NH1 News Debates


Apr 28, 2015 5:02 PM

Solar energy: Is it the answer to rising NH energy prices?


CONCORD - As we move toward summer - when energy bills typically rise - people in New Hampshire are looking for a solution.

“Trying to stretch that dollar you know?" said Matthew Wadas, a N.H. resident who is fed up with his energy bills. "Yeah and solar panels and all types of energy, you know, I’d be open to.”

The average New Hampshire residential energy rate was about 19 cents per kilowatt, while the average usage is about 550 kilowatts per month.

We compared rates in three areas Portsmouth, Nashua and Manchester, all use EverSource, which has a 6 month rate of about 86 cents per KWH. An average home in these areas would spend about $470 on their energy bills, and people are feeling the pinch.

If your house has good enough exposure, then a new company called SolarCity will be making its way to the Granite State and can lease space on your roof for solar panels.

They promised they could lower an electric bill by at least 10 to 20 percent.

SolarCity claims their approach lowers the financial bar by letting people get panels for no money down. But could this hurt your wallet in the long run?

“You should do the math and look at the lease numbers, look at the purchase numbers and add them all up and see what does it look like,” Mike Fay of SunRay Solar in Concord said.

Fay said that if your average electrical bill is $150 it will take about 25 solar panels to meet your usage.

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