16 Best Solar Companies in New Ipswich, NH (2023 Reviews)

The Cost and Benefits of Solar in New Ipswich

The cost of putting up a solar panel system has dropped greatly in the past few years, but it's still a substantial investment for most homeowners. A few main factors that determine the cost of installing solar panels on your home and how much it could save you over time are:

• Incentives: The federal solar investment tax credit, which everyone in the U.S. is eligible for, allows you to deduct 30% of the cost of your solar system installation from your federal taxes. Plus, not including incentives, you can save about $19,000 over 20 years on your energy bills.
• How much energy your home consumes: Households that consume lots of power each month may call for more solar panels and, consequently, be more expensive, but will also save more on their energy bills over time.
• Choice of solar panels: The type of solar panels you need 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.
• Your current energy bills: Solar panels can substantially decrease, or entirely eliminate, your utility bills. In New Ipswich, you can save an average of $83 a month.

Solar is a worthwhile investment for most homeowners. You can generate your own power instead of paying for it from a utility company and make use of solar incentives, all while helping protect the planet.

Solar Incentives in New Ipswich

Although installing solar panels is typically a large investment, it can save you much money in the long term due to reduced energy bills and government incentives. You can qualify for the federal solar investment tax credit (ITC) for the tax year you turn on your a solar panel system. You can also possibly stack the ITC with other local rebates and benefits. Check out our article on solar incentives to learn what incentives you can take advantage of.

Environmental Impact of Switching to Solar in New Ipswich

One reason so many people are considering switching to solar power is to help reduce their environmental impact. You may be trying to figure out — how much do solar panels help the planet anyway? An important thing to consider is your overall carbon footprint. For example, if your commute is very long, your footprint may be bigger, so switching to solar energy for your house can help offset that. Since solar panels don't release carbon dioxide emissions into the atmosphere when creating electricity, they're a good substitute for traditional energy sources. In fact, you could lower your carbon dioxide emissions by about 40 pounds each year. Since solar power is plentiful and produces electricity without free from carbon dioxide emissions, installing solar panels is one easy step you can take to help the environment.