Why go solar in New Hampshire
Over 19,000 New Hampshire homeowners* have already gone solar, and for good reason! Installing solar can give you the freedom to keep your home running during the day, while batteries can store excess energy to use after the sun sets. Even in the event of a power outage, you can remain connected. It is a quickly growing market, and there is potential to save on your monthly energy bill. By installing solar you can invest into your home and potentially increase its property value.
Solar incentives in New Hampshire
New Hampshire offers the Renewable Energy Generation Incentive Program, a rebate program for residential renewable electric generating systems with a generating capacity rated at 10kw or under. The Renewable Energy Property Tax Exemption permits cities to offer exemptions from local property taxes for certain renewable energy installations. New Hampshire is also one of the few states that offers Renewable Energy Certificates (RECs), which are energy commodities that can be sold to electrical utilities. Certain New Hampshire utilities offer net metering, which provides solar owners with credits when they generate excess electricity that is sent back to the power grid.
New Hampshire homeowners are also eligible for the Solar Investment Tax Credit (ITC).*** The ITC allows you to deduct 26 percent of the cost of installing a solar energy system from your federal taxes.