12 Best Solar Companies in Redding, CT (Mar 2023 Review)

The Cost and Benefits of Solar in Redding

For many readers, the decision of which solar company to choose depends on costs. The installation cost is just one important factor you should bear in mind when looking into installing solar panels. How much it'll cost and how much you can save depend on things including:

• The cost of electricity in your area: If your local power rates are quite high, there's a good chance you'll have a higher return on your investment in a solar panel system. In Redding, you can save an average of $97 a month on your electricity bills.
• Incentives: Those who install a solar system this year can save 30% of their total solar spend by taking advantage of the federal solar investment tax credit. You can also save about $25,000 on your utility bills over 20 years not including incentives.
• Choice of solar panels: The kind of solar panels you are interested in getting will affect your total cost. High-efficiency monocrystalline panels are more expensive upfront but can also save you more money over the lifetime of your system. If space isn't a constraint for your project, you can go with a higher number of more affordable panels.
• Energy consumption: Installing a solar system may be too pricey an investment for families that don't use too much energy each month.

Due to solar panels decreasing in cost as well as several solar incentives, they are a cost-effective investment for most homeowners.

Solar Incentives in Redding

In an effort to increase the adoption of solar power, federal, state and local governments — and even some utility companies — offer incentives to help make switching to solar power more economical and accessible. In addition to the federal tax credit incentive, there are also some state- and city-level programs, which in the majority of cases, stack with the federal incentive, so you can save even more. Our article on solar incentives goes over more in-depth information on the incentives you can benefit from in Redding.

Environmental Impact of Switching to Solar in Redding

There are a few big reasons why many people are considering solar energy: for the financial and environmental benefits. A question many might be thinking about is how much can they really help preserve the environment by switching to solar power anyway? One thing that can severely shape your carbon footprint is your commute time and how much you drive generally. If you install solar panels and drive an electric car, you can significantly cut back on your carbon dioxide emissions by charging your car at home. In fact, if you install solar panels, you could look forward to lowering your carbon dioxide emissions by about 40 pounds each year. As you can see, using solar power has so many other rewards outside of saving money. One of the most important ones is that you can help save the environment too.