Solar Panels in Salem, NH: Cost, Payback & Savings

A typical 6.0 kW home solar system in Salem costs about $22,200 and pays for itself in about 9.9 years, saving roughly $43,648 over 25 years at New Hampshire's average electricity price of 26.8¢/kWh.

Strong investmentpayback 9.9 years
System size
6.0 kW
15 × 400 W panels
Upfront cost
$22,200
at New Hampshire median $3.70/W
First-year savings
$2,059
about $172/month
25-year net savings
$43,648
after paying for the system
Production
7,686 kWh/yr
103% of a typical home's use
Peak sun hours
4.7/day
1,281 kWh per kW per year

Monthly solar production in Salem

Estimated output of a 6.0 kW south-facing roof system. Jul is the strongest month (847 kWh); Dec the weakest (362 kWh).

02004006008001,000Jan: 467 kWhJanFeb: 574 kWhFebMar: 714 kWhMarApr: 759 kWhAprMay: 802 kWhMayJun: 766 kWhJunJul: 847 kWhJulAug: 777 kWhAugSep: 673 kWhSepOct: 538 kWhOctNov: 409 kWhNovDec: 362 kWhDec

Solar production (kWh) Typical home use, 619 kWh/month

Solar payback calculator for Salem

Pre-filled with Salem's sunshine and New Hampshire's average electricity price. Enter your own bill and an installer's price per watt to see your payback.

Leave export credit blank where the utility offers full net metering. Where exports earn less, solar used at home as it's produced is worth the full price and the rest earns the export credit.

System
Cost
Year-1 savings
Payback
25-yr net savings

How Salem compares

Net metering, tax credits and incentives in 2026

New Hampshire offers net metering: power you send to the grid is credited at or near the retail price, so every solar kWh is valued at 26.8¢ here.

There is no federal tax credit for buying home solar installed in 2026. The 30% Residential Clean Energy Credit (Section 25D) ended for systems placed in service after December 31, 2025, so the costs and paybacks on this page include no federal credit.

New Hampshire and local utilities may still offer rebates, performance payments, property-tax or sales-tax exemptions. Search the DSIRE incentives database for New Hampshire and ask installers which programs they apply for you.

Frequently asked questions

Is solar worth it in Salem, NH?

For a typical home, a solar system pays for itself in about 9.9 years and then keeps saving money. Over 25 years the estimated net savings are $43,648. Verdict: strong investment. Your own payback depends on your roof, your bill and the quotes you get.

How many solar panels do I need in Salem, NH?

A home using 619 kWh a month (the New Hampshire average) needs about 15 panels of 400 W — a 6.0 kW system — to cover its annual use. Divide your own yearly kWh by 1,281 to get the kW you need.

How much do solar panels cost in Salem, NH?

At 3.70 dollars per watt, a 6.0 kW system costs about $22,200 before any state or utility incentives. There is no federal tax credit for systems installed in 2026.

How much sun does Salem get?

Salem averages 4.7 peak sun hours per day, so each kilowatt of panels produces about 1,281 kWh a year.

Does New Hampshire have net metering?

Yes. Power sent back to the grid is credited at or near the retail price (26.8¢ per kWh on average).

How much does electricity cost in New Hampshire?

Residential electricity in New Hampshire averages 26.8¢ per kWh, and a typical home uses 619 kWh a month (EIA).

Solar payback in nearby places

Solar guides