18 Best Solar Companies in Bristol, CT (Dec 2022 Review)

The Cost and Benefits of Solar in Bristol

For most homeowners, the decision to invest in solar energy comes down to the cost. A few important factors that determine how much it will cost to install a solar panel system on your home and how much money you could save over time include:

• How much sunlight your roof gets: If your rooftop doesn't get a lot of direct sunlight, your solar panel 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 you spend on energy: The average family in Bristol spends around $1,100 a year on home energy use alone, so you could gain that much in savings.
• Incentives: One thing that can reduce the cost of your solar project is the solar investment tax credit (ITC), which is a tax credit that's equal to a percentage of the project cost. You can also save a decent amount of money on your utility bills, which can result in an average of $22,000 of savings over 20 years.
• System size and type: Some models are more expensive than others, so the one you choose can raise or lower your initial investment. Plus, the more solar panels you need to buy, the more it'll cost.

Thanks to solar panels now being cheaper than ever as well as local and federal solar incentives, they are a solid investment for most homeowners.

Solar Incentives in Bristol

Although solar power is typically a big investment, it can save you a substantial amount of money over the lifespan of your solar panels due to lower power bills and government incentives. You qualify for the federal solar investment tax credit (ITC) for the tax year you turn on your a solar panel system. You can also possibly use the ITC with other state and city rebates and benefits. Check out our article on solar incentives to learn what incentives you can benefit from.

Environmental Impact of Switching to Solar in Bristol

Installing solar panels can have a meaningful impact on the environment. You may be asking yourself — how much does making the switch do for the environment anyway? One thing that can dramatically shape your carbon footprint is your commute time and how much you drive altogether. If you switch to solar power and have an electric car, you can significantly cut back on your carbon dioxide emissions by charging your car at home. In Bristol, the average resident can reduce their carbon footprint by 40 pounds a year once they go solar. Since solar energy is renewable and generates electricity without releasing carbon emissions, adding solar panels to your home is one easy step you can take to help the environment.