Solar Panel Cost Guide in Rindge, NH (2023 Update)
- Rindge Solar Installation Cost: $10,177
- 25-Year Savings: $14,823
- Payback Period: 10.2 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Rindge
Find out what the average cost of a solar system is in Rindge.
Although the national average of solar panels is $2.66 per watt, solar panels in Rindge generally cost about 2.91. The average solar panel system size in Rindge is around 5.0 kilowatts, meaning a cost of about $10,185 for a solar installation, or $14,565 before the 30% federal solar tax credit is applied.
Remember that the numbers above are only averages. The price you'll end up paying for solar may vary based on your household energy needs, the type of solar panels you choose, your solar contractor and more. With average savings of about $19,000 on electricity bills over 20 years, many homeowners in Rindge find investing in solar can pay off big.
To receive a free estimate from a highly rated solar company in Rindge, you can click the button below.
Solar savings over time in Rindge
| Year | Return on Investment |
|---|---|
| 1 years | $-8,770 |
| 3 years | $-5,957 |
| 5 years | $-3,143 |
| 7 years | $-329 |
| 9 years | $2,484 |
| 11 years | $5,298 |
| 13 years | $8,112 |
| 15 years | $10,925 |
| 17 years | $13,739 |
| 19 years | $16,553 |
| 21 years | $19,366 |
| 23 years | $22,180 |
| 25 years | $24,994 |
Top Solar Installers in Rindge
Do-it-yourself solar panel installation is a choice some homeowners opt for, but it's an undertaking that can be a pain. Using an installer can make your swap to solar power much easier. Also, companies with a good reputation that are more expensive upfront could actually save you money in the long term with their warranties, repair services and expert design.
Working with a licensed solar company can help your solar project go smoothly. 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 Rindge
Factors that Affect Solar Panel Costs in Rindge
Cost is often one of the most important factors for homeowners who want to invest in solar. There are a few major factors that affect your total cost in Rindge: solar equipment and system size, financing options and the solar installation company you choose. We'll discuss each of these briefly below.
Solar Equipment
One of the most important 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 about $2,910 per kilowatt in Rindge. There are many different solar panel brands and the one you pick also changes the cost. Usually, the brands that offer higher efficiency tend to also cost more. In addition, the type of equipment you choose 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
Many homeowners find the average cost of solar in Rindge to be prohibitively costly, even if the investment pays off over time. Fortunately, nearly every solar company in the area offers financing options. Solar loans substantially decrease upfront costs for most homeowners, but they also result in higher prices over time due to interest. You'll have to consider the long-term cost of loans, including the amount of interest you'll pay over the length of the loan. If you're only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor 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
The final significant cost factor you should keep in mind is the installer you choose. Given the growing popularity of green energy solutions in Rindge, you'll have plenty of options to choose from, but each comes at varying price points for labor and equipment. The size of the company sometimes plays the most significant role in the cost of installation. Larger national companies, like SunPro and Sunrun, often have lower prices because of more resources and bulk pricing. Smaller local companies might be more costly, but they generally have better customer service and more customization options, and the occasional sale or discount can bring their pricing down to compete with bigger names.
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 | $17,313 | 10.6 years |
| 8 kW | $2.97 | $16,622 | $23,410 | 10.4 years |
| 10 kW | $2.91 | $20,370 | $29,670 | 10.2 years |
| 12 kW | $2.85 | $23,955 | $36,093 | 10.0 years |
| 14 kW | $2.79 | $27,377 | $42,679 | 9.8 years |
| 16 kW | $2.74 | $30,636 | $49,428 | 9.6 years |
| 18 kW | $2.68 | $33,733 | $56,339 | 9.4 years |
| 20 kW | $2.62 | $36,666 | $63,414 | 9.2 years |
How to Save on Solar Panels
The solar company you opt for will be a major factor in determining not only your overall costs, but also the kinds of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are a few important things you should take into account, including:
- Contract: Before you sign a contract with a solar installer, make sure to read it through completely 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.
- Solar Panel Brands: Not all solar companies have the same brands of solar panels, so the brand and type of panel you want can play a considerable role in the company you hire.
- Warranty: Companies typically offer different kinds of warranties that provide different kinds of coverage. A 25-year, all-inclusive warranty is the gold standard.
- Installation Process: Make sure you're on the same page with the company regarding how the installation process will go and what needs to be done before your solar system is installed, such as updating or replacing your electrical system or roof.
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 Rindge, NH Solar Cost FAQs
What is the average cost of installing solar panels in Rindge?
The average cost of solar panels in Rindge is about $14,550 for a 5-kW system and $29,100 for a 10-kW system before the ITC, but the actual cost will depend on certain factors like the model of solar panels you want, what size system you need and how much energy you use.
Is cost the most important thing to keep in mind when buying solar panels?
Cost is definitely one of the most important things to keep in mind when buying solar panels, but other important factors include efficiency, durability, and quality.
How much can I save on energy bills after switching to solar?
It is possible to eradicate your electricity bills with solar panels, but for most homeowners throughout Rindge, that will require at least a 10-kW system. Not all homes will have roofs that can accommodate that size system, so you'll want to contact a local solar installer to see how many panels can fit on your roof.
How many solar panels do I need to power my home?
To figure out what solar panel system size you need, you need to know how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can typically produce about 250 to 400 watt-hours per hour, the average house 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.