Deadline Approaching for Local Solar Power Discount
Share this post
Exeter, NH. (October 16, 2015) — The deadline is fast-approaching to participate in a discounted solar power program in the towns of Chester and Derry. Solar Up New Hampshire is a community-supported initiative that offers a discount on the installation of solar photovoltaic arrays in a designated area. After a competitive bidding process, New England-based ReVision Energy was selected as the preferred vendor for both towns.
The tiered pricing structure depends on the number of participants and is available for contracts signed by a November 30 deadline. Each higher tier represents a greater per watt system discount. The program is nearing tier three of a five-tiered pricing structure, though it is expected to eventually reach tier five. At its highest tier, the discount will translate to an approximate 6% savings on an installed system. The incentive is in addition to a 26% federal tax credit and a state rebate up to $2,500.
ReVision has received more than 200 inquiries for Solar Up site evaluations. The company’s first installation in the Chester-Derry program was completed this month on the home of Dave Ciarla. 30 grid-tied solar panels were installed on the Derry home. The nine kilowatt solar array will produce approximately 11,250 kilowatt hours per year and will translate into an annual savings of approximately $1,800.
Ciarla says his family’s decision to adopt solar power was driven by financial and environmental considerations. “Every sunny day is like watching a faucet running,” said Ciarla. “You’re seeing the energy going to waste. Environmentally speaking, it feels good to know that I’m going to be relying on the sun and not someone’s fossil fuels.”