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

The Cost and Benefits of Solar in South Hooksett

Although solar panels can save you money on energy bills over time, it's necessary to consider the startup costs. The cost of solar and the savings it generates vary depending on a few important factors such as:

• Choice of solar panels: The type of solar panels you are interested in getting 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 opt for a higher number of more affordable panels.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you deduct 30% of your overall installation cost, your state or local government may offer additional tax exemptions, credits or rebates that can help you save even more. Excluding incentives, you can save an average of $18,000 over 20 years with your solar system, too.
• Your home's power bills: With high monthly electric bills in South Hooksett, you could save about $970 a year with solar.
• How much electricity your household consumes: Households that use plenty of electricity each month may call for more solar panels and, therefore, be more costly, but will also enjoy more savings over time.

Solar is a rewarding investment for most homeowners. You can produce your own energy instead of paying for it from the grid and take advantage of solar incentives and rebates, all while helping protect the environment.

Solar Incentives in South Hooksett

Because solar power is more sustainable than burning fossil fuels, there are various government incentives in place to encourage people to make the switch. There are quite a few federal, state and local rebates and tax credits that can earn you anywhere from 26% to 50% of your money back after buying a qualifying system. In the table below, you can find out about the incentives you qualify for in your area.

Environmental Impact of Switching to Solar in South Hooksett

One of the best reasons to switch to solar energy is to minimize your dependence on nonrenewable energy sources like burning fossil fuels, which are hazardous for the environment. But you may be curious — how much exactly can you help the planet by using solar power? Regardless of your location, you can help save the planet by switching to solar energy, but homes that use more energy will have an even bigger impact. After you go solar, your carbon emissions can be cut by about 40 pounds a year. As you can see, using solar power has so many other benefits besides saving money. One of the major ones is that you can help save the environment too.