17 Best Solar Companies in Bridgeport, CT (Jul 2022 Review)

The Cost and Benefits of Solar in Bridgeport

While solar panels can save you money on power bills over time, it's important to take into consideration the upfront costs. There are quite a few factors you should take into consideration when trying to determine costs and your potential savings, including:

• The amount of sunlight your roof gets: If your roof doesn't get a lot of direct sunlight, your solar system won't be able to generate as much energy, which will give you lower savings on energy bills than a house with a roof that gets a lot of sunlight.
• How much power your home consumes: Homes that need plenty of electricity each month may require more solar panels and, consequently, more upfront cost, but will also save more on their energy bills over time.
• How much energy costs for you: The typical household in Bridgeport pays around $1,300 a year on energy use alone, so you could gain that much in savings.
• Incentives: The federal solar investment tax credit, which can save you some money, lets you deduct 26% of the cost of your solar system installation from your taxes. In addition, not including incentives, you can save about $28,000 over 20 years on your energy bills.

As a result of the cost of solar panels being lower than before as well as various solar incentives, they are a worthwhile investment for many homeowners.

Solar Incentives in Bridgeport

Although a solar power system is typically a big investment, it can save you much money over the lifespan of your solar panels due to smaller utility bills and government incentives. On top of the federal solar investment tax credit, there are also some state- and city-level programs, which in most cases, stack with the federal incentive, so you get to save even more. In the table below, you can see the incentives you qualify for near you.

Environmental Impact of Switching to Solar in Bridgeport

There are a few key reasons why many people are interested in solar energy: for the good of their bank accounts and the planet. You may be trying to figure out — how much does making the switch do for the environment anyway? A key thing to keep in mind is your overall carbon footprint. For example, if you spend a lot of time driving to work, your footprint may be greater, so switching to solar energy for your house can help offset that. Even though solar panel production releases carbon dioxide emissions, the panels make up for it by considerably lowering the amount of CO2 you would have been responsible for if you still used nonrenewable energy. In Bridgeport, you can reduce your carbon footprint by 40 pounds a year with solar panels. As you can see, going solar has so many other rewards beyond saving money. One of the major ones is that you can help save the Earth too.