Pineneedles,
The rebates are totally separate from the concept of net metering. You will receive a 30% tax credit based on the gross of the array, and in addition receive a 50 cent per kilowatt rebate from the NH PUC(capped a $2,500).
Think of net metering as the meter spinning backwards as you produce excess power and generating credits on your NHEC account. A properly sized array is based on your annual consumption, and if it is figured right at the end of a year the net metering credits will cancel out your consumption debits. The Co-op is unique in that they discount the net metering credits by 25%, so an array would have to be slightly oversized to accommodate this and still be able to hit net zero at year's end. I hope that helps!
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