15 Best Solar Companies in Shelton, CT (Mar 2023 Review)

The Cost and Benefits of Solar in Shelton

The cost of putting up a solar panel system has dropped greatly in the past several years, but it's still a substantial investment for most homeowners. There are a few factors you should take into consideration when trying to figure out costs and your potential savings, such as:

• How much energy costs for you: The average family in Shelton shells out around $1,200 a year on energy 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.
• Energy consumption: Installing solar panels may be too steep of an option for homes that don't need a lot of energy a month.
• The type of solar panel system you have the money for: This hinges on how much you're willing to invest upfront.

There are several wonderful benefits of solar despite the upfront cost of installation. It can help the Earth and your finances. Plus, 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

Although solar power is typically a $15,000 to $25,000 investment, it can save you a significant amount of money over many years due to smaller power bills and government incentives. When you install solar panels on your house, you can take advatage of 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 regional incentives that you can take advantage of to further save. For comprehensive information about incentives that apply to you, see our our article on solar incentives.

Environmental Impact of Switching to Solar in Shelton

There are tons of reasons to trade traditional energy for solar energy, like saving money on electricity bills and helping to lower your carbon footprint. But how much can switching to solar actually help the environment? The more power your family uses, the the more the environment will benefit when you switch to solar as you won't need to use as much nonrenewable energy. Once you go solar, your carbon dioxide emissions can be reduced by about 40 pounds a year. Since solar energy is renewable and generates electricity without a carbon footprint, making the switch to solar power is one easy step you can take to help protect the environment.