12 Best Solar Companies in Long Hill, CT (Aug 2022 Review)

The Cost and Benefits of Solar in Long Hill

When deciding on a solar company, most homeowners or business owners wonder about the costs above all. The installation cost is just one important factor you should consider when looking into getting solar panels. How much it'll cost and how much you can save depend on things such as:

• How much energy costs for you: If your local power rates are quite high, there's a better chance you'll see a higher return on your investment in solar panels. In Long Hill, you can save an average of $91 a month on your electricity bills.
• How much energy you use: If your family regularly uses a lot of energy, you'll reap more rewards from switching to solar.
• Incentives: Something that can reduce the cost of your solar project is the solar investment tax credit (ITC), which is a tax credit that's equal to a percentage of the project cost. You can also save money on your power bills, which can give you an average of $23,000 of savings over 20 years.
• The model of solar panels you have the money for: This hinges on how much you're willing to spend upfront.

Though a solar panel system costs a decent chunk of money upfront, it can save you much more over time. The question of how much, though, depends on several factors, like the kind of solar panels you get and your local electricity rates.

Solar Incentives in Long Hill

In an effort to increase solar panel installation and usage, incentives are offered by the government — and even some utility companies — to help make switching to solar power more economical and accessible. Everyone can take advantage of the federal Solar Investment Tax Credit (ITC), which will let you claim 26% of your project costs when you file taxes, lowering the amount of taxes you owe that year. Plus, there may be some local incentives that stack with the ITC too. In the table below, you can see the incentives you qualify for in your area.

Environmental Impact of Switching to Solar in Long Hill

Many want to do their part to help the environment, which for many is the primary motivation to install solar panels. You may be curious — how much do solar panels help the environment anyway? The more energy your family uses, the better off the planet will be from you switching to solar since you won't have to burn as many fossil fuels. When you go solar, your carbon footprint can be cut by about 40 pounds a year. If you want to do what you can for the environment, you'll most likely understand that there are many benefits of adopting solar power other than just saving money on electricity. You can also help preserve the environment, which some would argue is priceless.