New Hampshire Commercial Solar
Let Solar Power Deliver Big Savings
Offsetting Steady Rise in Electricity Costs
BlueSel Commercial Solar offers full EPC services (Engineering + Procurement + Construction) for New Hampshire businesses and multi-occupant properties.
Ready for a Free Solar Evaluation for Your Business?
With just your site address we will conduct a Free Evaluation showing you costs and lifetime savings.
Why Solar Energy in New Hampshire?
First - Why Solar Energy?
A solar energy system is one of the few investments that can give any business immediate relief from its current energy expenses and protect against future electricity price increases.
Eversource Argues for Rate Hikes
New England relies heavily on natural gas for electricity production. Global events make costs skyrocket and rate increases potentially unavoidable. Click to learn more.
Largest State Co-op Sets Large Rate Increase
All electricity suppliers have the same cost increases. Click to learn more about NHEC increases.
It’s clean energy. Green. Which impresses customers, future employees, and neighbors in your community.
Compared to many alternate investments of a company’s valuable dollars, solar power delivers great returns for years to come.
Next - Why New Hampshire?
Solar on your building offsets the electricity you buy. That’s immediate savings.
With New Hampshire and federal incentives, a company has access to a short payback period and 20+ years of free, self-generated power.
About 2022 Electricity Prices
How Solar Benefits New Hampshire Businesses
A combination of state and federal solar energy incentives helps property owners return their investment in as little as 5 years while providing electricity savings and income for decades longer.
Federal Solar Incentives
Federal solar energy incentives offer substantial savings within the early years of the investment.
The ITC gives the solar power system owner the ability to deduct 26% of the full cost the following year after the purchase. Deductions can be made in multiple years until the full 26% value is reached.
Under the federal Modified Accelerated Cost-Recovery System (MACRS), businesses may recover investments in certain property through depreciation deductions. Commercial solar power systems are eligible to be depreciated over a 5-year, accelerated rate schedule.
Equipment placed in service before January 1, 2023, can qualify for 100% bonus depreciation in the first year.
State Solar Incentives
New Hampshire state incentives offer a path to additional savings within the first years of the investment as well as a source of income throughout the life of the solar energy system.
New Hampshire requires all utilities selling electricity in the state to offer Net Metering to customers who own or operate systems up to one megawatt in capacity. For solar arrays installed behind-your-meter, you also receive credit for transmission and distribution kilowatt-hour charges. If a net metered customer uses more electricity than is generated, the customer pays the utility only for the difference. If the system generates more electricity than the customer used in a month, the utility records a credit for the excess kilowatt-hours towards the next bill.
Generating solar power in New Hampshire entitles you to claim Renewable Energy Certificates (RECs) for each 1 megawatt-hour (MWh) of solar energy produced. These certificates are sold on the REC market to any entity, such as a utility, required to meet minimum renewable energy production targets. That is, companies may purchase your certificates in lieu of installing similar renewable energy capacity of their own.
The state gives the buyer a rebate caculated on the solar energy capacity, capped at $10,000.
New Hampshire allows cities and towns to offer an exemption from local property taxes for the assessed value of a solar energy system and for an electrical energy storage system. To date over 100 cities and towns have committed to allow such exemptions.
Let Us Run the Numbers For Your Site
Share your company’s site address in this form and we will:
- Estimate system sizes which will maximize your returns
- Show you approximate cash flow
- Calculate your investment performance using the metrics of your choice – ROI, IRR, NPV, etc.