14 Best Solar Companies in Simsbury, CT (Sep 2022 Review)

The Cost and Benefits of Solar in Simsbury

We understand that for many homeowners, the choice to invest in solar highly depends on installation costs. The cost of solar and the savings it generates vary depending on some key factors such as:

• Your current power bills: Solar panels can substantially reduce, or totally get rid of, your utility bills. In Simsbury, you can save an average of $90 a month.
• Incentives: The federal solar investment tax credit, which everyone qualifies for, lets you deduct 30% of the cost of installing your solar panel system from your taxes. Additionally, not including incentives, you can save about $22,000 over 20 years on your energy bills.
• How much power your household consumes: Homes that need lots of electricity each month may need more solar panels and, therefore, more upfront cost, but will also save more on their energy bills over time.
• The type of solar panels you can buy: This is dependent on how much you're willing to invest upfront.

So is a solar system worth it? Whether you want to decrease your energy bills, carbon emissions or both, solar panels are a worthwhile investment for many Simsbury homeowners.

Solar Incentives in Simsbury

In order to increase the number of homes and businesses that use solar power, incentives are offered by the government — and even some utility companies — to help make switching to solar power more financially viable and accessible. You can qualify for the federal solar investment tax credit (ITC) for the tax year you turn on your solar panels. You can also possibly stack the ITC with other state and city incentives. For comprehensive information about incentives for homeowners in Simsbury, see the table below.

Environmental Impact of Switching to Solar in Simsbury

One of the best reasons to switch to solar energy is to cut your reliance on traditional energy sources like burning fossil fuels, which are harmful for the environment. A question many might be thinking about is how much can they really help save the environment by switching to solar power anyway? A significant thing to consider is your overall carbon footprint. For example, if your commute is very long, your footprint may be bigger, so adopting solar energy for your house can help offset that. After you go solar, your carbon dioxide emissions can be reduced by about 40 pounds every year. If you care about the environment, you'll most likely get that there are many benefits of adopting solar power other than just saving money on bills. You can also help preserve the environment, which some would argue is priceless.