13 Best Solar Companies in Naugatuck, CT (Mar 2023 Review)

The Cost and Benefits of Solar in Naugatuck

Solar panels are powered by a free energy source — the sun — but before you can take advantage of this you must first pay to install your system. Some significant things that affect the cost and possible savings include:

• How much energy costs for you: The average family in Naugatuck spends around $1,100 a year on energy use alone, so you could end up with that much in savings.
• Incentives: One thing that can reduce the cost of your solar project is the solar investment tax credit (ITC), which is a tax credit that lets you deduct from your taxes a percentage of the project cost. You can also save a decent amount of money on your energy bills, which can result in an average of $23,000 of savings over 20 years.
• The model of solar panels you can buy: This depends on what your budget is.
• Electricity consumption: The average home in Naugatuck doesn't use much energy, and so may not see as many savings on their power bills.

So is a solar panel system worth it? Whether you'd like to decrease your electricity costs, greenhouse gas emissions or both, solar panels are a good investment for many Naugatuck homeowners.

Solar Incentives in Naugatuck

There are many good reasons why you should switch to solar. One of them includes some government incentives that can save you money. You are eligible for the federal solar investment tax credit (ITC) for the tax year you turn on your a solar panel system. You can also potentially pair the ITC with other state and city rebates and benefits. For comprehensive information about incentives that apply to you, see our our article on solar incentives.

Environmental Impact of Switching to Solar in Naugatuck

There are tons of reasons to make the switch to solar power, like saving on electricity bills and helping to lower your carbon footprint. A question many might have in mind is how much can they really help preserve the environment by going solar anyway? The average person has a substantial carbon footprint. Between their car, which is responsible for over 10,000 pounds of carbon dioxide emissions each year, and electricity for their home, it can be overwhelming to figure out what to do. Installing solar panels is a simple thing you can do to help. Because solar panels don't release carbon dioxide emissions into the atmosphere when generating electricity, they're a good alternative to nonrenewable energy sources. In fact, you could expect to reduce your carbon dioxide emissions by about 40 pounds each year. For homeowners who care about the environment, the upfront cost of solar is a small price to pay for the offset carbon emissions.