Solar Panel Cost Guide in Sanbornton, NH (2023 Update)
- Sanbornton Solar Installation Cost: $14,614
- 25-Year Savings: $16,237
- Payback Period: 13.9 Years
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Updated October 25, 2023
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Average Cost of Solar Panels in Sanbornton
Find out what the average cost of a solar system is in Sanbornton.
The average cost of a solar system in Sanbornton is 2.91 per watt.The average solar panel system size in Sanbornton is around 5.0 kilowatts, meaning a cost of about $10,083 for a solar installation, or $14,419 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 equipment you want to get, your solar contractor and more.With typical savings of about $20,000 on energy bills over 20 years, many homeowners in Sanbornton find going solar can pay off big.
You can click the button below to get connected with a top solar company in Sanbornton that can help you get a more accurate cost estimate for your home.
Solar savings over time in Sanbornton
| Year | Return on Investment |
|---|---|
| 1 years | $-13,207 |
| 3 years | $-10,393 |
| 5 years | $-7,580 |
| 7 years | $-4,766 |
| 9 years | $-1,952 |
| 11 years | $861 |
| 13 years | $3,675 |
| 15 years | $6,488 |
| 17 years | $9,302 |
| 19 years | $12,116 |
| 21 years | $14,929 |
| 23 years | $17,743 |
| 25 years | $20,557 |
Top Solar Installers in Sanbornton
Do-it-yourself solar panel installation is a possibility, but it's an undertaking that can be a headache. Using a solar panel installer can make swapping over to solar power much easier. A solar company can also help save you money over the lifespan of your system by offering warranties, repairs and part replacements.
If you'd like to go solar but still aren't certain which solar system company to go with, here are our suggestions for providers nearby:
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 Sanbornton
Factors that Affect Solar Panel Costs in Sanbornton
Cost is often one of the most important factors for homeowners who want to invest in solar. There are a few primary factors that affect your total cost in Sanbornton: solar equipment and system size, financing options and the solar installation company you choose. We'll discuss each of these briefly below.
Solar Equipment
The size of the solar energy system you need for your home, which is measured in kilowatts, is the most significant cost factor to consider. For every additional kilowatt you need, your total will most likely increase by nearly $2,910. The type of solar equipment you choose can increase or decrease your cost by thousands or even tens of thousands of dollars. If you get the most efficient solar panel brands, you'll end up paying more upfront than if you opted for the most affordable panels. However, higher efficiency could save you more in the long run on your energy bills. In addition, add-on products, such as solar batteries, can bump up your total well above the Sanbornton average.
Solar Financing Terms
Many homeowners find the average cost of solar in Sanbornton to be too expensive, even if the investment pays off over time. Thankfully, nearly every solar company in the area provides financing options. Solar loans substantially decrease upfront costs for most homeowners, but they also result in a higher cost over time due to interest.It's wise 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 back the loan.
Solar Panel Installation Company
The solar company you go with to handle your switch to renewable energy can have an effect on your total costs. There are about 3 solar panel companies operating throughout Sanbornton, and each can charge varying amounts for labor and equipment.Additionally, some companies in Sanbornton have more knowledge about local solar incentives and can help you take advantage of additional rebates or tax exemptions. Though, they may charge more for that service. Even if they cost more upfront, they could help you save 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 | $4.39 | $18,433 | $13,482 | 14.4 years |
| 8 kW | $4.30 | $24,105 | $18,448 | 14.2 years |
| 10 kW | $4.22 | $29,540 | $23,651 | 13.9 years |
| 12 kW | $4.14 | $34,739 | $29,091 | 13.6 years |
| 14 kW | $4.05 | $39,702 | $34,766 | 13.3 years |
| 16 kW | $3.97 | $44,428 | $40,678 | 13.1 years |
| 18 kW | $3.88 | $48,918 | $46,826 | 12.8 years |
| 20 kW | $3.80 | $53,172 | $53,211 | 12.5 years |
How to Save on Solar Panels
The solar installer you opt for will impact not only your total 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 consider, including:
- 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 substantial role in the company you go with.
- Installation Process: One of the most important things to understand when adopting solar energy is the installation process itself. Be sure to clarify any details you need to know with your solar installer, such as what permits you should secure and how long the project will take.
- Reputation: Companies that have been in business for many years likely have a solid reputation. This is important because it ensures that it will not only see your solar installation through, but will also provide adequate aftercare and customer service, such as part repairs and replacements.
- Contract: Even though reading through a contract can take a lot of time, it's important to do it carefully so you can be sure you understand how much the equipment and services will cost and the terms of the warranty.
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 Sanbornton, NH Solar Cost FAQs
What is the average cost of installing solar panels in Sanbornton?
The average cost of solar panels in Sanbornton 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 stuff like the kind of solar panels you want, what size system you need and how much energy you use.
Can you get solar panels for free in Sanbornton?
You can't get solar panels for free in Sanbornton. However, you may still be able to afford them on a lower budget. You can lease solar panels for a low upfront cost or, if you'd rather own your solar panels, you can finance them with a solar loan.
Does Sanbornton have a net metering program?
Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states allow you to sell power back to the grid, but others just offer you credit toward your future energy bills.
How many solar panels should I get to power my home?
To figure out what solar panel system size you need, you should find out how much energy your home requires 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.