Solar Panel Cost Guide in North Hampton, NH (Mar 2023)
- North Hampton Solar Installation Cost: $9,818
- 25-Year Savings: $13,898
- Payback Period: 10.3 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in North Hampton
Let's take a look at the average cost of solar in North Hampton.
In North Hampton, solar panels cost about 2.91 per watt on average. Using this figure, a typical 4.8-kW system would cost about $9,818 before the 30% federal solar tax credit is applied.
The true cost of your system can be higher or lower than the average in North Hampton based on a variety of factors, such as the brand of solar panels you choose and the solar contractor you hire. With typical savings of about $19,000 on power bills over 20 years, many homeowners in North Hampton find going solar has a decent ROI.
For a free quote from a local solar installer that has been pre-vetted by EcoWatch, click the button below.
Solar savings over time in North Hampton
| Year | Return on Investment |
|---|---|
| 1 years | $-8,870 |
| 3 years | $-6,972 |
| 5 years | $-5,075 |
| 7 years | $-3,178 |
| 9 years | $-1,280 |
| 11 years | $617 |
| 13 years | $2,514 |
| 15 years | $4,412 |
| 17 years | $6,309 |
| 19 years | $8,206 |
| 21 years | $10,104 |
| 23 years | $12,001 |
| 25 years | $13,898 |
Top Solar Installers in North Hampton
Many homeowners opt for a solar panel installer since installing solar panels by yourself can be challenging. Companies can also have access to various kinds of the best solar panels and help you choose which one will be best for you.
Working with a licensed solar installer can help you make the most of your investment in solar. Here are our recommendations:
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
The cost of installing a solar system in North Hampton can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The biggest one is your system size, and other factors include the equipment you choose, financing options and the solar company you choose.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to some different factors. One of the key factors is the system size, which is measured in kilowatts (kW). Solar power systems with higher efficiency or power generation need 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 $2,910. There are many different solar panel brands and the one you choose also affects the cost. Generally speaking, the brands that have better efficiency tend to also be more expensive. In addition, the type of equipment you're looking to get can affect your total cost. If you only need panels, your system will be far less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
For some homeowners, paying for solar out of pocket can be difficult. Solar loans are offered by most installers in North Hampton, which can reduce, or in some cases completely eliminate, your upfront costs to make solar more affordable. However, the interest on solar loans also adds to your overall costs, so it's important to include that in your estimate as well. You can always lower the total you pay in interest and possibly even your APR by putting more money down.
Solar Panel Installation Company
The solar installer you hire to handle your switch to clean energy can have an effect on your total costs. There are about 3 solar panel companies in North Hampton, and each can charge different amounts for labor and equipment. Larger national companies typically have lower costs, but some local companies compete with them by promoting 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 | $3.03 | $12,711 | $16,816 | 10.8 years |
| 8 kW | $2.97 | $16,622 | $22,747 | 10.6 years |
| 10 kW | $2.91 | $20,370 | $28,841 | 10.3 years |
| 12 kW | $2.85 | $23,955 | $35,099 | 10.1 years |
| 14 kW | $2.79 | $27,377 | $41,519 | 9.9 years |
| 16 kW | $2.74 | $30,636 | $48,102 | 9.7 years |
| 18 kW | $2.68 | $33,733 | $54,848 | 9.5 years |
| 20 kW | $2.62 | $36,666 | $61,757 | 9.3 years |
How to Save on Solar Panels
There are numerous companies available in North Hampton, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be difficult, so here are some tips to help you decide:
- Installation Process: Get details from your solar company about the installation process and what to expect, including when the site survey will be done and how long it will take.
- Solar Panel Brands: Each solar panel brand and model offers varying levels of quality, durability and efficiency. They will come at different price points as well. The company you choose impacts which solar panel brands you have access to.
- Contract: Even though reading through a contract can be tedious, it's important to do it thoroughly so you can make sure you understand how much the equipment and services will cost and how part repairs and replacements will be handled.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a respected certification organization for clean energy professionals. If your solar panel installer is NABCEP-certified, it likely has a solid reputation and is qualified to install your solar system. Another way you can research your installer's reputation is by reading reviews.
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?
The average cost of solar panels in North Hampton is about $14,550 for a 5-kW system and $29,100 for a 10-kW system before the ITC, but the real cost will depend on things like the kind of solar panels you want, what size system you need and how much energy you use.
Should I lease or buy solar panels in North Hampton?
Leasing solar panels can be an option if you can't pay upfront or get a solar loan, but since you don't own the system, you don't have access to many solar incentives. Also your home value won't increase, so you'll have less savings over time. If you can afford to buy a solar system upfront, then buying is the better option if you want the most financial benefits from going solar.
Is it worth going solar in North Hampton?
Whether or not solar panels are worth it depends on some different factors like the cost of electricity near you and the amount of direct sunlight your roof gets.
How often do you have to replace solar panels?
Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is their energy production will have decreased significantly after that point. You can opt to replace them after having them for that long or you can keep using them at a lower efficiency.
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.