17 Best Solar Companies in Norwich, CT (Sep 2022 Review)

The Cost and Benefits of Solar in Norwich

When deciding on a solar company, most homeowners or business owners wonder about the costs the most. There are several factors you should take into consideration when trying to determine the overall cost and how much you can save, including:

• Incentives: Tax-paying citizens who buy and install a solar energy system this year can save 30% of their overall solar costs by using the federal solar investment tax credit. You can also save about $25,000 on your energy bills over 20 years excluding incentives.
• How much sunlight your roof gets: This, along with your roof configuration, affects affect how much energy your solar panels can make.
• How much power your household consumes: Households that need a lot of power each month may require more solar panels and, therefore, more upfront cost, but will also save more on their energy bills over time.
• System size and type: Some models are more pricy than others, so the one you want can raise or lower your upfront cost. Plus, the more solar panels you need, the more it'll cost.

Solar is a valuable investment for most homeowners. You can produce your own electricity instead of paying for it from the grid and take advantage of solar tax credits and rebates, all while helping protect the environment.

Solar Incentives in Norwich

Although a solar power system is typically a big investment, it can save you a lot of money over the lifespan of your solar panels due to reduced energy bills and government incentives. When you install solar panels on your home, you become eligible to claim the federal tax credit, or ITC. This credit currently lowers your tax bill by 30% of the cost of your solar panels. In addition, there are often some state and city incentives that you can use to further save. You can find out about the incentives available to you in the table below.

Environmental Impact of Switching to Solar in Norwich

A lot of people want to do their part for the environment, which often is the primary reason they're interested in installing a solar system. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Norwich, though. The amount of energy you use is an important factor to think about. The more power your home uses, the bigger your impact when you switch to solar energy. Though solar panel production emits carbon dioxide, the panels make up for it by considerably reducing the amount of CO2 you would have released if you still used traditional energy. In Norwich, you can reduce your carbon footprint by 40 pounds a year with solar panels. If you want to do your part for the environment, you'll likely get that there are many benefits of adopting solar energy other than just saving money on electricity. You can also help preserve the environment, which some would argue is more valuable.