17 Best Solar Companies in Norwich, CT (Feb 2023 Review)

The Cost and Benefits of Solar in Norwich

For many people considering switching to solar, the decision of which solar installer to hire comes down to how much it'll cost. The overall price and potential savings vary depending on a few key factors such as:

• Incentives: One thing that can save you money on 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 on your utility bills, which can give you an average of $25,000 of savings over 20 years.
• How much energy costs for you: The typical family in Norwich shells out around $1,200 a year on energy alone, so you could gain that much in savings.
• The amount of sunlight your roof gets: If your rooftop doesn't see much direct sunlight, your solar system won't be able to generate as much energy, which will leave you with lower savings on power bills than a house with a roof that gets plenty of sunlight.
• The kind of solar panel system you have the money for: This depends on how much you're willing to invest upfront.

Even though a solar panel system costs a good chunk of money upfront, it can save you a considerable amount in the long term. The question of how much, though, depends on a number of factors, like the kind of solar panels you get and your current power bills.

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 our article on solar incentives

Environmental Impact of Switching to Solar in Norwich

Making the switch to solar power is a compelling way to do your part for a more eco-friendly future. You may be curious — how much does going solar help the environment anyway? In a city like Norwich where energy use is somewhat high, making the switch to solar power is a good idea for homeowners who are eco-conscious. Since 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 look forward to lowering your carbon dioxide emissions by about 40 pounds each year. Since solar power is plentiful and makes electricity without CO2 emissions, installing solar panels is one easy step you can take to help preserve the planet.