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

The Cost and Benefits of Solar in Simsbury Center

The cost of installing solar panels has decreased immensely in the past few years, but it's still a large investment for most homeowners. A few key factors that affect how much it will cost to install a solar panel system on your home and how much money you could save over time include:

• Typical energy usage: The more energy your household consumes on average and the steeper your current energy bills are, the more likely you'll benefit from making the switch to solar.
• Choice of solar panels: The kind of solar panels you need will affect your total cost. High-efficiency monocrystalline panels are more expensive upfront but can also lead to more savings over the lifetime of your system. If space isn't a constraint for your project, you can opt for a higher number of more affordable panels.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which gives you a tax credit currently worth 30% of your total installation cost, your local government may offer additional tax exemptions, credits or rebates that will help you save even more. Not including incentives, you can save an average of $22,000 over 20 years with your solar panels, too.
• Your energy bills: This will influence how much money you might save. In Simsbury Center, the average resident can save about $1,100 a year on their electricity bills.

Although a solar panel system costs a good chunk of money upfront, it can save you thousands of dollars over time. The question of how much, though, depends on several factors, such as the size of your solar panel system and your current power bills.

Solar Incentives in Simsbury Center

If you're thinking about making the switch to solar energy, a variety of government incentives and tax credits can drastically reduce the installation costs and expedite the return on your investment. On top of the federal solar investment tax credit, there are also some local benefits, which in almost all cases, stack with the federal incentive, so you get to save even more. In our article on solar incentives, you can find out about the incentives you qualify for in Simsbury Center.

Environmental Impact of Switching to Solar in Simsbury Center

One of the best reasons to tap into solar power is to cut your dependence on nonrenewable energy sources like burning fossil fuels, which are destructive for the environment. But how much can installing solar panels actually help the environment? A key thing to consider is your overall carbon footprint. For example, if your commute is very long, your footprint may be bigger, so switching to solar power for your house can help offset that. In Simsbury Center, the average resident can reduce their carbon footprint by 40 pounds a year once they go solar. As you can see, going solar has so many other benefits outside of saving money. One of the most important ones is that you can help save the Earth too.