Solar Panel Cost Guide in Stratham, NH (Oct 2022)

  • Stratham Solar Installation Cost: $9,818
  • 25-Year Savings: $13,898
  • Payback Period: 10.3 Years

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EcoWatch Local Advisors

By EcoWatch Local Advisors

Updated 9/16/2022

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Average Cost of Solar Panels in Stratham

Find out what the average cost of installing solar panels is in Stratham.

While the national average of solar panels is $2.66 per watt, solar panels in Stratham generally cost around $3. The average solar panel system size in Stratham is around 4.8 kilowatts, meaning a cost of about $9,818 for a solar installation, or $7,265 after the 30% federal solar tax credit is applied.

The prices above are just estimates to give you an idea of how much a solar energy system could cost. The exact cost of making the switch to solar can vary quite a bit based on several factors, such as how many panels you need, your energy consumption and what installation company you go with. Many homeowners find going solar is a sound investment. The average homeowner in Stratham can save about $19,000 on their energy bills over 20 years.

To calculate your potential ROI and connect with a local solar expert, click the button below.

Solar savings over time in Stratham

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 Stratham

When making the switch to solar, many homeowners opt to use a solar installation company since installing solar panels yourself can be a time-consuming project. The expertise that solar installers offer can be helpful as well, especially if you don't quite know what type of solar equipment would be right for your home.

Working with a licensed solar company can help you make the most of your investment in solar. Here are our recommendations:

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Technology

The Green Panel

★★★★★
4.5

  • 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

Best for Leasing

Sunrun

★★★★★
4.0

  • Expansive service area
  • Many financing options
  • Some reported issues with customer service
  • Some reported issues with door-to-door sales

See all of the solar companies in Stratham

Factors that Affect Solar Panel Costs in Stratham

The cost of installing a solar system in Stratham can vary by more than $10,000 from home to home. Your actual cost is dependent on several factors. The biggest one is the size of the system you need, and other factors include equipment choices, financing options and the solar company you choose.

Solar Equipment Size

When it comes to estimating the price of solar panels in Stratham, 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 determine by looking at past power bills. Your overall cost can increase by about $2,910 for each additional kilowatt you need. There are many different solar panel brands and the one you pick also changes the cost. In general, the brands that offer higher efficiency tend to also be more expensive. Additionally, the type of equipment you want to install can affect your total cost. If you just 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 Stratham to be too expensive, even if the investment pays off over time. Thankfully, nearly every solar installer in the area provides financing options. Solar loans drastically decrease upfront costs in most cases, but they also result in paying more over time because of interest. However, the interest on solar loans also adds to your all-in costs, so it's vital to keep that in mind as well. You can always bring down the total you pay in interest and possibly even your APR by putting more money down.

Solar Panel Installation Company

The solar panel installer you select will play a role in your total cost to go solar. Different companies will charge different amounts for the equipment and labor. The company's size sometimes plays the most considerable role in your total costs. Larger national companies, like SunPro and Sunrun, often have lower prices because they have access to greater resources and bulk pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or promotion 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 $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

Solar Incentives in Stratham

Name Local Option - Property Tax Exemption for Renewable Energy and Electrical Energy Storage
Website Visit here
More Info Click here

Name Residential Small Renewable Energy Rebate Program
Incentive Amount $0.20/watt
Website Visit here
More Info Click here

Name Eversource - Residential Energy Efficiency Rebate Program
Website Visit here
More Info Click here

Name Residential Solar Water Heating Rebates
Website Visit here
More Info Click here

Name Residential Bulk-Fed Wood-Pellet Central Boilers and Furnace Rebate Program
Incentive Amount 40%
Website Visit here
More Info Click here

Name Residential Renewable Energy Tax Credit
Website Visit here
More Info Click here

How to Save on Solar Panels

There are many companies to choose from in Stratham, and some homeowners feel overwhelmed considering their options. Selecting the right company for you can be challenging, so here are some tips to help you decide:

  • Solar Panel Brands: The type of solar panel you want plays a role in which installer you should choose, since different companies provide different panels.
  • Warranty: A comprehensive, 25-year warranty can help keep your solar panels running smoothly and save you money on part replacement and repairs.
  • Installation Process: One of the most important things to understand when going solar is the installation process itself. Be sure to align on any details you need to know with your solar installer, such as what permits you should secure and what the project timeline is.
  • Contract: When reading through your solar company's contract, ask for clarification about any terms you're not sure of and be sure you understand what happens in scenarios like a system component breaking or the company going out of business.

Best National Provider

SunPower

★★★★★
5.0

  • Most efficient panels on the market
  • National coverage
  • Cradle to Cradle sustainability certification
  • Great warranty coverage
  • Expensive
  • Customer service varies by local dealer

Best Technology

The Green Panel

★★★★★
4.5

  • 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

Best for Leasing

Sunrun

★★★★★
4.0

  • Expansive service area
  • Many financing options
  • Some reported issues with customer service
  • Some reported issues with door-to-door sales

EcoWatch's Stratham, NH Solar Cost FAQs

What is the average cost of installing solar panels in Stratham?

The average cost of solar panels in Stratham 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 certain factors like the type 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 Stratham?

Leasing solar panels can be an option if you can't pay upfront or secure a solar loan, but since you don't own the system, you can't take advantage of 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 bang for your buck from going solar.

Can solar panels completely eradicate my power bills?

Solar panels can potentially eliminate your electricity bills depending on where you're located and how much sunlight your home gets. Even if it doesn't get rid of them completely, you can save a lot of money on your bills, about $984.23 per year.

How often do you have to replace solar panels?

Although the average lifespan of solar panels is 25 to 30 years, that doesn't mean they are completely unusable at that time. What this means is the amount of energy they produce will have decreased significantly after that point. You can opt to replace them after having them for that long or you can keep using them at a lower efficiency.

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.

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