17 Best Solar Companies in Cheshire Village, CT (Sep 2022 Review)

The Cost and Benefits of Solar in Cheshire Village

Solar panels run off a free energy source — the sun — but to take advantage of this you will need to pay to set up your panels. There are several factors you should consider when trying to determine how much it will cost and how much you can save, such as:

• Incentives: One thing that can save you money on 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 lead to an average of $24,000 of savings over 20 years.
• Average daily sunlight: Since Cheshire Village gets a decent amount of average daily sunlight, your solar panels can generally generate enough energy to power your whole home, which impacts how much your electricity bills will be.
• Energy consumption: Solar may be an expensive investment for homes that don't need too much energy per month.
• System size and type: Some models are more expensive than others, so the one you choose can raise or lower your upfront cost. 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 several solar incentives, they are a solid investment for many homeowners.

Solar Incentives in Cheshire Village

One of the good things about installing a solar panel system is earning government incentives. Local solar incentives vary by location and, sometimes, utility company. A lot of states offer rebates for solar panels, in addition to the federal solar tax credit. The table below lists out the incentives you can find in Cheshire Village.

Environmental Impact of Switching to Solar in Cheshire Village

Going solar can have a meaningful impact on the environment. But you may be wondering — how much exactly can you help the planet by going solar? If your home consumes lots of energy, you can help the environment even more by switching to solar power. Because solar panels don't release CO2 emissions into the atmosphere when creating electricity, they're a good swap for nonrenewable energy sources. In fact, you could expect to reduce your carbon dioxide emissions by about 40 pounds each year. As you can see, trading traditional energy for solar has so many other rewards beyond saving money. One of the major ones is that you can help save the Earth too.