14 Best Solar Companies in Bloomfield, CT (Oct 2022 Review)

The Cost and Benefits of Solar in Bloomfield

Solar panels run off a free energy source — the sun — but to take advantage of this you must first pay to set up your panels. Some key things that influence the upfront cost and potential savings over time include:

• Choice of solar panels: The kind of solar panels you need will affect your total cost. High-efficiency monocrystalline panels are more expensive upfront but can also lead to more savings over the lifetime of your system. If space isn't a constraint for your project, you can go with a higher number of more affordable panels.
• Your location: This influences how much sunlight your roof receives, which helps determine how many panels you need.
• Incentives: One thing that can make your solar project cost less is the solar investment tax credit (ITC), which is a tax credit that lets you deduct from your taxes a percentage of the project cost. You can also save on your energy bills, which can generate an average of $22,000 of savings over 20 years.
• How much power your household needs: If your family uses a lot of energy, you'll see more savings from switching to solar.

Solar is a fruitful investment for most homeowners. You can generate your own power instead of paying for it from the grid and take advantage of solar tax credits and rebates, all while helping the environment.

Solar Incentives in Bloomfield

If you're considering switching to solar power, a number of government incentives and tax credits can drastically lower the installation costs and speed up the return on your investment. Local solar incentive programs depend on the location and, sometimes, utility company. A lot of states offer rebates for home solar power systems, in addition to the federal solar tax credit. For more information about local incentives, check out the table below.

Environmental Impact of Switching to Solar in Bloomfield

There are a few big reasons why many people are considering solar energy: to put more money in their bank account and to help the planet. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Bloomfield, though. Your energy usage is a key factor to consider. The more energy you use, the greater your impact when you go solar. In fact, if you make the switch to solar power, you could reduce your carbon dioxide emissions by about 40 pounds each year. The good things about solar power are plentiful — just like solar power is! That's why so many Bloomfield residents have been happy with using solar energy.