Solar Panel Cost Guide in Warner, NH (2023 Update)
- Warner Solar Installation Cost: $10,144
- 25-Year Savings: $15,629
- Payback Period: 9.8 Years
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Updated September 15, 2023
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Average Cost of Solar Panels in Warner
See how much it might cost to install solar panels in Warner.
Although the national average of solar panels is $2.66 per watt, solar panels in Warner typically cost about 2.91. Since a 5.0-kW system is needed to cover the energy usage of a typical home in Warner, the average price of going solar will be about $10,144 after claiming the federal solar tax credit of 30%.
The prices above are just estimates to give you an idea of how much solar panels could cost. The true cost of going 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. But, after you've paid the initial cost of installation, the payback for most homeowners is usually rewarding, with a net average savings of about $20,000 over 20 years on energy bills.
To see your potential savings and connect with a local solar installer, click the button below.
Solar savings over time in Warner
| Year | Return on Investment |
|---|---|
| 1 years | $-10,058 |
| 3 years | $-9,886 |
| 5 years | $-9,714 |
| 7 years | $-9,542 |
| 9 years | $-9,370 |
| 11 years | $-9,199 |
| 13 years | $-9,027 |
| 15 years | $-8,855 |
| 17 years | $-8,683 |
| 19 years | $-8,511 |
| 21 years | $-8,339 |
| 23 years | $-8,168 |
| 25 years | $-7,996 |
Top Solar Installers in Warner
DIY solar panel installation is a possibility, but it's an undertaking that can be a headache. Using a solar company can make swapping over to solar power much easier. Plus, if you're unsure what type of solar panels and equipment you may need, a solar installer can help you figure that out after a site survey and consultation.
There are a number of licensed solar professionals that can take care of your solar installation project. Here are our suggestions:
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 Warner
Factors that Affect Solar Panel Costs in Warner
Though the average cost of a solar system in Warner is $10,144, your final cost may differ. There are several factors that can have a significant impact on the cost of a solar panel installation. Below are some of the more important things to take into consideration.
Solar Equipment
When it comes to estimating the price of a solar energy system in Warner, one of the most crucial factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are primarily based on your home's energy consumption, which you can gauge by looking at past energy bills. Your overall cost can increase by around $2,910 for each additional kilowatt you need. Some solar brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer better efficiency. In a city like Warner, where sunlight isn't as abundant, efficiency can quickly pay off. Plus, if you have a small roof or limited space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
If paying for a solar system out of pocket is too expensive, solar loans are a popular option because they lower your upfront costs and let you pay for your system over five to seven years on average. Even though solar loans make adopting solar energy more accessible for Warner homeowners, they can also increase the total you pay for your system, depending on your interest rate. If you make a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
The solar installer you opt for to handle your switch to sustainable energy can play a role in your total costs. There are about 3 solar installation companies operating in Warner, and each can charge different amounts for labor and equipment. The company's size can sometimes play the most considerable role in your total costs. Larger national companies, like SunPro and Sunrun, often have lower prices because they have access to more resources and better 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 companies.
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 | $18,342 | 10.2 years |
| 8 kW | $2.97 | $16,622 | $24,782 | 10.0 years |
| 10 kW | $2.91 | $20,370 | $31,385 | 9.8 years |
| 12 kW | $2.85 | $23,955 | $38,150 | 9.6 years |
| 14 kW | $2.79 | $27,377 | $45,079 | 9.4 years |
| 16 kW | $2.74 | $30,636 | $52,171 | 9.2 years |
| 18 kW | $2.68 | $33,733 | $59,425 | 9.1 years |
| 20 kW | $2.62 | $36,666 | $66,843 | 8.9 years |
How to Save on Solar Panels
Since the model of solar panels and the company you choose considerably influences your costs and your system's durability and efficiency, it's important to pick the right ones for you. Here are some tips to keep in mind to help with your decision:
- Solar Panel Brands: Each solar panel brand and model offers varying levels of quality, durability and energy efficiency. They will come at different prices as well. The company you choose has an impact on which solar panel brands you have access to.
- Contract: Read the contract terms carefully to make sure you understand the overall cost, project timeline rebates and warranties.
- Warranty: Warranties that provide coverage for panel repairs and maintenance over a long period of time such as 25 years are the best you can get in the business, and offering that kind of warranty is one mark of a good company.
- Installation Process: Homeowners should understand how exactly the installation process will be carried out, as well as important factors like the project 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 Warner, NH Solar Cost FAQs
How much does it cost to install solar panels in Warner?
This is a tough question to answer precisely, 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 higher quality panels, or if you have above-average energy consumption. On the flip side, you can spend less if you choose a smaller solar panel system or less expensive solar panels.
Should I lease or buy solar panels in Warner?
Leasing solar panels can be an appealing choice, because it typically comes with low or $0 upfront payments. The downside 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 tax rebates and credits and your home value won't increase. Buying solar panels is a better way to go if you want to maximize your savings.
How will having solar panels impact the value of my home?
Solar panels can increase your home value remarkably as long as you buy or finance your panels and don't go for a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% after installing a solar system."
How long do solar panels last in Warner?
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 higher 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.