Are Solar Panels Worth It in New Hampshire? Data-Backed Analysis
~
Maybe
Solar may be worth it in New Hampshire depending on your situation.
The Numbers
Average System Cost
$54,464
14.8 kW system
After Federal ITC
$38,125
30% tax credit applied
Total Installations
9,996
75% residential
Factors in Favor
- ✓Below-average installation cost ($3.68/W vs national $4.18/W)
- ✓Federal 30% Investment Tax Credit available to all homeowners
Things to Consider
- !Relatively few installations (9,996) - market is still developing
New Hampshire vs National Average
| Metric | New Hampshire | National |
|---|---|---|
| Cost per Watt | $3.68 | $4.18 |
| Total Installations | 9,996 | 3,426,466 |
| Total Capacity | 148 MW | - |
Frequently Asked Questions
The average solar system in New Hampshire costs approximately $54,464 (avg 14.8 kW system at $3.68/W). After the 30% federal ITC, your net cost would be around $38,125.
All New Hampshire homeowners are eligible for the federal 30% Investment Tax Credit (ITC), which reduces the cost by approximately $16,339. Additional state and local incentives may further reduce your costs. Visit our New Hampshire incentives page for a complete breakdown.
New Hampshire has 9,996 solar installations. Whether solar is worth it depends on your specific situation, electricity usage, and roof orientation.
Source: LBNL Tracking the Sun, U.S. Department of Energy, EIA. Costs and savings are estimates based on average residential installations and may vary.