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New Hampshire Incentives

123SolarPower connects North America’s largest network of energy efficient experts and solar power solutions. We have hundreds of professionals throughout the U.S. and Canada. We specialize in connecting homeowners and businesses with the best solar energy solutions. 123SolarPower is ready to assist you with solar panels for sale New Hampshire, panel installation, solar financing, pricing, and any related questions you may have.

New Hampshire Solar Power

Because New Hampshire’s average electricity price is the sixth highest in the United States, the savings provided by solar power present a very attractive opportunity. A renewable energy study found that solar power has the potential to produce 21% of the total electricity needed by the state. Several solar panels New Hampshire arrays have already been installed throughout the state. The first 50 kW array was installed in 2005 at the Stonyfield Farm yogurt factory. A 51 kW array solar panels NH installed by PSNH in 2009, followed by a massive 525 kW array at the Manchester Airport in 2012. Between 2007 and 2013, the total grid-connected PV capacity for New Hampshire increased all the way from 0.1 to 9.6. The state has a goal of producing 24.8% of all its energy from renewable sources by 2025. Residential solar panels New Hampshire is one of the ways the state can achieve this goal, while helping residents save on their utility bills.

State Tax Incentives

The state of New Hampshire offers solar power rebates of up to $3,750. The New Hampshire Public Utilities Commission runs this program. Any residential solar power system less than 5 kW is eligible for this rebate program. Currently, over eighty towns and cities throughout the state offer an increased property tax exemption for the value solar panels add to homes. New Hampshire also exempts solar panel and power system purchases from sales tax. Homeowners who install a solar power system will benefit from the state’s favorable net metering policy, which perpetually rolls over excess generation on a monthly basis against their utility costs. The state of New Hampshire offers solar power rebates of up to $3,750.

Federal Tax Incentives

In addition to what the state of New Hampshire offers, the federal government also provides a significant tax credit to homeowners who install a renewable energy system. Thanks to several additions since the Energy Policy Act’s introduction in 2005, the act currently offers a 30% federal tax credit. You can claim this credit by filing IRS Form 5695 with your federal tax return. If you calculate the credit and it’s larger than what you owe in taxes, the additional amount will be credited to you the following tax year.

Because of the financial incentives that are currently available at both the state and federal levels, now is best time to look into solar panel installation New Hampshire. Let our local experts show you just how much you can save with solar today. Don’t wait till the incentive money set aside has been claimed, be a leader in your community with 123SolarPower New Hampshire. Because of the financial incentives that are currently available at both the state and federal levels, now is best time to look into solar panel installation New Hampshire.

Help For All New Hampshire Residents

123SolarPower is your partner for solar energy solutions in New Hampshire. We work with the industry’s best providers of solar equipment. Installing a solar panel system for your home or business will provide many benefits. For free, competitive estimates of installation costs and more information about what savings are available when you buy solar panels New Hampshire simply fill out the above form to connect with one of our local professionals. You can also speak directly with someone on the 123SolarPower team by calling 800-294-2397. For free, competitive estimates of installation costs and more information about what savings are available when you buy solar panels New Hampshire simply fill out the above form to connect with one of our local professionals.

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Frequently Asked Questions

When making any modifications to the home, questions always arise. In order to discern whether adding solar panels is a good idea for a given home, having answers to the most frequently asked questions can help. These answers can not only help a homeowner decide whether or not to install solar panels on their home, but they may also help to alleviate some fears and/or concerns that homeowners have about solar power.

Will solar panels benefit my home if I do not have constant access to the sun?

It is a myth that only sunny places like California and Hawaii can benefit from the installation of solar panels. While solar panels do generate more power in areas that have more access to the sun, there are solar panels that are capable of capitalizing on diffused solar rays. These are the kind of solar rays that fall on overcast days.

What incentives are available to me?

There are many incentives in place to help convince homeowners to install solar panels. For example there are tax credits at both the state and federal levels. While the tax credit value varies by state, to the credit ranges to upwards of 25% on installation up to $1,000. Furthermore, most solar power devices are sales tax exempt. The federal tax credit is 30% on installation with no limit. For more information about tax incentives in your state, call 800-294-2397 to speak with a solar consultant.

What is the difference between on the grid and off the grid?

On the grid refers to one still being attached to the electric grid and essentially creates a solar/electric hybrid system. Off the grid refers to relying solely on solar power as the home is completely disconnected from any electric grid.

While solar panels may be expensive to install, the long-term savings (both personally and as a member of society) really outweigh the upfront costs. Moreover, the tax breaks available (through 2016) can also help to recoup some of the costs.

Adding solar panels to your home can benefit you in many ways—including tax credits and a decrease in your electric bill. For more information, please complete the online form or call 800-294-2397.

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