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

The Cost and Benefits of Solar in Norwalk

The cost of installing a solar panel system has dropped greatly in the past few years, but it's still a large investment for most homeowners. The cost of solar and the savings it generates vary depending on a few important factors such as:

• Your energy bills: This will dictate how much you can save. In Norwalk, the average homeowner can save about $1,100 a year on their electricity bills.
• Incentives: Those who purchase and install a solar system this year can save 30% of their installation costs by taking advantage of the federal solar investment tax credit. You can also save about $24,000 on your utility bills over 20 years without incentives.
• The type of solar panels you want to get: Some have higher prices, so that will determine your budget for your solar project.
• The amount of sunlight your roof gets: If your rooftop gets limited direct sunlight, your solar system won't be able to produce as much energy, which will give you lower savings on electricity bills than a house with a roof that gets lots of sunlight.

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

Solar Incentives in Norwalk

One of the benefits of installing a solar panel system is earning incentives from the government. You can qualify for the federal solar investment tax credit (ITC) for the tax year you turn on your a solar system. You can also possibly stack the ITC with other local rebates and benefits. Our article on solar incentives goes over more information on the incentives you can benefit from in Norwalk.

Environmental Impact of Switching to Solar in Norwalk

There are a few important reasons why homeowners want to invest in solar energy: for the financial and environmental benefits. You may be asking yourself — how much do solar panels do for the planet anyway? The average person has a sizable carbon footprint. Between their car, which produces over 10,000 pounds of carbon dioxide emissions every year, and electricity for their home, it can be overwhelming to think about what to do. Switching to solar is a practical thing you can do to help. Once you go solar, your carbon footprint can be lowered by about 40 pounds a year. Since solar power is plentiful and makes electricity without CO2 emissions, making the switch to solar power is one easy step you can take to help the environment.