15 Best Solar Companies in Bolton, CT (Aug 2022 Review)

The Cost and Benefits of Solar in Bolton

For the majority of homeowners, whether or not you should invest in solar energy depends the most on the cost. The installation cost is just one important factor you should take into account when looking into getting solar panels. How much it'll cost and how much you can save depend on things including:

• The kind of solar panel system you can afford: This depends on what your budget is.
• Incentives: Tax-paying citizens who purchase and install a solar energy system this year can save 26% of their overall solar costs by taking advantage of the federal solar investment tax credit. You can also save about $22,000 on your utility bills over 20 years without incentives.
• Your current power bills: Solar panels can substantially decrease, or completely eliminate, your utility bills. In Bolton, you can save an average of $90 a month.
• How much electricity your household consumes: Households that need a lot of electricity each month may call for more solar panels and, therefore, more upfront cost, but will also save more on their energy bills over time.

Solar is a rewarding investment for most homeowners. You can make your own electricity instead of paying for it from a utility company and make use of solar incentives and rebates, all while helping the environment.

Solar Incentives in Bolton

Because solar power is better for the environment than fossil fuels, there are quite a few government incentives in place to encourage people to make the switch. Regardless of where you live, you can take advantage of the federal Solar Investment Tax Credit (ITC), which lets you claim 26% of your project costs on your tax return, lowering the amount of taxes you owe that year. Plus, there may be some local incentives that can save you some extra money too. In the table below, you can find out about the incentives you qualify for in your area.

Environmental Impact of Switching to Solar in Bolton

There are a few big reasons why homeowners want to invest in solar energy: for the financial and environmental benefits. You may be wondering — how much does making the switch help the planet anyway? For homeowners and business owners who are environmentally-conscious, using solar power is an easy choice, especially since Bolton produces a fair amount of carbon dioxide emissions from its energy generation. Since solar panels don't release CO2 emissions into the atmosphere when creating electricity, they're a good alternative to traditional energy sources. In fact, you could lower 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 homeowners have been happy with making the switch to solar.