16 Best Solar Companies in Nottingham, NH (Mar 2023 Review)

The Cost and Benefits of Solar in Nottingham

When picking a solar company, most homeowners or business owners think about the costs above all. The overall price and potential savings vary depending on some important factors such as:

• Energy consumption: Installing a solar system may be an expensive option for homes that don't use a lot of energy each month.
• Incentives: The federal solar investment tax credit currently lets you reduce your taxes by 30% of the project cost. Your state and even local utility companies may also have incentives and rebates that you can benefit from. Plus, you can save about $21,000 over 20 years on your utility bills, without incentives.
• Choice of solar panels: The kind of solar panels you want 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 opt for a higher number of more affordable panels.
• How much you spend on energy: The average family in Nottingham shells out around $1,100 a year on electricity alone, so you could end up with that much in savings.

So are solar panels worth it? Whether you're trying to reduce your energy bills, greenhouse gas emissions or both, solar panels are a good investment for many Nottingham homeowners.

Solar Incentives in Nottingham

Switching to solar power has many considerable benefits. Not only can it help preserve the Earth, but you can also save some money on your installation with various government incentives. These incentives mostly consist of cash rebates, tax benefits and/or solar renewable energy credits. They can lower the cost you pay for going solar by 30%, upwards of 50% in some cases. Our article on solar incentives goes over more detailed information on the incentives you can benefit from in Nottingham.

Environmental Impact of Switching to Solar in Nottingham

An important reason so many homeowners are considering adopting solar energy is to help reduce their environmental impact. But how much can switching to solar actually affect the environment? One thing to consider is your overall carbon footprint. For example, if you spend a lot of time on the road and have an electric vehicle, you can install solar panels on your home to power your EV and therefore help offset your carbon emissions. In fact, if you install solar panels, you could look forward to lowering your carbon dioxide emissions by about 40 pounds each year. The benefits of solar power are infinite — just like solar power is! That's why so many people have been happy with committing to solar.