Connecticut has the second highest electrical energy charges within the US, following Hawaii. That’s a results of location and vitality market legal guidelines within the state. While Connecticut might not obtain as a lot daylight as states like Arizona, photo voltaic vitality remains to be a good way so that you can get monetary savings and use a renewable vitality supply should you stay there.
Residential photo voltaic costs have decreased by over 50% within the final decade, in accordance with the Solar Energy Industries Association. Meanwhile electrical energy charges in Connecticut elevated by 11.8% from November 2021 to 2022. Connecticut residents pay a median month-to-month invoice of $170.55, the third highest within the nation, in accordance with SaveOnEnergy, which is owned by CNET’s guardian firm. Installing photo voltaic panels at dwelling might cut back your vitality prices whereas additionally serving to the setting.
Connecticut photo voltaic panel prices
The whole value of photo voltaic panel programs in Connecticut varies primarily based on the variety of panels, allow charges, set up prices and extra gear comparable to photo voltaic batteries. Based on information from the Lawrence Berkeley National Laboratory, Connecticut’s common photo voltaic panel system dimension is 10.79 kilowatts, which is bigger than the US common by 2.19 kW. The common value per watt is decrease than the US common, however the whole value is increased attributable to dimension. Incentives and rebates can be found to assist decrease photo voltaic prices.
Connecticut vs. the US
| System dimension (kW) | Price per watt | Total value | |
| Connecticut | 10.79 | $3.51 | $37,856 |
| US | 8.6 | $3.67 | $31,558 |
Advertiser Disclosure: SaveOnEnergy, owned by CNET’s guardian firm Red Ventures, might help you discover the appropriate vitality match to your dwelling. The SaveOnEnergy market helps you search, examine, join and save on the appropriate vitality match to your dwelling — all totally free. If you are concerned about photo voltaic, reply a number of inquiries to get an actual value quote from our photo voltaic advisers.
Connecticut photo voltaic panel incentives and rebates
You can purchase photo voltaic panels in Connecticut with an upfront money cost or finance them over time with a photo voltaic mortgage. While paying for a system with money or a mortgage will prevent essentially the most over time and offer you entry to tax rebates and incentives, photo voltaic leases and energy buy agreements are additionally out there in Connecticut and provide decrease upfront prices.
Federal and state incentives and rebates assist make photo voltaic panels extra reasonably priced. The residential clear vitality credit score is a federal photo voltaic tax credit score providing 30% in direction of the acquisition of a photo voltaic system as a credit score in your federal tax return. This could possibly be a financial savings of almost $11,400 for the typical system dimension in Connecticut. Additional incentives might decrease the worth extra.
Connecticut photo voltaic incentives
| Program | Description |
|---|---|
| Energy Conservation Loan Program | Receive a mortgage for as much as $25,000 in direction of emergency vitality effectivity dwelling enhancements, together with renewable vitality. |
| Property Tax Exemption | Renewable vitality programs, together with photo voltaic programs, are exempt from property taxes. |
| Residential Clean Energy Credit | Apply by way of the IRS for a 30% federal tax credit score for photo voltaic programs put in from the start of 2022 by way of 2032. The credit score decreases to 26% in 2033 and 22% in 2034 and, until renewed, expires in 2035. |
| Residential Renewable Energy Solutions Program | Solar house owners can choose from two incentive charge buildings to obtain credit towards electrical energy payments and promote renewable vitality certificates. This program changed the state’s internet metering program. |
| Sales Tax Exemption | Solar panel programs are exempt from gross sales tax in Connecticut. |
Solar panel corporations in Connecticut
Nearly 160 photo voltaic corporations function in Connecticut, making selecting an installer robust. We’ve researched and compiled an inventory of some high photo voltaic panel corporations in Connecticut to think about. The record consists of high nationwide photo voltaic manufacturers and native choices.
