terms, such as what to do if a component breaks or malfunctions and what services you can expect from them.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for sustainable energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a good reputation and is qualified to install your solar system. Another way you can research 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 North Hampton, NH Solar Cost FAQs
How much does it cost to install solar panels in North Hampton?
This is a hard question to answer exactly, because the cost depends on a variety of factors. Generally speaking, it costs about $21,100 for a 5-kW system and $42,200 for a 10-kW system after the ITC is applied. It will cost more if you want extra solar equipment or higher quality panels, or if you have above-average energy needs. On the flip side, you can spend less if you go with a smaller solar panel system or cheaper solar panels.
What other factors should I consider in addition to cost when buying solar panels?
The initial cost is a very important factor to consider, but whether it’s the most important for you depends on your reasons for going solar. In cities where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to take into account are the quality and durability of your solar panels.
How will solar panels impact the value of my home?
Solar panels can increase the value of your home significantly as long as you buy or finance your panels and don’t go for 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."
How many solar panels do I need to power my home?
To figure out how many solar panels you need, you should find out 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 household 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.