18 Best Solar Companies in Hartford, CT (Mar 2023 Review)

The Cost and Benefits of Solar in Hartford

Although solar panels can save you a decent chunk of change on electricity bills over time, it's important to consider the startup costs. The cost and possible savings vary depending on some important factors such as:

• Incentives: The federal solar investment tax credit currently allows you to lower your taxes by 30% of the project cost. Your state and city may also have incentives and rebates that you can benefit from. In addition, you can save about $22,000 over 20 years on your utility bills, before factoring in incentives.
• Your home's orientation toward the sun: This, and how your roof is set up, affects affect how much electricity your solar panels can produce.
• Your home's power bills: Due to fairly high monthly electric bills in Hartford, you could save about $1,100 a year with solar.
• System size and type: Some models are more expensive than others, so the one you want to get can raise or lower your upfront cost. Plus, the more solar panels you need to buy, the more it'll cost.

So is buying solar panels worth it? Whether you want to decrease your electric bills, carbon emissions or both, solar panels are a great investment for many Hartford homeowners.

Solar Incentives in Hartford

Although a solar power system is typically a big investment, it can save you much money over time because of lower utility bills and government incentives. When you install a solar panel system on your house, you become eligible to claim the federal tax credit, or ITC. This credit currently lets you reduce your tax bill by 30% of the cost of your solar panels. Plus, there may often be some regional incentives that you can take advantage of to further save. You can find out about the incentives you can take advantage of in our article on solar incentives

Environmental Impact of Switching to Solar in Hartford

One of the best reasons to switch to solar power is to reduce your reliance on traditional energy sources like burning fossil fuels, which are damaging for the environment. You may be wondering — how much does making the switch help the environment anyway? If your household uses lots of energy, you can help the environment even more by switching to solar energy. Because solar panels don't release CO2 emissions into the atmosphere when generating electricity, they're a good substitute for nonrenewable energy sources. In fact, you could reduce your carbon dioxide emissions by about 40 pounds each year. The good things about solar power are abundant — just like solar power is! That's why so many people have been happy with making the switch to solar.