Solar Panel Cost Guide in Weare, NH (Jan 2023)
- Weare Solar Installation Cost: $10,083
- 25-Year Savings: $14,917
- Payback Period: 10.1 Years
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Updated January 20, 2023
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Average Cost of Solar Panels in Weare
We go over average solar pricing in Weare.
The national average cost of solar panels is $2.66 per watt, but in Weare it's $3 per watt. The average Weare homeowner needs a 5.0-kilowatt system, which would cost about $10,083, or $7,461 after the federal solar tax credit of 30% is applied.
These figures are just estimates, and your own solar costs will most likely vary based on the amount of energy your home requires and what company you want to go with. But, after you've paid the upfront cost of installation, the return on investment for most homeowners is usually fruitful, with a net average savings of about $19,000 over 20 years on energy bills.
To calculate your potential savings and connect with a local solar expert, click the button below.
Solar savings over time in Weare
Year | Return on Investment |
---|---|
1 years | $-9,083 |
3 years | $-7,083 |
5 years | $-5,083 |
7 years | $-3,083 |
9 years | $-1,083 |
11 years | $917 |
13 years | $2,917 |
15 years | $4,917 |
17 years | $6,917 |
19 years | $8,917 |
21 years | $10,917 |
23 years | $12,917 |
25 years | $14,917 |
Top Solar Installers in Weare
Do-it-yourself solar panel installation is a way to cut costs, but it's an undertaking that can use up a lot of your time and energy. Going with a solar company can make your swap to solar power much easier. Companies can also have access to various kinds of the best solar panels and help you choose which one will be best for you.
There are various 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 Weare
Factors that Affect Solar Panel Costs in Weare
While the average cost of a solar system in Weare is $10,083, your final cost may be above or below the average. There are many factors that can have a significant impact on the cost of a residential solar panel installation. Below are some of the more important things to consider.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to some different factors. One of the notable factors is the system size, which is measured in kilowatts (kW). Solar power systems with better efficiency or power production require better technology and/or more equipment, both of which can increase costs. For each additional kilowatt you need, your cost can go up by about $2,910. Some solar panel brands — like Maxeon from SunPower — cost more upfront but also tend to offer better efficiency. In a city like Weare, 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 a better option. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Most solar companies in Weare provide solar loans, which reduce the initial cost of installing solar panels. However, the interest on solar loans also increases your overall costs, so it's vital to keep that in mind as well. You can always reduce the total you pay in interest and in some cases even your APR by making a larger down payment.
Solar Panel Installation Company
The solar installer you go with to handle your switch to green energy can have an effect on your total costs. There are about 3 solar panel companies in Weare, and each can charge varying amounts for labor and equipment. Larger national companies typically have lower costs, but some local companies undercut them by promoting sales and discounts. While the smaller companies might not have specific equipment options like Tesla Powerwall batteries or additional services like electric vehicle charger installation, they might be cheaper overall.
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 | $17,583 | 10.5 years |
8 kW | $2.97 | $16,622 | $23,770 | 10.3 years |
10 kW | $2.91 | $20,370 | $30,120 | 10.1 years |
12 kW | $2.85 | $23,955 | $36,632 | 9.9 years |
14 kW | $2.79 | $27,377 | $43,308 | 9.7 years |
16 kW | $2.74 | $30,636 | $50,147 | 9.5 years |
18 kW | $2.68 | $33,733 | $57,148 | 9.3 years |
20 kW | $2.62 | $36,666 | $64,313 | 9.1 years |
How to Save on Solar Panels
The solar installer you choose will influence not only your total costs, but also the kinds of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are a few important things you should consider, such as:
- Warranty: Many companies offer different types of warranties that cover different things. A 25-year, all-inclusive warranty is the gold standard.
- Contract: Look through the contract terms thoroughly to make sure you understand how much it will cost, completion timeline incentives and warranties.
- Solar Panel Brands: Each solar panel brand and type offers varying levels of quality, longevity and efficiency. They will come at different costs as well. The company you choose impacts which solar panel brands you have access to.
- Installation Process: When making the switch to solar power, it's necessary to keep an open line of communication with your solar panel installer. Make sure you understand how the installation process will go and 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 Weare, NH Solar Cost FAQs
How much does it cost to install solar panels in Weare?
The average cost of solar panels in Weare 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 things such as the model of solar panels you want, what size system you need and how much energy you use.
Is cost the most important thing to consider when buying solar panels?
The initial cost is a very important factor to consider, but whether it's the most important for you depends on your goals for going solar. In cities where rooftop space is limited, efficiency can be more important than the cost. Other factors that are important to take into account are the quality and durability of your solar panels.
Can you sell solar power back to the grid in Weare?
Most states offer net metering programs of some kind. Through these, you can either be compensated for the extra power your system generates or or receive credits to put toward future utility bills. Currently there are just three states that don't have any net metering laws: Alabama, Tennessee and South Dakota.
How often do you have to replace solar panels?
Though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they should be disposed of at that time. What this means is how much energy they produce will have decreased significantly after that point. You can decide to replace them once you've had them for that long or you can continue to use 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.