Solar Panel Cost Guide in South Hooksett, NH (2024 Update)
- South Hooksett Solar Installation Cost: $14,710
- 25-Year Savings: $14,001
- Payback Period: 15.2 Years
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Average Cost of Solar Panels in South Hooksett
Find out what the average cost of solar panel installation is in South Hooksett.
In South Hooksett, solar panels cost about 4 per watt on average.Using this figure, a typical 5.0-kW system would cost about $14,710 before the 0 federal solar tax credit is applied.
How much you pay can go above or below the average in South Hooksett based on several factors, such as the kind of solar panels you choose and the solar installer you hire.With typical savings of about $18,000 on power bills over 20 years, many homeowners in South Hooksett find going solar can be quite rewarding.
You can click the button below to get connected with a pre-vetted solar company in South Hooksett for a quote for your home.
Solar savings over time in South Hooksett
| 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 South Hooksett
When switching to solar energy, many homeowners decide to hire a solar installation company since overseeing your solar installation yourself can be a difficult project. Solar installers provide key benefits that can help you maximize your investment, like warranties, monitoring and free repairs.
Working with a licensed solar company can make going solar easier. Here are our recommendations:
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 South Hooksett
Factors that Affect Solar Panel Costs in South Hooksett
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 South Hooksett: solar equipment and system size, financing options and the solar installation company you choose. We’ll cover each of these briefly below.
Solar Equipment
When it comes to estimating the price of a solar system in South Hooksett, one of the most important factors is the size of the system you need. Solar systems are sized by kilowatts (kW) and are largely based on your home’s energy usage, which you can determine by looking at past power bills. Your total cost can increase by about $4,220 for each additional kilowatt you need.The brand and type of equipment you choose for your solar system can raise or lower 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. Plus, if you want extra equipment like an electric vehicle charger or solar batteries, this will also raise 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 South Hooksett, which can lower, or in some cases completely eliminate, your upfront costs to make solar more accessible.However, the interest on solar loans also increases your all-in costs, so it’s important to consider that 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 panel installation company you pick will influence your total cost to go solar. Different companies will charge different amounts for the equipment and labor.Additionally, some companies in South Hooksett are more knowledgeable about local solar incentives and can help you make good use of 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 | $10,659 | 15.8 years |
| 8 kW | $4.30 | $24,105 | $14,684 | 15.5 years |
| 10 kW | $4.22 | $29,540 | $18,946 | 15.2 years |
| 12 kW | $4.14 | $34,739 | $23,444 | 14.9 years |
| 14 kW | $4.05 | $39,702 | $28,179 | 14.6 years |
| 16 kW | $3.97 | $44,428 | $33,149 | 14.3 years |
| 18 kW | $3.88 | $48,918 | $38,356 | 14.0 years |
| 20 kW | $3.80 | $53,172 | $43,800 | 13.7 years |
How to Save on Solar Panels
The solar company you choose will affect not only your overall costs, but also the types of solar panel brands, warranties, and other equipment you have access to. When choosing a solar company, there are some important things you should keep in mind, such as:
- Solar Panel Brands: Homeowners will have different preferences for panels depending on their locations and how much efficiency they need. Although there are many options for which brand of solar panel you can get, not every company will have the exact one you may want or need, so make sure you peruse their list of offerings before deciding.
- Reputation: Solar companies that have great reviews from their customers and that have been operating for many years likely offer good-quality solar panel installation and expertise.
- Contract: Look through the contract terms thoroughly to make sure you understand the cost breakdown, completion timeline rebates and warranties.
- Installation Process: Get details from your solar company about the installation process and what to expect, such as when the site survey will be done and how long it will take.
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 South Hooksett, NH Solar Cost FAQs
What is the average cost of installing solar panels in South Hooksett?
The average cost of solar panels in South Hooksett 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 such as the model of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in South Hooksett?
You can’t get solar panels for free in South Hooksett. 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 prefer to own your solar panels, you can finance them with a solar loan.
How will having solar panels impact how much my home is worth?
Solar panels can increase the value of your home considerably 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% after installing a solar system."
What solar power system size is right for my home?
To figure out how many solar panels you need, you need to know how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can usually produce about 250 to 400 watt-hours per hour, the average household 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.