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

The Cost and Benefits of Solar in Sunapee

The cost of putting up a solar panel system has decreased significantly in the past several years, but it's still a substantial investment for most homeowners. The cost and possible savings vary depending on a few key factors such as:

• Typical energy usage: The more energy your home uses on average and the larger your current energy bills are, the more money you could save by making the switch to solar.
• Incentives: Tax-paying citizens who purchase and install a solar energy system this year can save 30% of their total solar spend by taking advantage of the federal solar investment tax credit. You can also save about $20,000 on your utility bills over 20 years not including incentives.
• System size and type: Some models are more pricy than others, so the one you want to get can raise or lower your upfront cost. Plus, the more solar panels you need to buy, the more it'll cost.
• Your home's power bills: Because of fairly high monthly energy bills in Sunapee, you could save about $1,000 a year with solar.

Even though a solar panel system costs a sizable chunk of money upfront, it can save you thousands of dollars in the long term. The question of how much, though, depends on several factors, including the size of your solar panel system and your local electricity rates.

Solar Incentives in Sunapee

Adopting solar power has many great benefits. Not only can it help protect the environment, but you can also save some money on your installation with various government incentives. When you install solar panels, you become eligible to claim the federal tax credit, or ITC. This credit currently lets you reduce your tax bill by 30% of the cost of your solar panels. In addition, there may often be some local incentives that you can benefit from to further save. For detailed information about incentives for homeowners in Sunapee, check out our our article on solar incentives.

Environmental Impact of Switching to Solar in Sunapee

There are lots of reasons to make the switch to solar power, like saving money on utility bills and helping to lower your carbon footprint. A question many people might be wondering about is how much can they really help the environment by going solar anyway? How much energy you use is an important factor to think about. The more electricity your home uses, the greater your impact when you make the switch to solar power. Because solar panels don't release carbon dioxide emissions into the atmosphere when creating electricity, they're a good substitute for nonrenewable energy sources. In fact, you could look forward to lowering your carbon dioxide emissions by about 40 pounds each year. As you can see, investing in solar has so many other rewards beyond saving money. One of the major ones is that you can help save the Earth too.