Many residents of New Hampshire are considering solar energy as a sustainable option to power their homes and businesses. If you’re curious about solar energy, you may wonder: Does New Hampshire have a solar program? The answer is yes! Here are the key components of New Hampshire’s solar programs, the incentives available, and how you can get started on your solar journey.
Overview of Solar Programs in New Hampshire
New Hampshire has made significant strides in promoting solar energy through various programs and incentives designed to motivate homeowners and businesses to invest in solar technology. Here are some of the primary initiatives you should know about:
- Net Metering: New Hampshire offers a net metering policy that allows solar energy system owners to receive credits for the excess energy they produce and send back to the grid, meaning that when your solar panels generate more energy than you need, the surplus can offset your electricity costs when you consume more energy, such as at night or during winter.
- Renewable Energy Fund (REF): Administered by the New Hampshire Public Utilities Commission (PUC), the Renewable Energy Fund supports the development of renewable energy projects, including solar installations. Funding is available for various initiatives, including grants and rebates for residential and commercial solar systems.
- Federal Investment Tax Credit (ITC): While not a state program, the federal ITC allows homeowners to deduct significant solar installation costs from their federal taxes. As of 2023, this credit is set at 30%, making solar energy more affordable for New Hampshire residents.
- Local Incentives: Many municipalities in New Hampshire also offer local incentives for solar energy adoption, such as property tax exemptions for solar installations. Check with your local government to see what programs may be available.
Benefits of Participating in NH Solar Programs
Participating in New Hampshire’s solar programs offers numerous advantages:
- Cost Savings: With programs like net metering and the federal ITC, you can significantly lower your installation costs and maximize your savings on energy bills.
- Increased Property Value: Solar installations can increase the resale value of your home, making it a wise investment for the long term.
- Environmental Impact: By harnessing solar energy, you contribute to a cleaner, more sustainable environment, reducing your carbon footprint and reliance on fossil fuels.
- Energy Independence: Generating your electricity with solar panels provides independence from utility companies and fluctuating energy prices.
Getting Started with Solar in New Hampshire
If you’re interested in taking advantage of New Hampshire’s solar programs, here are some steps to get started:
- Research Your Options: Familiarize yourself with the available programs and incentives to determine which ones apply to your situation.
- Evaluate Your Energy Needs: Assess your current energy consumption to understand how much solar power you need to generate to meet your needs.
- Choose a Reputable Installer: Partner with a qualified solar panel contractor, like Summit Energy, who can guide you through the process, handle permits, and ensure a successful installation.
- Apply for Incentives: Work with your installer to apply for any available rebates, grants, or tax credits that can help offset your costs.
- Enjoy the Benefits: Once your solar system is installed, enjoy the benefits of clean, renewable energy and reduced energy bills!
Why Choose Summit Energy?
At Summit Energy, we are dedicated to helping New Hampshire residents navigate the solar landscape and take full advantage of the state’s solar programs. Our team will provide customizable solutions tailored to your energy needs, ensuring you maximize your savings and contribute to a sustainable future. Ready to explore your solar options? Contact Summit Energy today to learn more about how you can benefit from New Hampshire’s solar programs and make the transition to renewable energy!