Solar Panel Cost Guide in Wilton, NH (2024 Update)
- Wilton Solar Installation Cost: $14,627
- 25-Year Savings: $14,914
- Payback Period: 14.6 Years
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Average Cost of Solar Panels in Wilton
We break down average solar pricing in Wilton.
The average cost of a solar system in Wilton is 4 per watt.Because a 5.0-kW system is needed to cover the energy costs of a typical home in Wilton, the average price of going solar will be about $14,627 after claiming the federal solar tax credit of 0.
The actual price you pay can go higher or lower than the average in Wilton based on several factors, such as the type of solar panels you choose and the solar company you hire.Even with the high initial cost, the average Wilton homeowner can save around $19,000 on their energy bills over 20 years, which is one of the benefits of solar.
Click the button below to get connected to a highly rated solar company in Wilton for a custom quote.
Solar savings over time in Wilton
| Year | Return on Investment |
|---|---|
| 1 years | $-13,220 |
| 3 years | $-10,406 |
| 5 years | $-7,593 |
| 7 years | $-4,779 |
| 9 years | $-1,966 |
| 11 years | $848 |
| 13 years | $3,662 |
| 15 years | $6,475 |
| 17 years | $9,289 |
| 19 years | $12,103 |
| 21 years | $14,916 |
| 23 years | $17,730 |
| 25 years | $20,544 |
Top Solar Installers in Wilton
Although it's possible to install solar panels yourself, it involves extra labor and handiness. Because of that, most homeowners choose to go with a solar panel installer. Some solar installers, especially local ones, can help you better understand incentives in Wilton, therefore optimizing your ROI.
Working with a vetted solar installer can help you make the most of your investment in solar. Here are our recommendations:
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
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 Wilton
Factors that Affect Solar Panel Costs in Wilton
Even though the average cost of a solar system in Wilton is $14,627, your final cost may differ. There are several factors that can have a sizable impact on the cost of a solar system installation. Below are some of the more crucial things to keep in mind.
Solar Equipment
The cost of solar panel systems varies by thousands of dollars due to a few different factors. One of the major factors is the system size, which is measured in kilowatts (kW). Solar power systems that have higher efficiency or power generation need better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $4,220.There are several different solar panel brands and the one you pick also affects the cost. In many cases, the brands that are more efficient tend to also be more expensive. Plus, the type of equipment you’re looking to install can affect your total cost. If you just need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
If paying for solar panels out of pocket is too expensive, solar loans are a solid route because they reduce your upfront costs and allow you to pay for your system over a term of, on average, between five and seven years.However, the interest on solar loans also adds to your all-in costs, so it’s vital to include that in your estimate as well. You can always lower 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 company you choose will affect your total cost to go solar. Different companies will charge different amounts for the equipment and labor.Some companies only sell high-quality, high-efficiency and high-price products — 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 provides the products, warranties and services you’re looking for and also fit into 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 | $4.39 | $18,433 | $11,861 | 15.2 years |
| 8 kW | $4.30 | $24,105 | $16,287 | 14.9 years |
| 10 kW | $4.22 | $29,540 | $20,950 | 14.6 years |
| 12 kW | $4.14 | $34,739 | $25,848 | 14.3 years |
| 14 kW | $4.05 | $39,702 | $30,984 | 14.0 years |
| 16 kW | $3.97 | $44,428 | $36,355 | 13.7 years |
| 18 kW | $3.88 | $48,918 | $41,963 | 13.5 years |
| 20 kW | $3.80 | $53,172 | $47,807 | 13.2 years |
How to Save on Solar Panels
The solar installer you opt for will be a major factor in determining not only your total costs, but also the types of solar panel brands, warranties, and other equipment you can get. When choosing a solar company, there are some important things you should take into account, including:
- Contract: Look through the contract terms thoroughly to make sure you understand how much it will cost, project completion timeline incentives and warranties.
- Solar Panel Brands: Different companies will have various brands and models of panels. If you know you want a specific brand, make sure the solar panel company you’re considering has it.
- Reputation: Long-running companies likely have a high reputation. This is important because it ensures that it will not only see your solar project through, but will also provide adequate aftercare and customer service, such as part repairs and replacements.
- Installation Process: Get details from your solar company about the installation process and what to expect, such as when the site survey will be completed and how long it will take.
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
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 Wilton, NH Solar Cost FAQs
How much does it cost to install solar panels in Wilton?
The average cost of solar panels in Wilton is about $21,100 for a 5-kW system and $42,200 for a 10-kW system before the ITC, but the real cost will depend on certain factors like the model of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in Wilton?
A solar panel system isn’t free in Wilton, but there are some options that can make getting them more affordable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.
Do solar panels increase the value of your home?
Solar panels can increase your property’s value remarkably as long as you buy or finance your panels and don’t choose a solar lease or power purchase agreement (PPA). According to research done by Zillow, the average home value increases by about 4.1% with a solar installation."
What solar power system size is right for my home?
The exact number of solar panels you need depends on your household energy consumption and the average daily sunlight your roof gets. You can look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to buy between 20 and 35 panels to account for their typical energy usage.
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.