11 Best Solar Companies in Hampton, NH (Oct 2022 Review)

The Cost and Benefits of Solar in Hampton

The cost of putting up a solar panel system has decreased greatly in the past several years, but it's still a substantial investment for most homeowners. The cost of solar and the savings it generates vary depending on some important factors such as:

• Typical energy usage: The more electricity your home consumes on average and the higher your current electricity bills are, the more benefits you'll see from going solar.
• Your power bills: This will determine how much you can save. In Hampton, the average resident can save about $920 a year on their electricity bills.
• System size and type: Some models are more expensive than others, so the one you get can raise or lower your initial investment. Plus, the more solar panels you need to buy, the more it'll cost.
• Incentives: The federal solar investment tax credit currently lets you lower your taxes by 30% of the project cost. Your state may also have various incentives that you can take advantage of. In addition, you can save about $18,000 over 20 years on your utility bills, not including incentives.

There are lots of good benefits of solar even with the initial cost of installation. It can help the environment and your finances. In addition, it can boost the value of your home, resulting in even more benefits if you decide to sell your home later.

Solar Incentives in Hampton

There are many good reasons why adopting solar power is beneficial. One of them consists of some government incentives that can help save you some money. These incentives normally take the form of cash rebates, tax benefits and/or solar renewable energy credits. They can cut how much you pay for installing solar panels by 26 to 50% in some cases. You can learn about the incentives you can use in the table below.

Environmental Impact of Switching to Solar in Hampton

Lots of people want to do their part to help save the planet, which for many is the primary reason they're interested in installing solar panels. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Hampton, though. If your family consumes lots of energy, you can help the environment even more by switching to solar energy. Since solar panels don't release CO2 emissions into the atmosphere when creating electricity, they're a good trade for traditional energy sources. In fact, you could reduce your carbon dioxide emissions by about 40 pounds each year. As you can see, using solar power has so many other benefits beyond saving money. One of the main ones is that you can help save the planet too.