Solar Panel Cost Guide in Tilton, NH (2024 Update)
- Tilton Solar Installation Cost: $14,614
- 25-Year Savings: $16,723
- Payback Period: 13.6 Years
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Average Cost of Solar Panels in Tilton
We break down average solar pricing in Tilton.
Although the national average of solar panels is $2.66 per watt, solar panels in Tilton typically cost about 4.To account for the typical energy usage of the average home in Tilton, most homeowners require a 4.9-kilowatt system. Using the figure above, a solar installation costs about $14,614, or $20,898 before the federal solar tax credit of 0 is applied.
The prices above are just estimates to give you an idea of the cost of a solar energy system. The actual cost of installing solar panels can vary depending on several factors, such as what size system you need, your energy consumption and what solar installer you go with.Many homeowners find adopting solar power is a fruitful investment. The average homeowner in Tilton can save around $21,000 on their power bills over 20 years.
To receive a free quote from a vetted solar installation company in Tilton, you can click the button below.
Solar savings over time in Tilton
| Year | Return on Investment |
|---|---|
| 1 years | $-13,207 |
| 3 years | $-10,393 |
| 5 years | $-7,580 |
| 7 years | $-4,766 |
| 9 years | $-1,952 |
| 11 years | $861 |
| 13 years | $3,675 |
| 15 years | $6,488 |
| 17 years | $9,302 |
| 19 years | $12,116 |
| 21 years | $14,929 |
| 23 years | $17,743 |
| 25 years | $20,557 |
Top Solar Installers in Tilton
Installing solar panels yourself can be a dangerous task, which is why getting a solar installer is a good option for many homeowners. Since solar panels are exposed to rain, snow, hail and wind, depending on the climate, warranties and repairs from your solar company can help you get the most out of your investment in solar panels by reducing potential costs down the line.
If you're looking for a solar company in Tilton, the EcoWatch team has organized 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 Tilton
Factors that Affect Solar Panel Costs in Tilton
There are many factors that can play into your solar panel installation cost, such as the size of your system, the equipment you choose, your financing options and the specific company that does the installation.
Solar Equipment
System size, which is measured in kilowatts, is one of the largest factors that affects the overall cost of installing solar panels. For that reason, it’s crucial to accurately gauge the size of the solar energy system needed for your home by figuring out your average energy use.The kind of solar equipment you choose can bring your price up or down by thousands or even tens of thousands of dollars. If you choose the most efficient solar panel brands, you’ll end up paying more upfront than if you opted for the most affordable panels. On the other hand, more efficient panels could save you more over time on your electric bills. In addition, extra products, like solar batteries, can bring your total well above the Tilton average.
Solar Financing Terms
Many homeowners find the average cost of solar in Tilton to be too expensive, even if the investment pays off over time. Thankfully, almost every solar company in the area offers financing options. Solar loans greatly decrease upfront costs for most homeowners, but they also lead to higher prices over time because of interest.However, the interest on solar loans also increases your total costs, so it’s important to take that into consideration as well. You can always bring down the total you pay in interest and possibly even your APR by making a larger down payment.
Solar Panel Installation Company
The solar company you select will influence your total cost to go solar. Different companies will charge different amounts for the equipment and labor.The company’s size sometimes plays the most significant role in the cost of installation. Larger national companies, like SunPro and Sunrun, often have lower pricing because of access to more resources and bulk pricing. Smaller local companies might be more costly, but they can sometimes have better customer service and more customization options, and the occasional sale or discount can bring their pricing down to compete with bigger companies.
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 | $14,070 | 14.2 years |
| 8 kW | $4.30 | $24,105 | $19,233 | 13.9 years |
| 10 kW | $4.22 | $29,540 | $24,632 | 13.6 years |
| 12 kW | $4.14 | $34,739 | $30,268 | 13.4 years |
| 14 kW | $4.05 | $39,702 | $36,139 | 13.1 years |
| 16 kW | $3.97 | $44,428 | $42,248 | 12.8 years |
| 18 kW | $3.88 | $48,918 | $48,592 | 12.5 years |
| 20 kW | $3.80 | $53,172 | $55,173 | 12.3 years |
How to Save on Solar Panels
There are a large number of companies to choose from in Tilton, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be tough, so here are some tips to help you decide:
- Solar Panel Brands: Different companies carry different brands and models of panels. If you want a specific brand, make sure the solar panel installer you’re considering has it.
- Installation Process: Get detailed information from your solar company about the installation process and what to expect, including when the site survey will be done and what the project timeline is.
- Contract: It’s important to read your solar installer’s contract well to understand what services they will provide, what the warranty covers and what expectations you should have about your solar system’s energy production.
- Reputation: Your solar installer should have a sound reputation as a company and have proven expertise in the field. Two ways to check this are to look for whether a company has technicians certified by the North American Board of Certified Energy Practitioners (NABCEP) and if it has satisfied reviews from past customers.
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 Tilton, NH Solar Cost FAQs
How much does it cost to install solar panels in Tilton?
The average cost of solar panels in Tilton 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 things such as the model of solar panels you want, what size system you need and how much energy you use.
Is cost the most important thing to consider when buying solar panels?
Cost is without a doubt one of the most important factors you should consider when buying solar panels, but other important factors include efficiency, durability, and quality.
How will having solar panels impact the value of my home?
Solar panels can increase your home value considerably as long as you buy or finance your panels and don’t go for 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."
How often do you have to replace solar panels?
On average, solar panels can last about 25 to 30 years. Some even last up to 50 years, but their efficiency decreases by about 0.8% each year. You can choose to replace them sooner if you want to maintain a higher amount of energy production.
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.