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.

couple with finances

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!

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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.