Green Power Energy
Since 2009, Green Power Energy has supplied photo voltaic set up providers in northeast states, together with Connecticut, New Jersey and Pennsylvania. Its full-service crew takes the method from design to set up and features a 25-year guarantee. Green Power Energy affords free quotes and is licensed to put in Panasonic photo voltaic panels and Enphase merchandise.
Momentum Solar
Currently working in 11 US states, Momentum Solar offers photo voltaic panel and battery installations. In addition to producer warranties, Momentum features a 25-year quality-of-work guarantee on set up. Momentum Solar’s cellular app permits you to monitor your system’s set up and monitor its manufacturing afterwards.
Palmetto Solar
Founded in South Carolina, Palmetto additionally installs in Connecticut. Palmetto affords providers and gear backed by an extra 12-year product guarantee and a 25-year efficiency guarantee. The firm offers a subscription service, Palmetto Protect, to supply real-time monitoring and guarantee your photo voltaic system runs effectively.
SolarPower Solar
SolarPower Solar is listed as CNET’s finest total photo voltaic firm for its extremely environment friendly photo voltaic panels and powerful warranties. SolarPower installs Maxeon photo voltaic panels with one of many highest effectivity rankings in the marketplace at 22.8%. Its photo voltaic panel guarantee ensures 92% manufacturing capability for 25 years and its photo voltaic battery guarantee lasts 10 years. SolarPower affords a free on-line quote and session to see how a lot cash it can save you by selecting photo voltaic vitality.
Trinity Solar
Trinity Solar operates in 9 US states and the corporate has accomplished over 67,000 dwelling installations in Connecticut since increasing to the state in 2014. The family-owned firm works with clients to design a photo voltaic system and installs name-brand merchandise comparable to Qcells panels, SolarEdge inverters and Tesla photo voltaic batteries. In addition to the producer guarantee, Trinity affords a five-year quality-of-work guarantee, shorter than most rivals.
Installation elements to think about
When figuring out if putting in a photo voltaic system is best for you, have in mind the next 5 issues to think about.
Neighborhood and residential house owners associations: Connecticut does not have legal guidelines prohibiting dwelling house owners associations from banning photo voltaic panels. Before set up, evaluate your HOA or different neighborhood affiliation guidelines concerning photo voltaic panel programs and their placement.
Access to daylight: Solar panels will generate much less vitality in case your roof is shaded by timber or different parts many of the day. Solar panels begin to make monetary sense when get direct daylight for no less than 4 hours a day.
Home insurance coverage: Communicate together with your home-owner’s insurance coverage company to make sure photo voltaic panels are included in your coverage.
Do you hire?: Renters have much less decision-making energy than owners when making property adjustments. Community photo voltaic applications are an awesome possibility for renters as a subscription-style service from corporations like Arcadia.
Roof situation: A licensed installer ought to examine your roof earlier than finalizing your system placement and set up. The installer will advocate any wanted upkeep and repairs earlier than your system is put in.
Connecticut solar energy FAQs
Are photo voltaic panels price it in Connecticut?
Yes. You can get monetary savings on electrical energy payments by powering your private home with inexperienced vitality. Connecticut has one of many highest electrical energy charges within the US, and putting in photo voltaic panel programs will possible cut back your electrical energy prices.
Does Connecticut have a photo voltaic tax credit score?
Yes and no, the state itself doesn’t have tax credit however has applications to cut back prices, comparable to property and gross sales tax exemptions. Additionally, Connecticut residents might apply for the clear vitality credit score from the federal authorities. The photo voltaic tax credit score is a 30% credit score on photo voltaic panel programs bought from the start of 2022 by way of 2032.
How a lot do photo voltaic panels value in Connecticut?
$37,856 is the typical value of photo voltaic panels in Connecticut for a ten.79 kW system. The whole value to your system will rely on the variety of panels wanted, location, roof repairs and different elements. We advocate getting quotes from a number of corporations and educating your self on photo voltaic scams earlier than making a last determination.