New Hampshire Solar Panels
New Hampshire solar panels can produce a small percentage of the state’s electricity. A number of state renewable requirements and declining prices have spurred some solar power installations. But many people are still unsure whether solar panels are right for them. In New Hampshire, solar panels are not a good option for every home.
The federal solar tax credit is one of the most significant incentives for installing nh solar panels. This credit can cover up to 26% of the cost of solar installation. This means that the best time to install solar panels in New Hampshire is now. If you wait, the incentives for solar panels will be gone. New Hampshire utility companies will also pay you for the excess energy you produce with your solar panels. You’ll be credited with this avoided cost rate when you pay your electric bill.
Solar power in New Hampshire is a relatively new industry. The state has a small number of solar arrays. However, the state has many renewable energy requirements, so there are some incentives for solar power installation in New Hampshire. If you’re interested in installing solar panels in your home, contact a New Hampshire solar power installer for a free quote.
New Hampshire Solar Panels – Are Solar Panels Right For Your Home?
Installing solar panels will cost you a small investment up front, but the benefits of going solar will pay off in a short period of time. Installing a solar energy system will help you lower your power bill, which can save you thousands of dollars each year. Moreover, you can even sell your excess energy back to the power grid.
In New Hampshire, a residential solar system costs about $12,556 after the federal solar tax credit. But this price may differ in different areas of the state. The cost of a solar panel system will depend on how much energy you consume and the size of the system you install. Larger systems are more expensive than smaller ones. The price may also be affected by the brand of panels.
New Hampshire’s climate is ideal for solar power generation. It receives 33% more sunshine than Germany. Germany is one of the world’s leaders in solar energy adoption. New Hampshire’s cold weather means that solar panels in the state produce the most power during the fall and spring months. Despite the cold climate, winters in the state are mild, which makes them ideal for solar energy generation.
A solar panel array can save municipalities hundreds of thousands of dollars per year. Typically, solar panels have a twenty to thirty-five year lifespan. In addition to reducing energy costs, the arrays can also increase property values. This can make solar energy systems an excellent investment for the long-term.
If you are thinking about installing solar panels on your home, you might want to check out the state’s solar incentives and tax credits. The state offers a tax credit for solar systems that generate up to five kW. These rebates are as much as 30% of the costs of the system.