Solar Panel Cost Guide in Claremont, NH (2024 Update)
- Claremont Solar Installation Cost: $14,925
- 25-Year Savings: $16,508
- Payback Period: 13.9 Years
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Average Cost of Solar Panels in Claremont
Here’s how much it might cost to make the switch to solar in Claremont.
The national average cost of solar panels is $2.66 per watt, but in Claremont it’s 4 per watt.Using this figure, a typical 5.1-kW system would cost about $14,925 before the 0 federal solar tax credit is applied.
Bear in mind that the figures above are only estimates based on the average Claremont homeowner. The price of a solar system for your home may look different depending on factors unique to you, like your household energy use and solar contractor.Many homeowners find adopting solar power is a solid investment. The average homeowner in Claremont can save around $20,000 on their energy bills over 20 years.
You can click the button below to get connected with a vetted solar installer in Claremont for a quote for your home.
Solar savings over time in Claremont
| Year | Return on Investment |
|---|---|
| 1 years | $-13,518 |
| 3 years | $-10,704 |
| 5 years | $-7,891 |
| 7 years | $-5,077 |
| 9 years | $-2,263 |
| 11 years | $550 |
| 13 years | $3,364 |
| 15 years | $6,178 |
| 17 years | $8,991 |
| 19 years | $11,805 |
| 21 years | $14,619 |
| 23 years | $17,432 |
| 25 years | $20,246 |
Top Solar Installers in Claremont
Many homeowners decide to hire a solar installer since figuring out how to install solar panels by yourself can be hard. Because solar panels are exposed to the elements every day, warranties and repairs from your solar company can help you get the most out of your investment in solar panels by avoiding potential costs down the line.
If you're on the hunt for a solar company in Claremont, we've compiled a list of our top suggestions here:
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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 Claremont
Factors that Affect Solar Panel Costs in Claremont
There are several factors that can influence your solar system installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that performs the installation.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of going solar. Because of that, it’s important to accurately assess the size of the solar energy system needed for your home by figuring out your typical energy use.Some solar panel brands — like Maxeon from SunPower — are more costly upfront but also tend to offer higher efficiency. In a city like Claremont, where sunlight isn’t as abundant, efficiency can quickly pay off. Plus, if you have a small roof or you don’t have a lot of 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
For some homeowners, paying for a solar system out of pocket can be financially overwhelming. Solar loans are provided by most installers in Claremont, which can bring down, or in some cases eliminate, your upfront costs to make solar more accessible.You’ll have to consider the long-term cost of financing options, including the amount of interest you’ll pay over the length of the loan. If you’re only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or securing a solar loan with a low APR could reduce your costs remarkably.
Solar Panel Installation Company
The final major cost factor you should take into consideration is the installer you choose. Given the growing popularity of clean energy solutions in Claremont, you’ll have many options to choose from, but each comes at varying price points for labor and equipment.Larger national companies usually have lower costs, but some local companies compete with them by offering sales and discounts. While the smaller companies might not have access to 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 | $4.39 | $18,433 | $13,393 | 14.5 years |
| 8 kW | $4.30 | $24,105 | $18,330 | 14.2 years |
| 10 kW | $4.22 | $29,540 | $23,504 | 13.9 years |
| 12 kW | $4.14 | $34,739 | $28,913 | 13.6 years |
| 14 kW | $4.05 | $39,702 | $34,560 | 13.4 years |
| 16 kW | $3.97 | $44,428 | $40,442 | 13.1 years |
| 18 kW | $3.88 | $48,918 | $46,561 | 12.8 years |
| 20 kW | $3.80 | $53,172 | $52,916 | 12.5 years |
How to Save on Solar Panels
Since the kind of solar panels and the company you choose considerably influences your costs and your system’s efficiency, production, and durability, it’s important to select the right ones for you. Here are some things to keep in mind to help with your decision:
- Warranty: A quality company stands out from other companies by providing the gold standard warranty — a 25-year, all-inclusive warranty covering parts, labor and performance.
- Contract: Although reading through a contract can be tedious, it’s important to do it carefully so you can make sure you understand how much the equipment and services will cost and how part repairs and replacements will be handled.
- Installation Process: One of the most important things to understand when adopting solar energy is the installation process itself. Be sure to align on any details you need to know with your solar company, such as what permits you should secure and what the project timeline is.
- Reputation: Companies that have been in business for many years likely have a good 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.
Best National Provider
SunPower
- Most efficient panels on the market
- National coverage
- Cradle to Cradle sustainability certification
- Great warranty coverage
- Expensive
- Customer service varies by local dealer
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 Claremont, NH Solar Cost FAQs
What is the average cost of installing solar panels in Claremont?
The average cost of solar panels in Claremont is about $21,100 for a 5-kW system and $42,200 for a 10-kW system before the ITC, but the actual cost will depend on stuff like the type of solar panels you want, what size system you need and how much energy you consume.
Can you get solar panels for free in Claremont?
Solar panels aren’t free in Claremont, but there are some options that can make getting them more viable, such as leasing solar panels or getting a solar loan. There may also be local programs or incentives that can help lower the cost.
Does Claremont have a net metering program?
Each state has some kind 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 give you credit toward your future energy bills.
What solar power system size is right for my home?
To figure out how many solar panels you need, you should find out how much energy your home needs and how much sunlight your home gets. For a general estimate, however, since each panel can typically produce about 250 to 400 watt-hours per hour, the average home will need 20 to 35 panels.
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.