Solar Panel Cost Guide in Plaistow, NH (2023 Update)
- Plaistow Solar Installation Cost: $9,818
- 25-Year Savings: $13,898
- Payback Period: 10.3 Years
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Updated May 04, 2023
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Average Cost of Solar Panels in Plaistow
We break down average solar pricing in Plaistow.
The national average cost of solar panels is $2.66 per watt, but in Plaistow it's 2.91 per watt. The average solar panel system size in Plaistow is around 4.8 kilowatts, meaning a cost of about $9,818 for a solar installation, or $14,040 before the 30% federal solar tax credit is applied.
Bear in mind that the figures above are only estimates based on the average energy use of Plaistow homeowners. The price of a solar system for your home may look different depending on factors unique to your situation, like your household energy use and solar contractor. Many homeowners find installing a solar system is a rewarding investment. The average homeowner in Plaistow can save around $19,000 on their electricity bills over 20 years.
To receive a free estimate from a highly rated solar installer in Plaistow, you can click the button below.
Solar savings over time in Plaistow
| 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 Plaistow
When going solar, many homeowners decide to use a solar company since putting up a solar system yourself can be a challenging project. Companies can also provide access to quality options of the best solar panels and help you decide which one will be best for your family.
You can work with a local solar installer to get a free quote on the cost of solar panels for your home. Here are some in Plaistow:
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 Plaistow
Factors that Affect Solar Panel Costs in Plaistow
For many Plaistow homeowners, the decision to adopt solar energy rests on cost. However, the range of solar installation costs can be quite wide in Plaistow, with typical prices between $20,000 to $40,000. There are various factors that considerably influence the price you'll pay, which we'll go over below.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of going solar is the size of the solar system, which is measured in kilowatts (kW). The more energy your household consumes, the larger your system will likely need to be. You can expect to spend around $2,910 per kilowatt in Plaistow. The kind of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you opt for the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. However, more efficient panels could save you more in the long run on your electric bills. In addition, add-on products, such as solar batteries, can bump up your total well above the Plaistow average.
Solar Financing Terms
For some homeowners, paying for a solar system out of pocket can be financially overwhelming. Solar loans are offered by most installers in Plaistow, which can reduce, or in some cases totally eliminate, your upfront costs to make solar more accessible. It's a good idea to factor the interest you'll pay in your final cost estimate. If you can afford to put more money down upfront, you can reduce your total costs and the amount of time it'll take to pay off the loan.
Solar Panel Installation Company
A final consideration when trying to figure out the cost of solar for your home or business in Plaistow is the company you hire to install your PV system. Similar to choosing a company to renovate your kitchen, for instance, you'll have many options for solar installers that provide a range of services at different costs. Additionally, some companies in Plaistow have more knowledge about local solar incentives and can help you learn about additional rebates or tax exemptions. However, they may charge more for walking you through the whole process. Even if they cost more upfront, they could end up saving you more money in the long run.
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
The company that does your solar panel installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Because selecting a company can be difficult, we have some tips to help you, such as:
- Installation Process: One of the most important things to understand when adopting solar energy is the installation process itself. Be sure to align on any details you need to know with your solar company, such as what permits you should secure and how long the project will take.
- Contract: It's important to look over your solar installer's contract well to understand what services they will provide, what the warranty covers and what you can expect about the installation process.
- Warranty: A comprehensive, 25-year warranty can help keep your solar panel system running for years to come and save you money on part replacement and repairs.
- Solar Panel Brands: Not all solar installers have the same brands of solar panels, so the brand and type of panel you want can play a substantial role in the company you opt for.
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 Plaistow, NH Solar Cost FAQs
How much does it cost to install solar panels in Plaistow?
This is a difficult question to answer exactly, because the cost depends on a variety of factors. Broadly speaking, it costs about $14,550 for a 5-kW system and $29,100 for a 10-kW system after the ITC is applied. It will cost more if you want additional solar equipment or higher quality panels, or if you have higher-than-average energy consumption. Conversely, you can spend less if you choose a smaller solar panel system or less efficient solar panels.
Should I lease or buy solar panels in Plaistow?
Leasing solar panels can be an attractive choice, as it typically comes with low or $0 upfront payments. The drawback is that you won't be able to save as much. If you lease, you don't own the system, so you can't claim any tax rebates and credits and your home value won't increase. Buying solar panels is a better option if you want to maximize your savings.
Can you sell solar power back to the grid in Plaistow?
Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just offer you credit toward your future power bills.
How often do you have to replace solar panels?
On average, the lifespan of solar panels is about 25 to 30 years. Some even last up to 50 years, but their efficiency goes down by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher level of energy production.
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.