New Hampshire Solar Panels

If you are looking to install solar panels and battery storage at your home or business, there are several different ways to get the funding you need. First, there are grant programs offered by the state’s Public Utilities Commission. These programs support renewable energy projects in schools, industrial facilities, municipal buildings, and commercial properties.

The federal solar tax credit is the largest incentive, which decreases from 26% to 22% of the cost of solar installation in 2020. Before the year is out, installation companies will probably be swamped with new solar installations. Therefore, the time to invest in solar in New Hampshire is now. In addition to lower utility costs, installing nh solar panels on your home or business will reduce your carbon footprint and emissions. Furthermore, you will be eligible for financial incentives, which make it even more worthwhile to go solar.

The New Hampshire Electric Cooperative, which operates a solar farm in Moultonborough, has recently completed its first utility-scale battery-storage project. The company developed a 2.45 megawatt battery project in collaboration with Engie North America. The battery unit will operate on NHEC’s distribution system and charge during low demand periods. It will then discharge electricity during peak regional usage, reducing demand on the grid and saving NHEC members money.

New Hampshire Solar Panels and Battery Storage

New Hampshire’s solar resource is a reliable and predictable source of renewable energy. In fact, a solar array on a municipal property can save the town hundreds of thousands of dollars in energy costs. With a 20-year PPA, NH municipalities can be assured of a low-cost return on investment.

The cost of installing solar panels in New Hampshire is affordable, with the average residential solar system costing $12,556 after the 30% federal solar tax credit. However, costs vary based on your location. Solar prices have fallen by more than 80% over the past decade, and the state’s net metering law will continue to subsidize them until 2022. In addition to saving money on electricity, solar panels will provide you with a higher return on your investment than a share market or property investment.

If you want to install a solar panel system, New Hampshire is the perfect state to do so. In addition to being environmentally friendly, the state government offers many incentives and financial assistance to residents. In addition to federal financial incentives, residents of New Hampshire will benefit from local tax incentives for installing solar energy systems. As the cost of energy increases, solar energy will become even more valuable.

The size of a battery backup system can vary significantly. Some batteries are designed to backup only a few essential appliances, while others can power the entire house. Other batteries are meant for backup of heavier loads, such as electrical heating. A solar designer will help you determine the number of batteries required for the home’s battery backup.