15 Best Solar Companies in Shelton, CT (Oct 2022 Review)

The Cost and Benefits of Solar in Shelton

The cost of installing a solar panel system has gone down significantly over the past few years, but it's still a substantial investment for most homeowners. The installation cost is just one important factor you should take into account when looking into installing solar panels. How much it'll cost and how much you can save depend on things such as:

• How much power your household needs: If your home needs to use a lot of energy, you'll see more savings from installing solar panels.
• How much you spend on energy: The average household in Shelton pays around $1,200 a year on power alone, so you could be looking at that much in savings.
• 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's equal to a percentage of the project cost. You can also save on your power bills, which can result in an average of $26,000 of savings over 20 years.
• System size and type: Some models are more pricy than others, so the one you decide on can raise or lower your upfront cost. Plus, the more solar panels you need to buy, the more it'll cost.

There are several great benefits of solar in spite of the initial cost of installation. It can help the planet and your finances. Additionally, it can raise the value of your home, giving you even more benefits if you choose to sell your home later.

Solar Incentives in Shelton

If you're considering making the switch to solar power, several government incentives and state programs can greatly reduce the cost of the project and expedite the return on your investment. State and city solar incentive programs vary by location and, sometimes, utility company. A lot of states offer rebates for solar power systems, in addition to the federal solar tax credit. Take a look at the table below to find out what incentives are available to you.

Environmental Impact of Switching to Solar in Shelton

Lots of people want to do their part to help the planet, which for many is the main motivation to install solar panels. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Shelton, though. The average person has a sizable carbon footprint. Between their car, which produces over 10,000 pounds of carbon dioxide emissions every year, and energy for their home, it can be overwhelming to figure out what to do. Switching to solar is a practical thing you can do to help. In fact, if you adopt solar power, you could reduce your carbon dioxide emissions by about 40 pounds each year. For homeowners who are worried about the environment, the upfront cost of solar is a small price to pay for offsetting your carbon emissions.