Solar Energy in Nashua, NH: Facts, Statistics, Companies

Solar Energy in Nashua

Solar Rates, Incentives, Plans & Statistics

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Going solar in Nashua, NH

In Nashua, an average home needs a 6kW solar system in order cover most of their electricity needs. Given the average residential price-per-watt of $4.15 in Nashua, a 6kW system can cost around $24,900 depending on applicable rebates and other factors.

Average out-of-pocket cost for a 5 kW system The upfront amount spent to buy and install solar.
Nashua: $20,750US Average: $18,170
Average Payback Period The number of years until you break even on the solar investment.
Nashua: 11 yearsUS Average: 11 years
Average Net 20-year savings The total amount of money saved over 20 years minus the out-of-pocket cost.
Nashua: $17,673US Average: $14,954

Solar Potential in Nashua

Estimated system size and solar electricity production per median viable roof in
Nashua.

Roof size 554sq. ft.
Capacity 7.75kW DC
Electricity 8.6kkWh AC per yr.

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Compare solar panels by system size in Nashua

Get the most value out of your roof by comparing the different benefits a given system size has.

System Size 2kW
Roof Size Min. space required
143 ft²
Electricity Value Annual Production $698 a year
Est. Price
$8,300
Savings from a 2kWthis system
  • Est. yearly production 2,673 kWh
  • Est. monthly savings $58
  • Full payback in 12 years
Environmental Impacts
  • Reduces CO2 emissions by 0.51 tons a year
  • Equivalent to planting 23 trees a year
  • Equivalent to driving 1,251 mi less a year
System Size 3kW
Roof Size Min. space required
215 ft²
Electricity Value Annual Production $1,047 a year
Est. Price
$12,450
Savings from a 3kWthis system
  • Est. yearly production 4,009 kWh
  • Est. monthly savings $87
  • Full payback in 12 years
Environmental Impacts
  • Reduces CO2 emissions by 0.76 tons a year
  • Equivalent to planting 35 trees a year
  • Equivalent to driving 1,876 mi less a year
System Size 4kW
Roof Size Min. space required
286 ft²
Electricity Value Annual Production $1,396 a year
Est. Price
$16,600
Savings from a 4kWthis system
  • Est. yearly production 5,346 kWh
  • Est. monthly savings $116
  • Full payback in 12 years
Environmental Impacts
  • Reduces CO2 emissions by 1.01 tons a year
  • Equivalent to planting 46 trees a year
  • Equivalent to driving 2,501 mi less a year
System Size 5kW
Roof Size Min. space required
358 ft²
Electricity Value Annual Production $1,745 a year
Est. Price
$20,750
Savings from a 5kWthis system
  • Est. yearly production 6,682 kWh
  • Est. monthly savings $145
  • Full payback in 12 years
Environmental Impacts
  • Reduces CO2 emissions by 1.26 tons a year
  • Equivalent to planting 58 trees a year
  • Equivalent to driving 3,127 mi less a year
System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $2,094 a year
Est. Price
$24,900
Savings from a 6kWthis system
  • Est. yearly production 8,019 kWh
  • Est. monthly savings $160
  • Full payback in 13 years
Environmental Impacts
  • Reduces CO2 emissions by 1.39 tons a year
  • Equivalent to planting 64 trees a year
  • Equivalent to driving 3,440 mi less a year

Nashua solar incentives, tax credit, and rebates

Nashua has 9 rebates and tax credits that you may be eligable for. Visit the official links for more details to see if you apply.

Solar incentives in NH

Residential Small Renewable Energy Rebate Program

Value:Up to $1

The New Hampshire Public Utilities Commission manages a centralized incentive program for homeowners installing new renewable energy systems. Rebates are funded through penalty fees paid by utilities as part of the state's renewable portfolio standard law. Qualifying projects include solar PV and wind microturbines. Solar systems should be UL certified, while wind systems are subject to minimum speed, setback, and height requirements. The total rebate amount will vary depending on a system's capacity. Currently, the incentive rate is 20 cents per watt up to a maximum of $1,000 or 30% of the original purchase price. Additional information is available from the PUC website.

Commercial & Industrial Solar Rebate Program

Value:Up to $10,000

The New Hampshire Public Utilities Commission manages a centralized incentive program for homeowners installing new solar water heaters and HVAC systems. Rebates are funded through penalty fees paid by utilities as part of renewable portfolio standard laws. Qualifying projects should meet all applicable local, state, and federal standards, with the project owner requesting funding and obtaining an energy efficiency audit prior to installation. Homeowners served by a local public utility do not qualify as they are not subject to the renewable portfolio standard. Additional information is available through the PUC website.

Residential Solar Water Heating Rebates

Value:Up to $1,900

Any New Hampshire homeowner may qualify for a rebate on new solar water heaters regardless of which utility they use. Incentives are offered through the state Public Utilities Commission and are funded through penalty fees assessed to utilities as part of the state's renewable portfolio standard. Rebate amounts are fixed and depend on the BTU capacity of the heater, ranging from $1,500 to $1,900. Homeowners must apply and earn preapproval before purchasing and installing their system through a participating contractor. Additional information is available through the PUC website.

Residential Solar Water Heating Rebates

Value:Up to $1,500

Any New Hampshire homeowner may qualify for a rebate on new solar water heaters regardless of which utility they use. Incentives are offered through the state Public Utilities Commission and are funded through penalty fees assessed to utilities as part of the state's renewable portfolio standard. Rebate amounts are fixed and depend on the BTU capacity of the heater, ranging from $1,500 to $1,900. Homeowners must apply and earn preapproval before purchasing and installing their system through a participating contractor. Additional information is available through the PUC website.

