17 Best Solar Companies in Columbia, CT (Mar 2023 Review)

The Cost and Benefits of Solar in Columbia

We get that for most homeowners, the decision to invest in solar highly depends on installation costs. Some important factors that dictate the cost of installing solar panels on your home and how much money you could save over time are:

• Your power bills: This will determine how much money you might save. In Columbia, the average resident can save about $1,100 a year on their electricity bills.
• Energy consumption: Solar may be an expensive investment for families that don't use too much energy each month.
• The kind of solar panels you have the money for: This is dependent on how much you're willing to spend upfront.
• Incentives: Those who buy and install a solar system this year can save 30% of their overall solar costs by using the federal solar investment tax credit. You can also save about $22,000 on your electricity bills over 20 years excluding incentives.

Thanks to the cost of solar panels being lower than before as well as several solar incentives, they are a sound investment for most homeowners.

Solar Incentives in Columbia

One of the benefits of installing a solar panel system is earning federal and potentially state incentives. When you install solar panels on your house, you can take advatage of the federal tax credit, or ITC. This credit currently lets you lower your tax bill by 30% of the cost of your solar panels. Additionally, there are often some local incentives that you can take advantage of to further save. For comprehensive information about incentives for homeowners in Columbia, see our our article on solar incentives.

Environmental Impact of Switching to Solar in Columbia

One reason so many are thinking of switching to solar power is to help bring down their environmental impact. A question many people might be thinking about is how much can they really help preserve the environment by going solar anyway? The more energy you use, the better off the planet will be from you switching to solar since you won't need to use as much nonrenewable energy. Though solar panel manufacturing emits carbon dioxide, the panels make up for it by considerably decreasing the amount of CO2 you would have been responsible for if you still used traditional energy. In Columbia, you can reduce your carbon footprint by 40 pounds a year with solar panels. If you want to do your part for the environment, you'll likely get that there are many benefits of adopting solar energy other than just saving money on bills. You can also help preserve the environment, which some would argue is worth more.