14 Best Solar Companies in Hooksett, NH (Mar 2023 Review)

The Cost and Benefits of Solar in Hooksett

We get that for lots of homeowners, the choice to invest in solar rests on installation costs. The cost of solar and the savings it generates vary depending on a few important factors such as:

• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which gives you a tax credit currently worth 30% of your overall installation cost, your local government may offer additional tax exemptions, credits or rebates that will help you save even more. Not including incentives, you can save an average of $18,000 over 20 years with your solar system, too.
• The amount of sunlight your roof gets: This, plus how your roof is set up, affects affect how much electricity your solar panels can generate.
• Choice of solar panels: The kind of solar panels you get will affect your total cost. High-efficiency monocrystalline panels will cost more upfront but can also save you more money over the lifetime of your system. If space isn't a constraint for your project, you can go with a higher number of more affordable panels.
• Your household's power bills: Due to high monthly power bills in Hooksett, you could save about $970 a year with solar.

There are lots of good benefits of solar despite the upfront cost of installation. It can help the environment and your bank account. Plus, it can increase the value of your home, leading to even more benefits if you choose to sell your home later.

Solar Incentives in Hooksett

In order to increase the adoption of solar power, incentives are offered by the government — and even some utility companies — to help make solar power more economically viable and accessible. These incentives typically take the form of cash rebates, tax breaks and/or solar renewable energy credits. They can lower the cost of going solar by 30%, upwards of 50% in some cases. Check out our article on solar incentives to learn what incentives are available to you.

Environmental Impact of Switching to Solar in Hooksett

Installing solar panels can have a meaningful effect on the environment. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Hooksett, though. The more power your house uses, the the more the environment will benefit if you switch to solar since you won't need to rely on traditional energy sources as much. Once you go solar, your carbon footprint can be cut by about 40 pounds every year. Since energy from the sun is plentiful and produces electricity without CO2 emissions, making the switch to solar power is one easy step you can take to help preserve the planet.