All federal benefits apply to entities in New Hampshire.

Homeowners in New Hampshire can claim a federal tax credit equal to 30% of the total cost of installing a solar energy system. This credit is applied to federal income taxes and can be carried forward for up to five years if it exceeds the taxpayer's liability.

New Hampshire allows municipalities to offer a property tax exemption for the added value of solar energy systems. If your local municipality has adopted this exemption, installing solar panels will not increase your property's assessed value for tax purposes.

New Hampshire requires utilities to offer net metering for systems up to 1,000 kW. Homeowners can receive credits for excess electricity generated by their solar panels, which can offset future electricity bills.

Administered by the New Hampshire Public Utilities Commission, this program offers a rebate of $200 per kilowatt of solar capacity installed, up to a maximum of $1,000 or 30% of the total system cost, whichever is less.

Residents can receive a rebate of $1,000 for the installation of an energy storage system in conjunction with a solar energy system.

Homeowners with solar energy systems can earn RECs for each unit of energy produced. These credits can be sold to utilities to help offset the cost of the solar energy system.

Eversource customers can receive compensation for sharing their energy storage with the utility during high-demand hours. The incentive is up to $230 per kilowatt-hour, with a maximum of $3,000 per year.

Under the Inflation Reduction Act (IRA) of 2022, tax-exempt organizations such as nonprofits are now eligible to receive a direct payment equal to 30% of their solar installation cost, effectively mirroring the federal Investment Tax Credit (ITC).

New Hampshire offers a combination of federal incentives, state tax exemptions, net metering, and utility-level incentives to make solar energy a viable and beneficial investment for individuals, businesses, and nonprofits.