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Solar Panel Cost in Merrimack, New Hampshire
Local pricing, savings, and net metering data for Merrimack homeowners.
$1,460
Annual Savings
7.8 yrs
Payback Period
$11,400
Net Cost
$38,471
25-Year Savings
Cost & Savings Breakdown
Based on $150/month electric bill in Merrimack
System Size
5.4 kW
Annual Production
6,489 kWh
Gross System Cost
$18,428
Federal Tax Credit (30%)
-$5,528
State Incentive
-$1,500
Net Cost
$11,400
Monthly Savings
$122
CO₂ Offset/yr
5,970 lbs
25-Year Savings Projection
Utility & Net Metering
Local UtilityEversource NH
Net Metering PolicyFull Retail
Compensation RateFull retail rate
Capacity LimitNo overall limit
Electricity Rate$0.225/kWh
Peak Sun Hours4.1 hrs/day
Available Incentives
30%
Federal ITC — Deduct 30% of your system cost from federal taxes. Available through 2032.
$1,500
New Hampshire State Incentive — New Hampshire offers a rebate of up to $1,500 for solar installations.
Common Questions
How much does solar cost in Merrimack?
Solar in Merrimack, New Hampshire costs approximately $18,428 for a 5.4 kW system. After the 30% federal tax credit, your net cost is about $11,400.
What is the solar payback period in Merrimack?
The estimated payback period for solar in Merrimack is 7.8 years, based on a $150/month electric bill and local sun hours of 4.1 hrs/day.
Does Eversource NH offer net metering?
Eversource NH offers Full Retail net metering. Full retail rate.