Submitted by No_Web2173 t3_10m94k5 in newhampshire
Is there any gov programs in nh that pay for solar panels. If not any companies you would recommend on price and service?
Submitted by No_Web2173 t3_10m94k5 in newhampshire
Is there any gov programs in nh that pay for solar panels. If not any companies you would recommend on price and service?
The federal tax credit is pretty substantial at 30%. In New Hampshire, the value of the solar array is not counted towards your property tax (solar abatement). New Hampshire itself doesn't currently offer any rebates that I'm aware of.
You can also sell renewable energy credits (RECs) to the market as another source of income for your ROI.
NH has a rebate fund that usually depletes and gets funded again later in the year. It's only up to $1k as far as I know. I was approved in November but no payouts yet..
Any info on this you can provide by chance?
Last I knew this isn't necessarily true. Municipalities have the option not to tax solar panels but some still do.
Oh interesting. Looked into it a bit more and found this: https://www.revenue.nh.gov/mun-prop/property/equalization-2021/documents/solar-exemption-report.pdf
One does have to apply, so I guess they could be denied.
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Edit: Looking more closely, Manchester has 0 exemptions, which seems suspiciously low.
The first line of rsa 72:62 says it must be adopted by the muni. Which many have not.
Oh right, I forgot about that 'lottery' piece of it. I wouldn't plan on those find, but it's worth trying to get them!
I got a decent deal with Revision Energy. As others noted, the federal tax credit is there, but state program is not available in every town.
I just used freedom Forever Solar. They have very low financing rates (payment is a 1/4 of my electric bill), and warranty the installation for the live of the financing up to (25 years). They also guarantee the electrical production and pay the difference if the system falls short.
They entire process has ben easy and painless. They also help with the federal subsidy.
For information contact: adam@completesolarpros.com
Maybe I’ll give them a call
Just had a logger take 16 truck loads of trees and now have ALOT of sun.
When I lived out west for a year I used sun run and had no complaints
Just sent you a PM.
Federal tax credit is 30% tmm, totally worth it.
If you don't mind sharing, what did you pay out of pocket to get everything set up?
I’m not home now, but I think it was about 38k all in before government rebates for a 10kw system.
I hope all the people responding are active politically (yeah, I know, yuck - but it's important) to get their state representatives and state senator to create state support of solar.
Much of the NH GOP is anti-renewable for whatever reason, so we need aggressive pro-renewable action from voters. Solar is "local control" so the NH GOP should be in favor of it.
Well I am clearly not a lawyer. I read "Must be adopted by the municipality as" each municipality must adopt it, but clearly that is not the case!
Haha I certainly don't pretend to be one either. I just know that last year someone came through our town with a petition to the select board about not taxing solar
Interesting - did the town vote to adopt the statute?
Also, maybe the issue isn't that we're not lawyers, it's that lawmakers don't know how to write code.
Checkout Revision Energy
Nothing better than taking out 30k in debt to have “no electric bill” and then have to replace the panels after 20-25 years. Big savings! 🤣
If you have 30k array you are also generating power back to grid which you receive.07 KWH for. You can also sell your renewable energy credits for about $400 a year. If you get batteries and electrify everything in your home your payback is 4-6 years. If you add an electric car now you just put another 4k in your pocket.
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That's a fair rate but I think you can do a bit better. I had a $12.4 kW system installed for $38.4k. Contract signed last July.
Thanks!
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Is that before the 30% credit?
Yes that is pre-tax credit, you don't get the tax credit until you do your taxes for the year.
Wow that's a pretty good price a $2.16 / kwh. I'll have to get a quote from that company. Is it using micro inverters? Who was the company?
Yes, micro inverters as well from Enphase. I talked with 11 different companies, both regional and national, before deciding. I went with Sun Dial Solar. It was a good experience and I would recommend them. My runner-up was 603 Solar.
Appreciate it! 603 Solar quote me the $2.63
Both of their prices were within a few cents per watt installed back in July. Not sure how it might have changed since then with inflation and how the supply chain is doing. You can also check out Monarch Solar. Anyone who gives you an hour long fancy sales presentation is probably going to be expensive, so stay away from those. Sounds like you already know more or less what you want. Fuat at Sun Dial is no BS which I appreciated.
This is pretty substantial - that exclusion of solar from assessed property value saves me $500 per year on an array valued by the town to be $20k.
>You can actually buy used solar panels at a significant discount.
The problem with used panels is that used panels don't qualify for the 30% federal tax credit because the tax credit only applies to the "original installation" (26 USC Section 25D(e)(8)(A)) and the associated labor, piping and wires (26 USC Section 25D(e)(1)). After not being able to claim a 30% tax credit on the labor, piping, and wiring, the used panels might not actually result in a lower total cost.
r3y__ t1_j61rv0q wrote
There's a federal program for a rebate that I believe is available for NH