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). If you have only a small tax liability, the credit may be claimed every year through 2016 until it is used up.
The PV rebate fund has just been replenished as of December 2011, so act quickly before funds are gone! The New Hampshire state PV rebate is $1.25 per Watt up to $4,500 or 50% of the total project cost (whichever is less). PV systems must be smaller than 5 kW, and can be on or off-grid.
The solar hot water rebate fund is about half gone as of December, 2011. The New Hampshire state solar hot water (SHW) rebate ranges from $1,500 – $1,900.
All NH homeowners are eligible for the state SHW incentive which is based on the size of the system and includes new construction. 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.
This interactive Clean Energy Guide Book is provided by the Vermont Public Interest Group, but it is a good resource for understanding federal incentives regardless of where you live. This guide book also compiles other funding opportunities available throughout New England (see the “Foundations” section).
Please contact us for assistance with any of the above 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.
Incentives to Go Solar in New Hampshire
Financing Your Project
Federal Renewable Energy Residential Tax Credit
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). If you have only a small tax liability, the credit may be claimed every year through 2016 until it is used up.
State Rebates
The PV rebate fund has just been replenished as of December 2011, so act quickly before funds are gone! The New Hampshire state PV rebate is $1.25 per Watt up to $4,500 or 50% of the total project cost (whichever is less). PV systems must be smaller than 5 kW, and can be on or off-grid.
The solar hot water rebate fund is about half gone as of December, 2011. The New Hampshire state solar hot water (SHW) rebate ranges from $1,500 – $1,900.
All NH homeowners are eligible for the state SHW incentive which is based on the size of the system and includes new construction. 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
Resources for residences in any state:
This interactive Clean Energy Guide Book is provided by the Vermont Public Interest Group, but it is a good resource for understanding federal incentives regardless of where you live. This guide book also compiles other funding opportunities available throughout New England (see the “Foundations” section).
Please contact us for assistance with any of the above 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.