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Is Solar Worth It in New Hampshire in 2026?

Complete analysis of solar costs, incentives, net metering, and payback for New Hampshire homeowners — without the federal ITC.

Cost Per Watt

$3.40

installed

Electricity Rate

$0.180

per kWh

Payback (No ITC)

16 yr

current reality

Payback (With 30% ITC)

11.2 yr

hypothetical

25-Year ROI

56%

return on investment

Incentive Breakdown — New Hampshire

Available incentives for a typical 7kW residential solar system in New Hampshire

Federal ITC (25D)

Expired

The federal solar Investment Tax Credit expired on January 1, 2026. No federal credit available for new installations.

State Tax Credit

None

New Hampshire does not offer a state tax credit for solar installations.

SREC Market

Not Available

New Hampshire does not have a traditional SREC market.

Property Tax Exemption

Solar system value excluded from property tax assessment

Sales Tax Exemption

No statewide sales tax exemption for solar

Key Incentives: Property tax exemption for solar.

Solar Math — With vs Without Federal ITC

Cost breakdown for a typical 7kW residential system in New Hampshire

2026 Reality (No Federal ITC)

System Size
7 kW
Cost per Watt
$3.40/W
Gross Cost
$23,800
Federal ITC
$0
Net Cost
$23,800
Annual Savings
$1,487/yr
Payback Period
16 years

Hypothetical (With 30% ITC)

System Size
7 kW
Cost per Watt
$3.40/W
Gross Cost
$23,800
Federal ITC (30%)
-$7,140
Net Cost
$16,660
Annual Savings
$1,487/yr
Payback Period
11.2 years

Impact: Without the federal ITC, New Hampshire homeowners face a 4.8-year longer payback period — paying $7,140 more out of pocket.

Net Metering Policy — New Hampshire

How New Hampshire compensates your excess solar production

NEM 1.0 Full Retail Net Metering

Full retail rate net metering — you earn the same rate you pay for electricity. Best case for solar savings.

New Hampshire mandates net metering at full retail rate for systems up to 100 kW under PUC rules.

Cost Per Watt Benchmark — New Hampshire

New Hampshire Average

$3.40/W

National Average

$3.05/W

Typical 7kW System

$23,800

$2.00/W $3.50/W $5.00/W

New Hampshire's average installed cost is above the national average of $3.05/W

Breakeven Timeline

Without the federal ITC, a typical 7kW system in New Hampshire breaks even in 16.0 years. With the former 30% ITC, payback would drop to 11.2 years.

Without Federal ITC

16

years to break even

With Former 30% ITC

11.2

years to break even

Production Details

Peak Sun Hours4.2 hrs/day
Production1180 kWh/kW/yr
Annual Production$8,263 kWh
Annual Savings$1,487

Ready to Go Solar in New Hampshire?

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