17 Best Solar Companies in Lebanon, CT (Aug 2022 Review)

The Cost and Benefits of Solar in Lebanon

When choosing a solar company, most homeowners or business owners think about the costs above all. The installation cost is just one important factor you should keep in mind when looking into installing solar panels. How much it'll cost and how much you can save depend on things including:

• Your income and budget: This guides what model of solar panels you can buy.
• Your current electricity bills: Solar panels can greatly lower, or entirely eliminate, your utility bills. In Lebanon, you can save an average of $93 a month.
• How much energy you use: If your home uses a lot of energy, you'll reap more rewards from switching to solar.
• Incentives: The federal solar investment tax credit currently lets you lower your taxes by 26% of the project cost. Your state may also have incentives and rebates that you can use. Plus, you can save about $23,000 over 20 years on your utility bills, not including incentives.

So is a solar system worth it? Whether you hope to reduce your energy bills, carbon emissions or both, solar panels are a good investment for many Lebanon homeowners.

Solar Incentives in Lebanon

In an effort to increase the adoption of solar power, federal and local governments — and even some utility companies — offer incentives to help make solar power more economically viable and accessible. State and city solar incentive programs depend on the location and, sometimes, utility company. A lot of states offer rebates for solar power systems, in addition to the federal solar tax credit. The table below shows you the incentives you can take advantage of in Lebanon.

Environmental Impact of Switching to Solar in Lebanon

Making the switch to solar power is a compelling way to do your part for a more sustainable future. But you may be wondering — how much exactly can you help by going solar? One thing that can drastically shape your carbon footprint is your commute time and how much you drive altogether. If you go solar and drive an electric car, you can significantly lower your carbon dioxide emissions by charging your car at home. Because solar panels don't release greenhouse gas emissions into the atmosphere when generating electricity, they're a good trade for traditional energy sources. In fact, you could expect to reduce your carbon dioxide emissions by about 40 pounds each year. For people who care about the environment, the upfront cost of solar is a small price to pay for offsetting your carbon emissions.