Local Option - Energy Efficiency & Clean Energy Districts

Value:Varies

Local and county governments in New Hampshire may create property-assessed clean energy (PACE) financing programs to support property owners making renewable energy investments or energy efficiency improvements. Effectively, PACE funding comes from the government, with applications and screening handled through a private lender. Repayment will take the form of a property tax lien senior to mortgages. Should the owner sell or transfer their property, the new owner will be responsible for the loan. Any commercial, industrial, or large multi-family residential property may qualify for PACE loans. Single-family homes or multi-family properties below 5 units do not qualify due to regulatory concerns from the FHFA. Potential applicants should check with their local government to determine financing options and requirements for participation.

Renewable Portfolio Standard

Value:Varies

In New Hampshire, all private utilities and electrical cooperatives are required to comply with a renewable portfolio standard dictating the state's investment in clean energy. Current objectives require at least 25.2% of retail electricity in the state to be sourced renewably by 2025. Eligible technologies include solar, wind, biomass, hydroelectric, and some landfill gas systems. Compliance with the standard is measured using a Renewable Energy Credit (REC) system pegging a fixed amount of electricity to a variable dollar value. Each renewable energy device generates RECs, though utilities are expected to purchase much of their share of RECs from private customers. Should a utility fail to meet its quota of RECs, it will be assessed a penalty charge for each kilowatt it is deficient. Additional information is available from the New Hampshire Public Utilities Commission website.

Local Option - Property Tax Exemption for Renewable Energy and Electrical Energy Storage

Value:Varies

In New Hampshire, local governments may elect to create property tax exemptions on solar/wind energy systems, electrical storage devices, and wood-burning thermal systems (not fireplaces). Exemptions for each system should be enacted separately rather than all together. Currently, 135 localities have these exemptions within their tax codes. Interested property owners should consult with their local assessor for additional information on the specific statutes that may apply to them.

Enterprise Energy Fund Loans

Value:Varies

The Enterprise Energy Fund is a revolving loan program sponsored by the New Hampshire Community Development Finance Authority (CDFA) and Community Loan Fund (CLF). Commercial property owners can borrow EEF loans to make a variety of energy efficiency upgrades or install new renewable energy systems. Repaid funds immediately "revolve" to another borrower, allowing for perpetual state investment and continued support through interest. Loans from $50,000 to $500,000 may be repaid over 10 years, with variable interest depending on the length of the repayment period and the tax status of the borrower. Nonprofit agencies may receive lower interest rates and more tailored repayment plans. Additional information is available from the CDFA website.

Commercial & Industrial Renewable Energy Grants

Value:Varies

In New Hampshire, large commercial, industrial, nonprofit, or public-sector properties may be eligible for renewable energy grants through the state's Public Utilities Commission. Grants range from $150,000 to $1 million in size and can support new solar, wind, biomass, hydroelectric, or geothermal generation and thermal systems. Finished installations should be interconnected to the electrical grid under a net metering agreement. Additional information is available from the PUC website.

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Frequently Asked Questions

  • As a general rule, unless there are local limitations, the main limitations to the amount of solar panels you can put on your roof are the available space on your roof, your electricity usage, your providers net metering rules, and the limitations of your house hold electrical system.
  • Based on our research the average price per installed watt is $4.15 in Nashua. This means for a 10kW system you can expect to pay $41,500 though pricing can vary significantly between installers based on the projects requirements.
  • Based on a Zillow research study from 2019, home with solar panels sell for roughly 4.1% more.
  • To generate the most power, solar panels in the United States should face true south as this generally results in the solar panels receiving the most light each day throughout the course of the year. That said, given that energy prices are often variable throughout the day, your installer may recommend you rotate your panels slightly so that the panels will receive more light at the end of the day when energy prices can be more expensive. That said, for most consumers the positioning of solar panels is highly dependent on your home's roof.
  • Based on our continuously updated database of solar installers, we have found 22 verified solar install companies in Nashua

Solar installers in Nashua (22)

Freedom Forever

Temecula, CA(800) 685-1850

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Expertise in consulting on advantageous financing for solar.

Intelligent Solar Services

(978) 612-6075

Services

  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Installation of batteries for energy storage.
  • Reparation of batteries.
  • Consulting on all things solar related.

Summit Energy Group

Weymouth Town, MA(888) 578-6648

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Expertise in consulting on advantageous financing for solar.

Norwich Technologies

White River Junction CDP, VT(802) 281-3213

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.

SunPower Corporation

San Jose, CA(800) 786-7693

Services

  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Installation of batteries for energy storage.
  • Monitoring of independent energy generation.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.
  • Consulting on all things solar related.

Silver Sun Solar

Deltona, FL(340) 227-7785

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.

Same Sun of Vermont

Rutland, VT(802) 775-7900

Services

  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.

Sunrun

San Francisco, CA(833) 394-3384

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Monitoring of independent energy generation.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.

Sunnyside Solar

(802) 280-7319

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.

Venture Solar

(888) 417-2086

Services

  • Installation of solar arrays.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.

Norwich Solar Technologies

White River Junction CDP, VT(802) 281-3213

Services

  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.
  • Consulting on all things solar related.

City Electric Supply

Dallas, TX(866) 634-9853

Services

  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.
  • Consulting on all things solar related.

Catamount Solar

Randolph CDP, VT(802) 728-3600

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Expertise in consulting on advantageous financing for solar.
Ginalyn Gelera
Last Reviewed By: Ginalyn Gelera
Published: 2024-04-01