Solar Panel Cost Guide in Seabrook, NH (Jan 2023)
- Seabrook Solar Installation Cost: $9,818
- 25-Year Savings: $15,543
- Payback Period: 9.7 Years
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Updated January 20, 2023
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Average Cost of Solar Panels in Seabrook
Let's take a look at the average cost of solar in Seabrook.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Seabrook, the typical cost of a solar system is $3 per watt. To cover the typical energy needs of the average home in Seabrook, most homeowners require a 4.8-kilowatt system. Using the per-watt figure above, a solar installation costs about $9,818, or $7,265 after the federal solar tax credit of 30% is applied.
Keep in mind that the figures above are only estimates based on the average energy use of Seabrook homeowners. The price of a solar system for your home may be different depending on factors unique to you, like your household energy use and solar contractor. Many homeowners find installing solar panels is a fruitful investment. The average homeowner in Seabrook can save around $20,000 on their energy bills over 20 years.
Click the button below to get connected to a highly rated solar company in Seabrook for a customized quote.
Solar savings over time in Seabrook
| Year | Return on Investment |
|---|---|
| 1 years | $-8,804 |
| 3 years | $-6,775 |
| 5 years | $-4,746 |
| 7 years | $-2,717 |
| 9 years | $-688 |
| 11 years | $1,340 |
| 13 years | $3,369 |
| 15 years | $5,398 |
| 17 years | $7,427 |
| 19 years | $9,456 |
| 21 years | $11,485 |
| 23 years | $13,514 |
| 25 years | $15,543 |
Top Solar Installers in Seabrook
When switching to solar energy, many homeowners decide to use a solar installation company since installing a solar system yourself can be a time-consuming project. Companies can also have access to quality options of the best solar panels and help you choose which one will be best for your family.
If you'd like to start using solar energy but still aren't sure which solar panel installer 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 Seabrook
Factors that Affect Solar Panel Costs in Seabrook
Cost is typically 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 Seabrook: solar equipment and system size, financing options and the solar installation company you choose. We'll go over each of these briefly below.
Solar Equipment
When it comes to estimating the cost of a solar panel system in Seabrook, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are mainly based on your home's energy consumption, which you can figure out by looking at past power bills. Your total cost can increase by about $2,910 for each additional kilowatt you need. There are many different solar panel brands and the one you choose also affects the cost. Generally, the brands that offer higher efficiency tend to also be more expensive. Plus, 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
For some homeowners, paying for solar out of pocket can be financially overwhelming. Solar loans are available from most installers in Seabrook, which can bring down, or in some cases totally eliminate, your upfront costs to make solar more accessible. Though solar loans make going solar more accessible for Seabrook homeowners, they can also add to the total you pay for your system due to interest. If you make a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
A final consideration when trying to evaluate the cost of solar for your home or business in Seabrook is the company you hire to install your solar panel system. As with choosing a company to install new cabinets, for example, you'll have no shortage of solar installers that offer a range of services at different price points. Some companies only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally come with an above-average cost. It's best to do some research and go with the company that has the products, warranties and services you're looking for and also fits within your budget.
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 | $18,864 | 10.1 years |
| 8 kW | $2.97 | $16,622 | $25,477 | 9.9 years |
| 10 kW | $2.91 | $20,370 | $32,254 | 9.7 years |
| 12 kW | $2.85 | $23,955 | $39,194 | 9.5 years |
| 14 kW | $2.79 | $27,377 | $46,296 | 9.3 years |
| 16 kW | $2.74 | $30,636 | $53,562 | 9.1 years |
| 18 kW | $2.68 | $33,733 | $60,991 | 8.9 years |
| 20 kW | $2.62 | $36,666 | $68,582 | 8.7 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands you have access to, and it will also have an impact on your total cost. Because choosing a company can be a challenge, we have some tips to help you, such as:
- Warranty: A high-quality company rises above other companies by offering the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- 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 big role in the company you go with.
- Contract: When reading through your solar company's contract, ask for clarification about any terms you're not sure of and make sure you understand what happens in scenarios like a system component breaking or if the company goes out of business.
- Installation Process: Homeowners should understand how exactly the installation process will be carried out, as well as important factors like the project completion timeline.
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 Seabrook, NH Solar Cost FAQs
What is the average cost of installing solar panels in Seabrook?
The average cost of solar panels in Seabrook 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 things such as the kind of solar panels you want, what size system you need and how much energy you consume.
Is it better to lease or buy solar panels in Seabrook?
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 incentives and your home value won't increase. Buying solar panels is a better option if you want to get the most savings.
Is it worth going solar in Seabrook?
Solar panels can be a beneficial investment for many homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your electricity bills are already reasonably low, solar panels might not be for you.
How long do solar panels last in Seabrook?
On average, solar panels can last 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 larger amount 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.