Solar-Estimate Logo

3,372,403 online estimates since 2008!

SunShot U.S. Department of Energy

See how much it will cost to install solar panels for your home in New Hampshire

Solar power in New Hampshire

Last fact-checked on April 14, 2023, by Catherine Lane

New Hampshire

New Hampshire is one of the best places in the nation to install solar panels. A combination of high average sun exposure, expensive utility rates, the solar tax credit, and the state's net metering law means homeowners can get an excellent return by installing solar panels.
But, New Hampshire net metering rules have changed, causing solar panels to save less money than they have in the past. Don't worry, New Hampshirites can still see an excellent return on investment under the new rules, and battery storage is now a more economical choice.

Compare solar quotes from the top solar companies in New Hampshire

New Hampshire solar power facts

$3.89 per watt

Average cost: 7.8kW solar power system

12 years 6 months

Average payback time

$21,758

Average lifetime savings

4

Average peak sunlight hours

$0.23 kWh

If you don't get solar

9,110kWh

Annual solar power production

*Price calculations have the 30% Federal Tax Credit applied.

Cash flow graph based on cash purchase of a 7.8kW system

This 7.8kW system would offset 100% of your energy usage if your typical monthly bill in New Hampshire is $143.35, however, your situation may vary so try our solar calculator to get a result tailored to you.

8 Solar companies in New Hampshire that provide pricing through the Solar-Estimate marketplace.
$-30,000$-20,000$-10,000$0$10,000$20,000$30,000$40,000Year 0Year 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10Year 11Year 12Year 13Year 14Year 15Year 16Year 17Year 18Year 19Year 20Year 21Year 22Year 23Year 24Year 25Year 0: $-21,247Year 1: $-19,917Year 2: $-18,519Year 3: $-17,052Year 4: $-15,515Year 5: $-13,911Year 6: $-12,237Year 7: $-10,494Year 8: $-8,683Year 9: $-6,803Year 10: $-4,854Year 11: $-2,836Year 12: $-750Year 13: $1,406Year 14: $3,630Year 15: $5,923Year 16: $8,285Year 17: $10,715Year 18: $13,215Year 19: $15,783Year 20: $18,420Year 21: $21,126Year 22: $23,900Year 23: $26,744Year 24: $29,656Year 25: $32,637
Cash-flow values by year
YearCash flow
0$-21,247
1$-19,917
2$-18,519
3$-17,052
4$-15,515
5$-13,911
6$-12,237
7$-10,494
8$-8,683
9$-6,803
10$-4,854
11$-2,836
12$-750
13$1,406
14$3,630
15$5,923
16$8,285
17$10,715
18$13,215
19$15,783
20$18,420
21$21,126
22$23,900
23$26,744
24$29,656
25$32,637

How much can solar panels save you in New Hampshire

Average total cost of solar panel installation in New Hampshire

System sizeCash purchaseAfter 30% solar tax creditFinanced purchaseAfter 30% solar tax credit
3kW$9,324$10,069
4kW$12,111$13,080
5kW$14,740$15,919
6kW$17,208$18,584
7kW$19,516$21,077
8kW$21,664$23,397
9kW$23,651$25,544
10kW$25,480$27,518

How much do solar panels cost in New Hampshire?

$3.89 per watt

Cash purchased solar system
After 30% solar tax credit

$3.45 per watt

Financed solar system
After 30% solar tax credit

What are the pros and cons of installing solar panels in New Hampshire?

The advantages of installing solar panels in New Hampshire are that there are both state-based incentives and the federal tax credit to help reduce system costs. In addition, much like everything else in New Hampshire, power is expensive! High electric rates means you have the potential to save more money, making the overall return on investment for residential solar panels in the state much higher than other states in the nation.

The disadvantage of installing solar panels in New Hampshire is that there is less overall solar irradiation. This means a system in New Hampshire will produce less power than a system in sunnier states, like Arizona. However, the state and local incentives more than make up for this. New Hampshire homeowners should not pass up the opportunity to install solar while these amazing incentives are still in place.

Enter your details to calculate the potential costs and savings you can expect to see after installing solar panels on your home.

Compare solar quotes from the top solar companies in New Hampshire

How much electricity will solar panels produce in New Hampshire

Solar panels produce different amounts of energy in different locations.

Solar panels installed on a south-facing 30-degree pitch roof will typically produce:

1,168kWh

per year per 1kW of peak DC
(direct current) capacity

For more information about how your location, roof direction, and roof tilt affects solar power production use the solar panels calculator and enter your zip code.

I want to buy a solar panel kit and install it myself

I am an electrician and want to install the solar panels myself
I want to buy the equipment and hire an electrician and roofer to install them

Solar Calculator

Regardless of what you want to know about the economics of installing solar panels for your home or business in New Hampshire, we have a solar calculator that can show you exactly the information you require.

What you can find out about installing solar panels in New Hampshire using our full monthly solar calculator

This solar calculator requires you to input your address, utility company, your average monthly power spend - It tells you:

  • What size solar system do you need?

  • Answers the question of how many solar panels do I need?

  • How many square feet of roof space you need for solar panels

  • Solar electricity production in annual kWh (kilowatt-hours) you can expect from your solar system in New Hampshire

  • The value of solar tax credits and other incentives you are entitled to based on the estimated size of system you need, your location and your utility provider.

  • Likely cost based on an average of prices charged for solar systems of that size in the last year in New Hampshire;

  • The likely payback period on your solar panels and your investment return.

  • Your total lifetime solar savings based on each of the major solar finance options, a cash purchase, a cash purchase funded with a HELOC sol (home equity line of credit) and a zero-down PPA or third party lease product.

If you want to see all of the above but also see live pricing, the three best solar deals available in your city and get binding quotes from each of these solar companies then use this New Hampshire solar panels calculator. This calculator requires you to also input your name and contact details because most of our 200+ installer partners will only authorize the sharing of their live solar pricing where we have validated that you are a real homeowner with a home in their service area. We respect the privacy of your data and only share your contact details with the solar companies you ask us to get binding quotes from.

Going solar in New Hampshire

Check out all of the ways energy providers of New Hampshire can help you be more energy-efficient and save money.

The following programs are available:

Incentive nameEligibilityType
Federal solar tax creditFederalPersonal tax credit