Connecticut Solar Panels – Best Installation Companies and Incentives | CT Solar Company
Solar panels are a great way to save money and reduce your electricity costs.
Connecticut is the second most expensive state in the US for electricity, after Hawaii. This is due to the location of the state and its energy market laws. Solar energy can be a good way to save money, and it is renewable.
According to the Solar Energy Industries Association, residential solar prices have dropped by more than 50% during the past decade. In Connecticut, electricity rates increased 11.8% between November 2021 and 2022. According to SaveOnEnergy, Connecticut residents have an average monthly electric bill of $215.61. Installing at your home can reduce energy costs and help the environment.
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The best solar panel companies in Connecticut
Connecticut has nearly 160 companies that installation solar panels, which makes it difficult to choose an installer. Our team has compiled a list with the top solar panel companies to consider in Connecticut. This list includes the top national solar brands as well as local options. Premier Improvements Solar is one of Connecticut's leading Solar Installers with 5 Star google reviews and Industry best pricing with exclusive programs.
Connecticut Solar Panel Rebates and Incentives
In Connecticut, you can purchase solar panels by paying upfront with cash or pay over time using a solar loan. You can save the most money by paying with cash, but you may also qualify for tax incentives and rebates. solar leasing and power purchase agreements offer lower upfront costs.
State and federal incentives help to make solar panels affordable. The federal Solar Tax Credit offers 30% of the cost of a solar energy system towards your federal tax return.
Connecticut Solar Incentives
Program Description
Solar systems and other renewable energy systems are exempted from property tax.
Residential Clean Energy Credit
You can apply through the IRS to receive a federal tax credit of 30% for solar systems that are installed between 2022 and 2032.The credit drops to 26% by 2033, 22% by 2034, and expires if not renewed in 2035.
Residential Renewable Energy Solutions Program
Solar owners have the option to choose from two incentive rates structures to receive credits on their electricity bills or sell certificates of renewable energy.This program replaced the net metering programs of the state.
In Connecticut, solar panel systems are not subject to sales tax.
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Cost of solar panels in Connecticut
FindEnergy.com data shows the average price of a 5-kilowatt solar system, before tax incentives are taken into account.
Connecticut solar panel costs
Size of the system (kW)Price per Watt Total cost $3.75 $18,750
What is the best solar company for me in Connecticut?
Installers who have experience in the solar project you are interested in will be the best installers for your home. Your installer should have experience with your roof type and the system type you're interested in, such as grid-tied or an off-grid system.
Solar United Neighbors' communications director, Ben Delman said that homeowners who are interested in solar energy should find an installer who has worked on similar projects. This will ensure they can work with whatever type of roof they have.
Look for installers who are certified by the North American Board of Certified Energy Practitioners, and have the appropriate licensing and bonds for their work. You can learn more about an installer's reputation by reading online reviews. Google, Yelp, and Angie's List are some places you can find reviews about solar companies. Delman suggests looking for installers with at least 20–30 reviews. Asking someone you know who has solar panels installed on their home for recommendations is also a good idea.
There are other qualities to look for when choosing a solar company, besides certifications and reviews. Delman says a good installer will be able:
Provide good word-of-mouth references
Explain the project deadlines and clearly explain them.
Definitions of technical terms that are easy to understand
Transparency in pricing and system financing
Understanding the local permit requirements, and the process of system interconnection.
Understanding homeowners association restrictions will help you to navigate the process and understand it.
No matter how complex your questions may be, a reputable installer will be able to answer them. Do not be afraid to clarify any details about the project or pricing. Shop around for the best prices and get multiple quotes. Delman proposes comparing three quotes at the very least before deciding on an installer.
Considerations for installation
Keep in mind the five factors to consider when deciding if a solar power system is for you.
Homeowners' Associations and Neighborhood Associations Connecticut does not have any laws that prohibit homeowners' associations from banning solar panels. Review your HOA rules or any other neighborhood association regulations regarding solar panels and their installation before installing.
