16 Best Solar Companies in Derry, NH (Sep 2022 Review)

The Cost and Benefits of Solar in Derry

When picking a solar company, most homeowners or business owners care about the costs above all. The cost of solar and the savings it generates vary depending on a few important factors such as:

• Incentives: The federal solar investment tax credit currently lets you decrease your taxes by 30% of the project cost. Your state and city may also have various incentives that you can benefit from. Plus, you can save about $21,000 over 20 years on your utility bills, before factoring in incentives.
• Your income and budget: This shapes what model of solar panels you can afford.
• Energy consumption: Installing solar panels may be an expensive option for homes that don't need a lot of energy a month.
• How much energy costs for you: If your local electricity rates are quite high, there's a good chance you'll have a higher return on your investment in a solar system. In Derry, you can save an average of $89 a month on your electricity bills.

So are solar panels worth it? Whether you'd like to decrease your energy bills, carbon emissions or both, solar panels are a good investment for many Derry homeowners.

Solar Incentives in Derry

If you're considering switching to solar energy, a number of government incentives and subsidies can drastically reduce the installation costs and expedite the return on your investment. On top of the federal tax credit incentive, there are also some local benefits, which in the majority of cases, stack with the federal incentive, so you can save even more. In the table below, you can read about the incentives you qualify for in Derry.

Environmental Impact of Switching to Solar in Derry

If you want to add solar panels to your home, one of the major reasons why may be to lower your greenhouse gas emissions. But how much can using solar energy instead of traditional energy actually help the environment? Something that can dramatically affect your carbon footprint is your commute time and how much you drive in general. If you install solar panels and have an electric car, you can vastly decrease your carbon dioxide emissions by charging your car at home. Since solar panels don't release carbon dioxide emissions into the atmosphere when producing electricity, they're a good swap for traditional energy sources. In fact, you could look forward to lowering your carbon dioxide emissions by about 40 pounds each year. The great things about solar power are abundant — just like solar power is! That's why so many people have been happy with committing to solar.