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New Hampshire Solar Incentives: Tax Credits & Rebates Guide 2024
  • Written by Luke Daugherty
  • |
  • Edited by Hannah Whatley
  • |
  • Last updated 09/08/2023

Estimate your home’s solar cost and savings

20-year savings
Upfront cost
Payback period
0 years

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Key Points

  • The average cost of solar panels in New Hampshire is $4.22 per watt, totaling $25,338 for the average 6-kilowatt system. Your individual costs will depend on your system size, equipment, and choice of installer.
  • New Hampshire residents have access to several tax credits and incentives to bring down the upfront costs of a solar installation.
  • The average payback period for solar panels in New Hampshire is about 7.6 years.

Ready to go solar? Call 866-420-6556 to be connected with a solar expert today!

Solar power FAQs

  • The average cost of solar panel installation in New Hampshire is $4.22 per watt, or $25,338 per system. This price does not factor in the current federal tax credit of 30% or any state incentives available to offset costs. Your home size, panel quality, and the addition of a battery may influence the price.

  • Solar energy may be a good investment for your New Hampshire home if your location and roof are ideal for harnessing solar power. If your home has the capacity for adequate energy, compare the costs and benefits. You could save on monthly electric bills and potentially earn back the installation costs within a decade.

  • Your electricity bill savings will depend on your average energy consumption. Larger systems or homes with less optimal solar capacity may see smaller savings. However, homes that generate a lot of power can sell excess energy back for future bill credits. These homeowners are likely to save more with their investment.

  • SaveOnEnergy provides many resources for homeowners considering solar energy. Before signing a contract, research the company’s reputation. Check each of their customer service ratings and look for warranties. A quality installation company usually provides an extended warranty on their service.

  • Solar power is an excellent source of renewable energy. Solar energy generation does not emit greenhouse gasses into the atmosphere. While fossil fuels increase pollutants in the atmosphere, solar energy helps reduce pollution. Solar panels also have minimal impact on the surrounding environment.

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