16 Best Solar Companies in East Haddam, CT (Mar 2023 Review)

The Cost and Benefits of Solar in East Haddam

Solar panels are powered by a free energy source — the sun — but to take advantage of this you must first pay to install your panels. Some important things that affect the upfront cost and potential savings over time include:

• Incentives: The federal solar investment tax credit, which can save you some money, allows you to deduct 30% of the cost of installing your solar panel system from your federal taxes. In addition, not including incentives, you can save about $23,000 over 20 years on your energy bills.
• The amount of sunlight your roof gets: Due to East Haddam's high amount of average daily sunlight, you should be able to save a decent amount on your electricity bills.
• Your household's power bills: Based on the fairly high monthly energy bills in East Haddam, you could save about $1,100 a year with solar.
• The make and model of solar panels you're thinking of getting: More efficient models are more highly priced, so that will shape your budget for your solar project.

So is a solar panel system worth it? Whether you're trying to reduce your electric bills, greenhouse gas emissions or both, solar panels are a good investment for many East Haddam homeowners.

Solar Incentives in East Haddam

One of the good things about installing a solar panel system is earning incentives from the government. Everyone can take advantage of the federal Solar Investment Tax Credit (ITC), which will let you claim 30% of how much you paid for your solar installation when you file taxes, reducing the amount of taxes you owe that year. Additionally, there may be some local incentives that can save you some extra money too. Our article on solar incentives goes over more information on the incentives you can find in East Haddam.

Environmental Impact of Switching to Solar in East Haddam

There are tons of reasons to switch to solar energy, like saving on utility bills and helping to reduce your carbon footprint. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in East Haddam, though. In a place like East Haddam where commute times can be very long, going solar can help offset some of your carbon dioxide emissions from driving a lot. Because solar panels don't release CO2 emissions into the atmosphere when producing electricity, they're a good trade for traditional energy sources. In fact, you could be looking at reducing your carbon dioxide emissions by about 40 pounds each year. As you can see, investing in solar has so many other rewards outside of saving money. One of the major ones is that you can help save the environment too.