13 Best Solar Companies in Manchester, NH (Mar 2023 Review)

The Cost and Benefits of Solar in Manchester

While solar panels can help save you a decent chunk of change on energy over time, it's important to know the upfront costs. Some important things that affect the cost and possible savings include:

• Incentives: Something that can make your solar project cost less is the solar investment tax credit (ITC), which is a tax credit that's equal to a percentage of the project cost. You can also save on your power bills, which can give you an average of $19,000 of savings over 20 years.
• How much you spend on energy: The typical family in Manchester shells out around $1,000 a year on home energy use alone, so you could end up with that much in savings.
• Your location: This influences how much sunlight your roof receives, which helps determine how many panels you need.
• Choice of solar panels: The type of solar panels you get will affect your total cost. High-efficiency monocrystalline panels will cost more upfront but can also lead to more savings 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.

Although a solar panel system costs a sizable chunk of money upfront, it can save you much more over the lifespan of your panels. The question of how much, though, depends on a number of factors, like the size of your solar panel system and incentives.

Solar Incentives in Manchester

Although installing solar panels is typically a $15,000 to $25,000 investment, it can save you a substantial amount of money over the lifespan of your solar panels due to lower utility bills and government incentives. In addition to the federal tax credit incentive, there are also some state- and city-level benefits, which in the majority of cases, stack with the federal incentive, so you get to save even more. Our article on solar incentives goes over more information on the incentives you can find in Manchester.

Environmental Impact of Switching to Solar in Manchester

One reason so many homeowners are considering installing solar panels is to help lower their environmental impact. You may be trying to figure out — how much does going solar help the environment anyway? The amount of energy you use is a significant factor to keep in mind. The more electricity your household consumes, the larger your impact when you switch to solar energy. Though making solar panels emits carbon dioxide, the panels make up for it by considerably reducing the amount of CO2 you would have been responsible for if you still used nonrenewable energy. In Manchester, you can reduce your carbon footprint by 40 pounds a year with solar panels. The great things about solar power are infinite — just like solar power is! That's why so many Manchester residents have been happy with committing to solar.