Among New Hampshire’s beautiful natural resources is the vast abundance of solar energy. Thanks to all that sunshine, homeowners in in the Granite State are saving money on their electricity bills. Learn more about the great solar energy incentives in NH in our comprehensive breakdown.
The best way to compare your solar options and save money at the same time is by registering on the EnergySage Marketplace. When you compare quotes for solar panels on EnergySage's competitive solar marketplace, you can expect to see prices up to 20% lower than working with a single solar company. Read our updated article on the cost of solar panels to compare solar costs across states and by panel brand.
What are the top solar rebates and incentives in New Hampshire?
New Hampshire has a variety of incentives for homeowners going solar, including:
Local property tax exemption
In addition to saving you money on your electric bill every month, you will be exempt from paying property taxes on the additional value solar adds to your home in the state of New Hampshire. This incentive also applies to the commercial sector, offering a great incentive for local businesses to consider solar.
The federal solar tax credit
Don’t forget about federal solar incentives! With the investment tax credit (ITC), now referred to as the Residential Clean Energy Credit for residential systems, you can reduce the cost of your PV solar energy system by 30 percent. Keep in mind that the ITC applies only to those who buy their PV system outright (either with a cash purchase or a solar loan), and that you must have enough income for the tax credit to be meaningful (unless you’re a tax-exempt entity, in which case you might be eligible for a direct payment).
Other key New Hampshire solar energy programs
New Hampshire Low-Income Energy Assistance Program (LIHEAP)
The state’s low-income financing program has some great offerings for homeowners who are struggling to afford energy costs. Pairing a solar lease or loan with financing support can be a smart and efficient way to go solar – find out if you qualify.
With the many other reasons to go solar in New Hampshire, it may be easy to forget one of the most important incentives in the state: receiving bill credits from net metering. Any solar energy installation less than 1 megawatt (MW) in size – including the vast majority of residential systems – qualifies to receive solar bill credits for sending energy back to the grid. Eversource offers the top utility net metering program in New Hampshire.