17 Best Solar Companies in Rockville, CT (Mar 2023 Review)

The Cost and Benefits of Solar in Rockville

We understand that for many homeowners, the choice to invest in solar comes down to installation costs. Some key things that influence the upfront cost and potential savings over time include:

• Your income and budget: This affects what model of solar panels you can afford.
• How much energy you use: If your home regularly uses a lot of energy, you'll see more savings from switching to solar.
• Incentives: Something that can make your solar project cost less is the solar investment tax credit (ITC), which is a tax credit that's equal to a percentage of the project cost. You can also save a decent amount of money on your energy bills, which can generate an average of $22,000 of savings over 20 years.
• How much you spend on energy: The typical family in Rockville pays around $1,100 a year on energy use alone, so you could gain that much in savings.

As a result of solar panels now being cheaper than ever as well as several solar incentives, they are a sound investment for most homeowners.

Solar Incentives in Rockville

Because solar power is better for the environment than burning fossil fuels, there are a number of government incentives in place to encourage people to make the switch. You qualify for the federal solar investment tax credit (ITC) for the tax year you turn on your solar panels. You can also potentially stack the ITC with other local incentives. Take a look at our article on solar incentives to see what incentives you can benefit from.

Environmental Impact of Switching to Solar in Rockville

There are a few important reasons why people want to invest in solar energy: for the financial and environmental benefits. But you may be curious — how much exactly can you help the planet by going solar? One thing you should keep in mind is your overall carbon footprint. For example, if you spend a lot of time on the road and have an electric vehicle, you can use solar energy for your home to power your EV and therefore help offset your carbon emissions. Because solar panels don't release CO2 emissions into the atmosphere when producing electricity, they're a good trade for nonrenewable energy sources. In fact, you could reduce your carbon dioxide emissions by about 40 pounds each year. As you can see, investing in solar has so many other rewards apart from saving money. One of the major ones is that you can help save the environment too.