Solar Panel Cost Guide in Seabrook, NH (2023 Update)
- Seabrook Solar Installation Cost: $9,817
- 25-Year Savings: $15,544
- Payback Period: 9.7 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Seabrook
Let's have 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 solar panels is 2.91 per watt. The average Seabrook homeowner needs a 4.8-kilowatt system, which would cost about $9,818 with the federal tax credit, or $14,040 before the 30% tax credit is applied.
These figures are only estimates, and how much solar costs for you may differ based on factors unique to your home and what company you want to go with. Even with the large initial cost, the average Seabrook homeowner can save about $20,000 on their energy bills over 20 years, which is one of the perks of solar.
To receive a free estimate from a highly rated solar installation company in Seabrook, you can click the button below.
Solar savings over time in Seabrook
| Year | Return on Investment |
|---|---|
| 1 years | $-9,732 |
| 3 years | $-9,563 |
| 5 years | $-9,394 |
| 7 years | $-9,225 |
| 9 years | $-9,056 |
| 11 years | $-8,887 |
| 13 years | $-8,718 |
| 15 years | $-8,549 |
| 17 years | $-8,380 |
| 19 years | $-8,211 |
| 21 years | $-8,042 |
| 23 years | $-7,872 |
| 25 years | $-7,703 |
Top Solar Installers in Seabrook
Although you can install solar panels yourself, it takes extra effort and expertise. That's why most homeowners choose a solar panel installer. Plus, if you're not certain what kind of solar panels and equipment you need, a solar expert can help you figure that out after a site survey and consultation.
If you'd like to make the switch to solar but still aren't sure which solar system company to go with, here are our recommendations for providers in Seabrook:
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
Even though the average cost of a solar system in Seabrook is $9,818, your actual cost may be above or below the average. There are many factors that can have a major impact on the cost of a solar panel installation. Below are some of the more crucial things to take into consideration.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of going solar. That's why it's crucial to accurately assess the size of the solar energy system needed for your home by figuring out your energy needs. The type of solar panels and equipment you want is another factor that will largely affect costs. Solar panels that have higher efficiency, like monocrystalline panels, tend to be more expensive. Plus, solar equipment consists of more than just the solar panels themselves. You'll also need to make decisions about the kind of racks used to mount the panels, inverters, solar batteries, etc. It's important to take all of this into consideration when researching a solar system that falls within your budget.
Solar Financing Terms
Most solar companies in Seabrook have solar loans, which reduce your upfront costs of installing solar panels. When trying to figure out your overall cost, you should also calculate the interest you'll pay if you opt for a solar loan. Also, paying more upfront can reduce the total interest paid over time.
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 PV system. As with choosing a company to install new cabinets, for instance, you'll have many options for solar installers that provide a range of services at different price points. Additionally, some companies in Seabrook know more about local solar incentives and can help you make good use 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 | $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
There are a large number of companies available in Seabrook, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be challenging, so here are some tips to help you decide:
- Warranty: Companies typically offer different kinds of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- Installation Process: Homeowners should understand how exactly the installation process will go, as well as important factors like the project completion timeline.
- Contract: When looking over your solar installer's contract, ask questions about any terms you're not sure of and make sure you understand what happens in scenarios like a system part breaking or the company going out of business.
- Solar Panel Brands: Each solar panel brand and kind offers varying levels of quality, longevity and energy efficiency. They will come at different costs as well. The company you choose has an impact on which solar panel brands you have access to.
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?
This is a difficult question to answer exactly, because the cost depends on a few different factors. Generally speaking, it costs about $14,550 for a 5-kW system and $29,100 for a 10-kW system after the ITC is applied. You can expect to pay more if you want other solar equipment or more efficient panels, or if you have higher-than-average energy needs. On the flip side, you can spend less if you go with a smaller solar panel system or less expensive solar panels.
Should I lease or buy solar panels in Seabrook?
Leasing solar panels can be an option if you are unable to 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 savings from going solar.
Can you sell solar power back to the grid in Seabrook?
Each state has some form 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 utility bills.
How long do solar panels last in Seabrook?
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.