16 Best Solar Companies in Hamden, CT (Aug 2022 Review)

The Cost and Benefits of Solar in Hamden

For many people considering switching to solar, the decision of which solar company to go with depends on prices. The cost of solar and the savings it generates vary depending on some important factors such as:

• Incentives: The federal solar investment tax credit, which everyone in the U.S. is eligible for, allows you to deduct 26% of the cost of your solar system installation from your federal taxes. Additionally, not including incentives, you can save about $25,000 over 20 years on your energy bills.
• Your current electric bills: Solar panels can dramatically decrease, or entirely eliminate, your utility bills. In Hamden, you can save an average of $101 a month.
• Your income and budget: This shapes what kind of solar panels you can afford.
• Energy consumption: Installing solar panels may be an expensive option for households that don't consume a good amount of energy each month.

Solar is a profitable investment for most homeowners. You can generate your own electricity instead of paying for it from the grid and take advantage of solar incentives, all while helping preserve the planet.

Solar Incentives in Hamden

If you're considering switching to solar power, several government incentives and state programs can immensely lower the installation costs and expedite the return on your investment. You are eligible for the federal solar investment tax credit (ITC) for the tax year you turn on your solar panels. You can also possibly pair the ITC with other local rebates and benefits. For more information about local incentives, check out the table below.

Environmental Impact of Switching to Solar in Hamden

Making the switch to solar power is a profound way to do what you can for a more eco-friendly future. But how much can installing solar panels actually affect the environment? One thing to consider is your overall carbon footprint. For example, if you have a long commute time and have an electric vehicle, you can use solar energy for your home to power your EV and therefore help offset your carbon emissions. If you go solar, your carbon emissions can be reduced by about 40 pounds each year. The good things about solar power are infinite — just like solar power is! That's why so many Hamden residents have been happy with making the switch to solar.