Solar energy is a sustainable and environmentally-friendly option for homeowners to generate electricity, and it offers a multitude of benefits for residents in New Hampshire. The state experiences abundant sunlight, making it an ideal location for solar power systems. By harnessing the power of the sun, homeowners can significantly reduce their reliance on fossil fuels and decrease their carbon footprint. Solar panels convert sunlight into electricity through a process called photovoltaic conversion, which is clean and produces zero emissions. This not only helps to combat climate change but also reduces air pollution, improving the quality of air in the local community. Additionally, solar energy does not deplete any natural resources, providing a sustainable solution for homeowners seeking long-term energy alternatives.
In addition to its environmental benefits, solar energy can also provide financial advantages for homeowners in New Hampshire. One of the main benefits of solar power is its ability to generate substantial cost savings on electricity bills. By installing solar panels, homeowners can significantly decrease their reliance on grid electricity, thereby reducing their monthly energy expenses. Furthermore, the state of New Hampshire offers various financial incentives to promote solar adoption. These include the federal investment tax credit (ITC), which allows homeowners to claim a percentage of the total installation cost of their solar panels as a tax credit. In addition, many utility companies in New Hampshire provide net metering programs, allowing homeowners to earn credits by feeding excess solar energy back into the grid. These credits can then be used to offset future electricity costs. By utilizing solar energy, homeowners can not only save money in the long run but also take advantage of the numerous financial incentives available in the state.
A peak sun hour is an hour in the day when the intensity of the sunlight reaches an average of 1000 watts/meter².
State Homes Powered by Solar
Growth Projection: 427 MW over the next 5 years
At the most basic level, solar panels are devices that take in the sun’s rays and convert them into electricity or heat. Once the sun hits the panels, the energy is made into electricity. A solar inverter helps turn the electricity into power that can be used. The more panels you have on a roof, the more solar electricity you can produce! Solar panels generate their own power and as a result can offset your monthly electricity bill, if not eliminate it in 97035.
There are 41 solar policies and incentives in the state of New Hampshire. These incentives and tax credits help reduce the cost of solar panels in order to promote this source of renewable energy.
The National Renewable Energy Laboratory states that every dollar that is saved on energy through solar increases home value by $20 in New Hampshire. More research shows that solar panels can add an average of $18,324 to the value of a medium-sized home.