Please contact us for assistance with any of the following information. We are happy to help you understand which incentives are available to you and where to find more information. The information on this page is not tax advice; please seek professional advice from a qualified tax adviser before claiming any tax benefits or exemptions.
Sample Calculations
Here are some estimated costs including equipment and labor along with some potential credits and rebates. A 5 kW system is about the size that an average New England home would need to replace 100% of their electricity with solar. The smaller systems can be scaled up at any time if you would like to start with a 2.5 kW or 1.2 kW system. *See the utility information below to learn what rebates your utility offers.
The New Hampshire state PV rebate is $3 per Watt up to $6,000 or 50% of the total project cost (whichever is less). PV systems must be 5kW or smaller, and can be on or off-grid.
The New Hampshire state solar hot water (SHW) rebate ranges from $1350-$1650. This dollar amount includes a $600-$900 state incentive (Residential Solar Water Heating Rebate) and a $750 federal incentive (Residential State Energy Efficient Appliance Rebate Program).
All NH homeowners are eligible for the state SHW incentive which is based on the size of the system and includes new construction. The federal SHW incentive does not include new construction, but any other residential installation of solar hot water is eligible. This SHW rebate program is in effect for systems installed after April 21, 2010 only (not retroactive, not for system additions), and is in addition to the 30% Federal Tax Credit.
The DSIRE website will give you access to New Hampshire state solar energy incentives as well as the state’s rules, regulations, and policies related to renewable energy.
All agricultural producers, including farmers and ranchers, who gain 50% or more of their gross income from the agricultural operations are eligible for these grants and loans.
REAP Grants
These grants for renewable energy systems range from $2,500 up to $500,000 or 25% of the total project cost.
REAP Feasibility Grants
These grants cover energy audits and feasibility studies for renewable energy systems and can be as much as $50,000 or 25% of the total cost.
REAP Loans
Loans range from $5,000 up to $25 million or 75% of the total project cost.
New Hampshire
Please contact us for assistance with any of the following information. We are happy to help you understand which incentives are available to you and where to find more information. The information on this page is not tax advice; please seek professional advice from a qualified tax adviser before claiming any tax benefits or exemptions.
Sample Calculations
Here are some estimated costs including equipment and labor along with some potential credits and rebates. A 5 kW system is about the size that an average New England home would need to replace 100% of their electricity with solar. The smaller systems can be scaled up at any time if you would like to start with a 2.5 kW or 1.2 kW system. *See the utility information below to learn what rebates your utility offers.
Estimating costs 5 kW:
Estimating costs 2.5 kW:
Estimating costs for solar hot water:
Financing Your Project
Federal Investment Tax Credit (ITC)
Tax credits are available at 30% of the cost of the solar energy system, with no upper limit through 2016 (for existing homes & new construction).
Energy Star explains Residential Federal Tax Credits.
State Rebates
The New Hampshire state PV rebate is $3 per Watt up to $6,000 or 50% of the total project cost (whichever is less). PV systems must be 5kW or smaller, and can be on or off-grid.
The New Hampshire state solar hot water (SHW) rebate ranges from $1350-$1650. This dollar amount includes a $600-$900 state incentive (Residential Solar Water Heating Rebate) and a $750 federal incentive (Residential State Energy Efficient Appliance Rebate Program).
All NH homeowners are eligible for the state SHW incentive which is based on the size of the system and includes new construction. The federal SHW incentive does not include new construction, but any other residential installation of solar hot water is eligible. This SHW rebate program is in effect for systems installed after April 21, 2010 only (not retroactive, not for system additions), and is in addition to the 30% Federal Tax Credit.
The DSIRE website will give you access to New Hampshire state solar energy incentives as well as the state’s rules, regulations, and policies related to renewable energy.
New Hampshire Electric Co-op Incentives
National Grid Incentives
Other Possibilities
USDA Grants and Loans
All agricultural producers, including farmers and ranchers, who gain 50% or more of their gross income from the agricultural operations are eligible for these grants and loans.
REAP Grants
These grants for renewable energy systems range from $2,500 up to $500,000 or 25% of the total project cost.
REAP Feasibility Grants
These grants cover energy audits and feasibility studies for renewable energy systems and can be as much as $50,000 or 25% of the total cost.
REAP Loans
Loans range from $5,000 up to $25 million or 75% of the total project cost.
Other Resources