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

  • Moultonborough Solar Installation Cost: $14,725
  • 25-Year Savings: $18,446
  • Payback Period: 12.9 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

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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 Moultonborough

Let’s have a look at the average cost of solar in Moultonborough.

The national average cost of solar panels is $2.66 per watt, but in Moultonborough it’s 4 per watt.Since a 5.0-kW system is needed to cover the energy usage of a typical home in Moultonborough, the average price of going solar will be about $14,725 after claiming the federal solar tax credit of 0.

The actual price you pay can go higher or lower than the average in Moultonborough based on a variety of factors, such as the kind of solar panels you choose and the solar company you hire.Many homeowners find adopting solar power is a fruitful investment. The average homeowner in Moultonborough can save about $22,000 on their electricity bills over 20 years.

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

Solar savings over time in Moultonborough

Year Return on Investment
1 years $-13,229
3 years $-10,237
5 years $-7,246
7 years $-4,254
9 years $-1,263
11 years $1,728
13 years $4,720
15 years $7,711
17 years $10,703
19 years $13,694
21 years $16,686
23 years $19,677
25 years $22,669

Top Solar Installers in Moultonborough

DIY solar panel installation is a choice some homeowners opt for, but it's an undertaking that can use up a lot of your time and energy. Hiring a solar company can make converting to solar power much easier. Another perk of utilizing a solar installer is that they can help you make the most of your return of investment by lowering your future costs of repairs and replacements because of warranties and helping you learn about local incentives you can take advantage of.

You can get a free quote from a local solar installer on the cost of solar panels for your home. Here are some nearby:

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 Moultonborough

Factors that Affect Solar Panel Costs in Moultonborough

Cost is typically one of the most important factors for homeowners considering investing in solar. There are a few major factors that affect your total cost in Moultonborough: solar equipment and system size, financing options and the solar installation company you choose. We’ll cover each of these briefly below.

Solar Equipment

The cost of solar panels varies by thousands of dollars due to a variety of factors. One of the notable factors is the system size, which is measured in kilowatts (kW). Solar power systems that have better efficiency or power generation require 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.Some solar panel brands — like Maxeon from SunPower — are more expensive upfront but also tend to offer higher efficiency. In a city like Moultonborough, where sunlight isn’t as abundant, efficiency can quickly pay off. In addition, 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

For some homeowners, paying for a solar system out of pocket can be challenging. Solar loans are provided by most installers in Moultonborough, which can bring down, or in some cases eliminate, your upfront costs to make solar more affordable.When considering your overall cost, you should also calculate the interest you’ll pay if you go with a solar loan. Also, paying more on your down payment can lower the total interest paid over time.

Solar Panel Installation Company

Finally, the company you opt for to install your solar panel system can influence how much you pay. Moultonborough’s solar companies all have different labor costs and add varying upcharges to equipment. Additionally, some companies in Moultonborough have more knowledge about local solar incentives and can help you learn about additional rebates or tax exemptions. However, they may charge more for that service. Even if they cost more upfront, they could help you save 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 $15,992 13.4 years
8 kW $4.30 $24,105 $21,795 13.1 years
10 kW $4.22 $29,540 $27,835 12.9 years
12 kW $4.14 $34,739 $34,111 12.6 years
14 kW $4.05 $39,702 $40,623 12.4 years
16 kW $3.97 $44,428 $47,371 12.1 years
18 kW $3.88 $48,918 $54,356 11.8 years
20 kW $3.80 $53,172 $61,577 11.6 years

How to Save on Solar Panels

Since the model of solar panels and the installer you choose considerably impacts your costs and your system’s efficiency, production, and durability, it’s important to select the right ones for you. Here are some tips to keep in mind to help with your decision:

  • Installation Process: Make sure you’re on the same page with the installer in regard to how the installation process will go and what needs to be done before your solar system is installed, such as updating your electrical system or roof.
  • Reputation: Make sure your solar system installer has a good reputation by confirming it has certifications and licenses, checking its number of years in business and reading reviews by previous customers and solar experts like EcoWatch.
  • Solar Panel Brands: Each solar panel brand and kind offers varying levels of quality, durability and efficiency. They will come at different prices as well. The company you choose impacts which solar panel brands you have access to.
  • Contract: Review the contract terms carefully to make sure you understand how much it will cost, project timeline rebates and warranties.

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 Moultonborough, NH Solar Cost FAQs

How much does it cost to install solar panels in Moultonborough?

This is a hard question to answer precisely, because the cost depends on a few different factors. Broadly speaking, it costs about $21,100 for a 5-kW system and $42,200 for a 10-kW system after the ITC is applied. It will be more expensive if you want additional solar equipment or more efficient panels, or if you have above-average energy usage. Conversely, you can spend less if you choose a smaller solar panel system or less expensive solar panels.

Are solar panels free in Moultonborough?

You can’t get solar panels for free in Moultonborough. However, you may still be able to install 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.

Does Moultonborough have a net metering program?

Each state has some kind of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just give you credit toward your future power bills.

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

The exact number of solar panels you need depends on your household energy usage and the amount of sunlight your roof gets. You can take a 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 install 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.

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