12 Best Solar Companies in East Merrimack, NH (Mar 2023 Review)

The Cost and Benefits of Solar in East Merrimack

For the majority of homeowners, the decision to invest in solar panels depends the most on the cost. The cost and possible savings vary depending on some important factors such as:

• Your income and budget: This affects what kind of solar panels you can get.
• Your energy bills: This will dictate your savings. In East Merrimack, the average resident can save about $1,000 a year on their electricity bills.
• The amount of sunlight your roof gets: Due to East Merrimack's relatively low amount of average daily sunlight, you might not see as many savings on your electric bills.
• Incentives: The federal solar investment tax credit, which can save you some money, allows you to deduct 30% of the cost of installing your solar panel system from your taxes. Additionally, not including incentives, you can save about $19,000 over 20 years on your energy bills.

Though a solar panel system costs a sizable chunk of money upfront, it can save you a considerable amount in the long term. The question of how much, though, depends on several factors, like the size of your house and your current power bills.

Solar Incentives in East Merrimack

One of the good things about installing a solar panel system is receiving incentives from the government. On top of the federal tax credit incentive, there are also some state- and city-level incentives, which in almost all cases, stack with the federal incentive, so you get to save even more. Take a look at our article on solar incentives to learn what incentives are available to you.

Environmental Impact of Switching to Solar in East Merrimack

A lot of people want to do what they can to help save the environment, which often is the main motivation to install solar panels. But you may be wondering — how much exactly can you help the environment by making the switch to solar? The more power you use, the better off the planet will be when you switch to solar as you won't have to rely on traditional energy sources as much. Because solar panels don't release greenhouse gas emissions into the atmosphere when producing electricity, they're a good substitute for nonrenewable energy sources. In fact, you could look forward to lowering your carbon dioxide emissions by about 40 pounds each year. If you care about the environment, you'll likely understand that there are many good things about adopting solar power other than just saving money on electricity. You can also help preserve the environment, which some would argue is invaluable.