17 Best Solar Companies in South Hooksett, NH (Aug 2022 Review)

The Cost and Benefits of Solar in South Hooksett

Although solar panels can help save you a decent chunk of change on utility bills over time, it's important to take into consideration the upfront costs. The installation cost is just one important factor you should consider when looking into installing solar panels. How much it'll cost and how much you can save depend on things such as:

• How much energy your home consumes: Households that use plenty of electricity each month may need more solar panels and, therefore, more upfront cost, but will also save more on their energy bills over time.
• Choice of solar panels: The kind of solar panels you buy 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.
• The amount of sunlight your roof gets: If your roof doesn't get a lot of direct sunlight, your solar panels won't be able to produce as much energy, which will leave you with lower savings on electric bills than a roof that gets plenty of sunlight.
• Incentives: The federal solar investment tax credit, which everyone qualifies for, allows you to deduct 26% of the cost of installing your solar panel system from your federal taxes. In addition, not including incentives, you can save about $18,000 over 20 years on your energy bills.

Even though 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 several factors, including the amount of daily direct sunlight available and your local electricity rates.

Solar Incentives in South Hooksett

One of the great things about installing a solar panel system is receiving federal and potentially state incentives. You are eligible for the federal solar investment tax credit (ITC) for the tax year you turn on your a solar system. You can also possibly pair the ITC with other local incentives. In the table below, you can read about the incentives you qualify for in South Hooksett.

Environmental Impact of Switching to Solar in South Hooksett

One of the reasons so many are considering going solar is to help lower their environmental impact. Something many might be wondering about is how much can they really help protect the environment by switching to solar power anyway? Your energy usage is a significant factor to consider. The more energy your home uses, the greater your impact when you go solar. Because solar panels don't release carbon dioxide emissions into the atmosphere when producing electricity, they're a good swap for traditional energy sources. In fact, you could lower your carbon dioxide emissions by about 40 pounds each year. If you want to do your part for the environment, you'll likely understand that there are many benefits of adopting solar energy other than just saving money on bills. You can also help preserve the environment, which some would argue is more valuable.