Connecticut: Where the sun’s embrace is cheaper than the electric company’s handshake.
Find out how much you can save with the solar incentives and programs in Connecticut.
$1,285
Average Annual Savings
See immediate savings and watch them continue to stack up year after year.
40%
Lower Monthly Payment
Trade the unpredictable electric bill for a lower, price-protected solar payment.
$0
Upfront Cost of Solar
With the incentives available in Massachusetts, the switch to solar is easy.
CT Homeowners: SAVE BIG!
Connecticut is at the forefront of crafting a greener tomorrow, one solar panel at a time. With an array of incentives and rebates, embracing solar energy and slashing energy bills has never been simpler for its residents. For those yearning for a luminous future, Connecticut stands as the ideal spot to harness the sun's energy.
How Connecticut Electric Rates Compare
Connecticut electric rates are rising faster than a hot air balloon on a windy day. The state ranks number six in the nation for the highest electricity prices, shelling out over 30% more than the national average.
But fear not, Connecticut – solar power can help you break free from those outrageous rates and give you the power to take control of your energy costs. But fear not, Connecticut – solar power can help you break free from those outrageous rates and give you the power to take control of your energy costs.
Connecticut Solar Incentives and Rebates
In the Nutmeg State, the sun's rays are practically seasoned with savings, thanks to top-tier solar incentives and state-funded programs.
1.
30% Federal Solar Investment Tax Credit (ITC)
You can claim a tax credit for 30% of the total cost of your solar system. While this credit can be used to reduce the cost of owning solar panels, it is also making the cost of leasing solar panels more affordable by reducing the monthly rate. It’s important to note that you must have enough tax liability to claim the full 30% tax credit with ownership. If you don’t qualify, we can help you explore other options to maximize your savings.
2.
Property Tax Exemption for Renewable Energy Systems
Solar panel systems are exempt from any additional property taxes on the added home value. This means that the increased property value due to the installation of a solar panel system will not lead to an increase in property taxes.
3.
Sales and Use Tax Exemption for PV and Geothermal Systems
Homeowners in Connecticut are not required to pay the standard 6.35% state sales tax for their solar panel system, resulting in no extra cost for sales taxes.
4.
Connecticut Green Bank Residential Solar Investment Program (RSIP)
This program provides incentives to Connecticut residents who install solar panels on their homes. These incentives come in the form of rebates, which can help reduce the upfront cost of installing solar panels.
5.
Connecticut Green Bank Solar for All Program
Connecticut residents can now access affordable solar energy through a new program offered by the state’s Green Bank. With the Solar for All program, low and moderate-income households can receive financial assistance for installing solar panels. The program also supports local job creation and contributes to a cleaner, more sustainable environment for all.
6.
Connecticut Net Energy Metering
Connecticut residents earn a utility credit for any solar energy that they overproduce. This credit can then be used to power your home at night and on cloudy days. While this is available in a lot of states, Connecticut goes above and beyond. With Connecticut Net Energy Metering, you earn an additional $.03 credit for any energy you overproduce. This means if you use the average 10,000 KWh per year, you’ll earn a hefty $300 credit.
7.
Distributed Generation Program:
Buy-All, Sell-All
As an alternative to Net Energy Metering, residential solar customers in Connecticut have the option to sell all of the solar power they generate back to the utility company at a fixed rate over a 20-year term. This buy-all rate will likely be higher than the current utility rate, however, you wouldn’t be actually using the solar power. So you aren’t able to add in a solar battery for back-up storage through this program.
Connecticut
Solar Incentives and Rebates
The nutmeg state has some of the best solar incentives and state-funded programs around.
30% Federal Solar Investment Tax Credit (ITC)
You can claim a tax credit for 30% of the total cost of your solar system. While this credit can be used to reduce the cost of owning solar panels, it is also making the cost of leasing solar panels more affordable by reducing the monthly rate.
It’s important to note that you must have enough tax liability to claim the full 30% tax credit with ownership. If you don’t qualify, we can help you explore other options to maximize your savings.
Property Tax Exemption for Renewable Energy Systems
Solar panel systems are exempt from any additional property taxes on the added home value from a solar installation.
Sales and Use Tax Exemption for PV and Geothermal Systems
Homeowners in Connecticut are not required to pay the standard 6.35% state sales tax for their solar panel system.
Connecticut Green Bank Residential Solar Investment Program (RSIP)
This program provides incentives and rebates to qualified Connecticut residents that can help reduce the cost of installing solar panels.
Connecticut Green Bank Solar for All Program
Connecticut residents can now access affordable solar energy through a new program offered by the state’s Green Bank. With the Solar for All program, low and moderate-income households can receive financial assistance for installing solar panels.
Connecticut Net Energy Metering
Connecticut residents earn a utility credit for any solar energy that they overproduce. This credit can then be used to power your home at night and on cloudy days.
While this is available in a lot of states, Connecticut goes above and beyond. With Connecticut Net Energy Metering, you earn an additional $.03 credit for any energy you overproduce.
This means if you use the average 10,000 KWh per year, you’ll earn a hefty $300 credit.
Distributed Generation Program: Buy-All, Sell-All
As an alternative to Net Energy Metering, residential solar customers in Connecticut have the option to sell all of the solar power they generate back to the utility company at a fixed rate over a 20-year term.
This buy-all rate will likely be higher than the current utility rate, which means immediate savings. However, you wouldn’t be actually using the solar power. So you aren’t able to add in a solar battery for back-up storage through this program.
How to Get the CT Solar Energy Incentives
We handle it all, except for doing your taxes next year. Though we recommend consulting with a tax expert, we're committed to ensuring our customers fully benefit from all federal and state solar incentives. Should you not qualify for these incentives, we also offer alternative solutions like leasing or power purchase agreements to keep you on the path to solar savings.
Can you get free solar panels in Connecticut?
While you can’t technically get “free” solar panels anywhere, they are “free” in the sense that you can expect to pay less for solar than you already do for electricity — and it costs nothing to make the switch.
So you’re swapping out an unpredictable and constantly increasing electric bill for a price protected solar payment that is usually about 40% lower. While it isn’t exactly “free”, it’s about as close as it gets.
