Solar Panel Cost Guide in Henniker, NH (2024 Update)

  • Henniker Solar Installation Cost: $14,710
  • 25-Year Savings: $15,115
  • Payback Period: 14.6 Years

See cost of a solar system near you:

By EcoWatch Local Advisors

Data Analysis: James Savino

Ranking Methodology: Karsten Neumeister

Updated February 03, 2024

Why you can trust EcoWatch

We work with a panel of solar experts to create unbiased reviews that empower you to make the right choice for your home. No other site has covered renewables as long as us, which means we have more data and insider information than other sites. Our rankings are never affected by revenue or partnerships.

Average Cost of Solar Panels in Henniker

Find out what the average cost of a solar system is in Henniker.

Although the national average of solar panels is $2.66 per watt, solar panels in Henniker generally cost about 4.The average solar panel system size in Henniker is around 5.0 kilowatts, meaning a cost of about $14,710 for a solar installation, or $21,035 before the 0 federal solar tax credit is applied.

How much you pay can be above or below the average in Henniker based on a few factors, such as the kind of solar panels you choose and the solar contractor you hire.For most homeowners, the upfront cost of solar power is worth paying. On average homeowners in Henniker see about $19,000 in savings on energy bills over 20 years.

You can click the button below to get connected with a pre-vetted solar installer in Henniker for a quote for your home.

Solar savings over time in Henniker

Year Return on Investment
1 years $-13,303
3 years $-10,489
5 years $-7,676
7 years $-4,862
9 years $-2,048
11 years $765
13 years $3,579
15 years $6,392
17 years $9,206
19 years $12,020
21 years $14,833
23 years $17,647
25 years $20,461

Top Solar Installers in Henniker

Many homeowners opt for a solar installer since installing solar panels on your own can be a lot of work. Another upside of utilizing a solar installer is that they can help you maximize your ROI by bringing down your future costs of repairs and replacements because of warranties and informing you of local incentives you can take advantage of.

If you're looking for a solar company in Henniker, the EcoWatch team has compiled a list of our top suggestions here:

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 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

Best Technology

Tesla Energy

★★★★★
3.2

  • 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 Henniker

Factors that Affect Solar Panel Costs in Henniker

There are several criteria that can influence your solar panel 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

The cost of solar panels varies by thousands of dollars due to some different factors. One of the main factors is the system size, which is measured in kilowatts (kW). Solar power systems with greater efficiency or power generation 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 $4,220.The brand and type of equipment you choose for your solar system can increase or decrease the price quite significantly. If you prefer a trusted brand name like Tesla or SunPower, these are often more expensive than other brands. Efficiency also matters. Whether you’re opting for high efficiency because you have limited roof space or just want maximum energy production, you can expect a higher equipment cost, but this can typically lead to more savings over time. Also, if you want additional equipment like an electric vehicle charger or solar batteries, this will also increase the cost.

Solar Financing Terms

Most solar installers in Henniker provide solar loans, which reduce the initial cost of installing solar panels.It’s a good idea to factor the interest you’ll pay in your final cost estimate. If you can afford to pay a higher down payment, you can reduce your total costs and the amount of time it’ll take to pay back the loan.

Solar Panel Installation Company

The solar company you hire to handle your switch to sustainable energy can play a part in your total costs. There are about 3 solar installation companies in Henniker, and each can charge varying amounts for labor and equipment.Additionally, some companies in Henniker have more knowledge about local solar incentives and can help you learn about additional rebates or tax exemptions. Though, they may charge more for walking you through the whole process. Even if they cost more upfront, they could end up saving you more money in the long run.

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 $12,001 15.1 years
8 kW $4.30 $24,105 $16,473 14.9 years
10 kW $4.22 $29,540 $21,183 14.6 years
12 kW $4.14 $34,739 $26,128 14.3 years
14 kW $4.05 $39,702 $31,310 14.0 years
16 kW $3.97 $44,428 $36,728 13.7 years
18 kW $3.88 $48,918 $42,382 13.4 years
20 kW $3.80 $53,172 $48,273 13.1 years

How to Save on Solar Panels

There are numerous companies available in Henniker, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be challenging, so here are some tips to help you decide:

  • Reputation: Solar system installers that have great reviews from their customers and that have been in business for many years most likely offer good-quality solar panel installation and expertise.
  • Contract: Review the contract terms thoroughly to make sure you understand how much it will cost, completion timeline rebates and warranties.
  • Warranty: If you care about the durability of your solar panel system, ensuring your company offers a 25-year, all-inclusive warranty can give you some peace of mind.
  • Installation Process: Make sure you’re aligned with the company in regard to how the installation process will go and what you need to do before your solar panels are installed, such as updating your electrical system or roof.

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 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

Best Technology

Tesla Energy

★★★★★
3.2

  • 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 Henniker, NH Solar Cost FAQs

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

The average cost of solar panels in Henniker 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 certain factors such as the model of solar panels you want, what size system you need and how much energy you use.

Are solar panels free in Henniker?

You can’t get solar panels for free in Henniker. However, you may still be able to afford them on a lower budget. You can lease solar panels for a low upfront cost or, if you’d rather own your solar panels, you can finance them with a solar loan.

Is making the switch to solar worth it?

Whether or not solar panels are worth it depends on a variety of factors like how much you pay for electricity and how much direct sunlight your roof gets.

How many solar panels should I get to power my home?

The exact number of solar panels you need depends on your household energy consumption and the amount of 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 cover 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.

Follow us