12 Best Solar Companies in Danbury, CT (Jul 2022 Review)

The Cost and Benefits of Solar in Danbury

Solar panels run off a free energy source — the sun — but before you can take advantage of this you will first need to pay to set up your panels. Some important factors that determine how much it will cost to install solar panels on your home and how much it could save you over time are:

• Your current energy bills: Solar panels can noticeably decrease, or completely get rid of, your utility bills. In Danbury, you can save an average of $96 a month.
• average energy usage: The more energy your household uses on average and the higher your current energy bills are, the more benefits you'll see from going solar.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you receive a tax credit curretnly worth 26% of your overall installation cost, your local government may offer additional tax exemptions, credits or rebates that can help you save even more. Excluding incentives, you can save an average of $24,000 over the first 20 years with your system, too.
• The kind of solar panel system you have the money for: This hinges on your income and budget.

Solar is a profitable investment for most homeowners. You can produce your own energy instead of paying for it from the grid and benefit from solar tax credits and rebates, all while helping the planet.

Solar Incentives in Danbury

Switching to solar power has lots of great benefits. Not only can it help preserve the planet, but you can also save a good amount of money on your installation with various government incentives. These incentives normally take the form of cash rebates, tax breaks and/or performance-based incentives. They can lower the cost of installing solar panels by 26 to 50% in some cases. The table below shows you the incentives you can find in Danbury.

Environmental Impact of Switching to Solar in Danbury

Installing solar panels is a powerful way to do your part for a cleaner and more sustainable future. But you may be wondering — how much exactly can you help the environment by going solar? In a place like Danbury where commute times can be very long, going solar can help help reduce the carbon footprint of being on the road a lot. In fact, if you make the switch to solar power, you could look forward to lowering your carbon dioxide emissions by about 40 pounds each year. As you can see, going solar has so many other benefits beyond saving money. One of the most important ones is that you can help save the planet too.