Solar Panels and sunlight: If your roof is shaded most of the time by trees, or other objects, solar panels will produce less energy. Solar panels only start to pay off when they receive direct sun at least four hours per day.
Home Insurance: Contact your insurance agent to make sure solar panels are covered in your policy.
Do You Rent?: When it comes to property changes, renters are less in control than homeowners. Community Solar Programs can be a suitable option for renters. They are available as a subscription service through companies such as Arcadia.
Roof Condition A certified installer should inspect the roof before finalizing placement and installation. Before your system is installed, the installer will make recommendations for any maintenance or repairs that are needed.
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How to pay for solar panel installation in Connecticut
Take some time to consider all of your options before deciding on the best way to buy solar panels for you. Here are some common ways you can pay for solar panels.
Cash: Paying for solar panels in cash is the best option if you have enough money to spare. You won't have to worry about high interest rates or financing fees, and you will always be eligible for tax rebates and incentives. Consider saving money in a High-Yield Savings Account if you plan to go solar.
Solar Loan: Most solar providers offer solar panel financing options, which are often called solar loans. The loans are usually overseen by third parties, so be sure to check the fees and interest rates.
Other Loans: You have options if cash is not an option. You can take out a Personal Loan from your bank, or you can open a Home Equity Line of Credit. If you decide to use a HELOC be sure to understand the risks. Your home may be foreclosed if you are unable to pay what you owe.
Power purchase agreement or lease: If you would rather not own solar panels, you can enter into an agreement for power purchase. Solar leases are used to pay for a system owned by a company. A power purchase agreement is a contract where you pay a fixed amount for electricity generated by an owned system. This rate is typically lower than that of the local utility. You can ask your solar provider what options you have.
Find the Best Solar Companies
It is difficult to review a solar company in person, and it is impossible to account for the many differences between each project. We focused instead on what we could measure and evaluate meaningfully among solar companies.
We evaluate solar companies based on three categories: equipment, warranties, and service.
Solar companies are scored on the panels, inverters, and batteries they install. In the warranty category, the company must guarantee the quality of the panels and workmanship as well as weatherization. In the service category, companies will receive points if they provide a price match and have a good level of transparency. They can also earn points if their app is well-rated for monitoring solar production. Solar companies will lose points if they have major customer service issues (lawsuits or investigations, or a reputation for poor service). The review will always include details of these service issues.
This is a detailed breakdown of how we score.
In terms of pricing, we do not consider the average cost of solar installations by a company in our score. It is hard to compare pricing across different service areas and even projects. It is also often difficult to find. We leave out information that is easily accessible (but not very useful), like how many states an organization operates in.
Connecticut Solar Energy FAQs
Do solar panels make sense in Connecticut? Yes. By using green energy to power your home, you can reduce your electricity bills. Installing solar panel systems can reduce your electricity bills. Connecticut has some of the highest rates in the US.
Is there a tax credit for solar energy in Connecticut? No, Connecticut does not offer tax credits. However, it has other programs that can reduce costs. For example, there are exemptions for sales and property taxes. Connecticut's residents can also apply for the federal clean energy credit. Solar tax credits are 30% off solar panel systems bought between 2022 and 2032.
What is the cost of solar panels in Connecticut? The average cost for solar panels in Connecticut is $37,856. This includes a system with a capacity of 10.79 kW. Your system's total cost will vary depending on factors such as the number of solar panels you need, your location, and roof repairs. Before making a decision, we recommend getting multiple quotes and learning about solar frauds.
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Premier Improvements Solar can take care of all your needs for Residential property design, permitting, installation & inspection. With Solar Tax Credits still available it's the perfect time to start moving towards financial freedom from utilities. Servicing all areas throughout Connecticut, Massachusetts give us a call @ (860)906-4006 or visit PremierImprovementsOne.com for additional information!