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April 24, 2023

Should You Go Solar? Considerations for New Hampshire Homeowners

Electricity rate hikes have many New Hampshire residents considering solar panels as a way to keep expenses down. Here are some factors to consider when deciding whether to “go green.”

How will your location impact installation and tax?

Check your town’s ordinances for specific rules on how, when, and where solar panels may be installed on your property. Installing solar panels may increase the value of your property, as well as your tax assessment. Check with your town to see if there are any solar power tax exemptions available to you.

How will you obtain the solar panels?

Solar companies offer various ways to buy, finance, or lease solar panels, and potential buyers should make an informed decision about what arrangement will work best for them. For example, leasing can be an affordable option, but it may impact your property rights long term.

Will you need a Solar Skyspace Easement?

Depending on their location, your solar panels may rely on sun exposure from a neighboring property. However, if that neighbor plants a tree or puts an addition on their home, it could render your solar panels obsolete.

A Solar Skyspace Easement is one way for New Hampshire property owners to ensure unobstructed access to sunlight. These easements last a minimum of 10 years, and memorialize an agreement between neighbors to refrain from obstructing sunlight to the solar panels.

Will the panels be covered by your insurance?

If you install solar panels, check with your insurance provider to confirm that they are covered by your homeowners insurance policy or another insurance policy.

Who can help?

If you’re considering installing solar panels on your property, it’s important to speak with an attorney versed in New Hampshire property and energy law. Wescott Law’s experienced attorneys are available to assist with renewable energy and solar law matters, as well as many other areas of law.

About Wescott Law

Wescott Law is dedicated to serving the legal needs of businesses and individuals in the Lakes Region and beyond. Our main office is located in Laconia, with satellite locations in Meredith and Plymouth.

April 24, 2023