LIVE FREE WITH SOLAR
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.
Save on energy
New Hampshire has some of the most expensive electricity rates in the nation.* This is in part due to high time of use rates (TOU). Electricity is the most expensive when you really need it. Rather than pay the varying rates, you can run off of sunshine during the day. At night, you can power your home using batteries. This can help prevent you from using power from the grid. You may only have to pay the minimum bill.
Be prepared for outages
Power outages may become more common as the New Hampshire population increases. Harsh winds and storms can cause unforeseen outages, while other outages may be scheduled. Schedules or not, outages are inconvenient. If you have a solar system with batteries you don’t have to worry about being left in the dark. Your batteries will help you stay powered. Talk to your dealer about what batteries are right for your system.
Preserve New Hampshire’s outdoors
New Hampshire is an outdoor escapade filled with zip lines, rafting, snow sports, and trails. Many homeowners go solar to preserve the outdoor beauty of the state. By going solar, you reduce greenhouse gas emissions from your environment. If you can reduce your use of traditional fossil fuels, you can preserve your state for future generations.
Have predictable payments
No one likes being surprised by a giant electric bill! Time of use (TOU) billing rates make your monthly bill even more of a guessing game. With solar, your solar payments remain the same during the term of your loan, and you can avoid using expensive energy from the grid.
Invest in your home
If you ask your neighbors, some of them have already gone solar to build equity. Going solar may add value to your home and may help it sell faster. The average New Hampshire home is currently valued at $330,976, that is a 12.4% annual increase from last year.* Keep up with the rising home values, especially if you want to sell in the future.**
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.
Solar panels perform in all kinds of weather
Going solar is a big decision, and although there are many factors you should consider, local weather shouldn’t be a deterrent. Solar panels are designed to work in almost any type of weather… even snow and clouds!
There are sunny days ahead for solar. The more sun you have access to, the longer your panels work during the day. Your panels work best at converting energy when sun rays shine directly at them. The more energy you produce, the more excess you may be able to send back to the grid. Take advantage of the excess through net metering and other incentive programs.
As the rain pours down, your panels will continue to be hard at work. Solar panels will work with reflected or partially blocked sun rays to keep your home powered. Your production is linked to the amount of clouds. Rain will have some effect on your production, but the rays will still penetrate through the rain. It may actually help keep your panels working efficiently as they wash away any dust or dirt.
It is a misconception that panels don’t work on cloudy days. The best way to know how much the clouds affect your system’s performance is to monitor your system on sunny days and compare. Your system may actually be more efficient without the excess heat. This is because solar systems prefer the cold! The sun’s rays are still able to penetrate through cloudy skies and keep your system running.
Amazingly enough, even when covered in snow a solar system can still produce power! Scattered light filters through snow and reaches solar panels even when the snow cover is fairly heavy. Your solar panels may actual be more efficient in light snow. Cold weather helps them perform better, and usually snow slides right off. Power production may be reduced with heavier snowfall, but your system can still produce.
Solar panels are highly reliable and sturdy, they hardly notice your average winds. In most cases, damage from wind will be due to weakened roofs, not solar panels. This is why we assess your roof condition and reccomend any repairs prior to installing your system. In the event that higher winds cause an outage in the grid, you will still have power if you have batteries with your system.
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*This information is current as of May 5, 2021 and figures are approximations. Customers are encouraged to check with their local utility providers for the most up to date and accurate information.
**We advise you to consult with the appropriate professionals (including, but not limited to, your solicitor or attorney, accountant, CPA, CGA, or any other financial or legal advisor) for the implications of any information contained in our website and in any link you access through our website.
***You should contact a qualified tax expert and consult with them. Neither Freedom Forever’s family of independent authorized dealers nor Freedom Forever itself can give you tax advice. A qualified tax professional will understand your situation and be able to give you the most relevant advice.