13 Best Solar Companies in Stonington, CT (Sep 2022 Review)

The Cost and Benefits of Solar in Stonington

For many people considering switching to solar, the decision of which solar company to choose depends on costs. A few key factors that affect the cost of installing solar panels on your home and how much money you could save over time include:

• Incentives: One thing that can make your solar project cost less is the solar investment tax credit (ITC), which is a tax credit that lets you deduct from your taxes a percentage of the project cost. You can also save a decent amount of money on your energy bills, which can give you an average of $23,000 of savings over 20 years.
• Your energy consumption: If your family uses a lot of energy, you'll reap more rewards from switching to solar.
• Average daily sunlight: Since Stonington gets a decent amount of average daily sunlight, your solar panels can generally produce enough energy to power your whole home, which affects how much your solar panels can save you on your electricity bills.
• Your income and budget: This affects what model of solar panels you can buy.

As a result of solar panels now being cheaper than ever as well as local and federal solar incentives, they are a cost-effective investment for many homeowners.

Solar Incentives in Stonington

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 solar more affordable and accessible. Local solar incentive programs depend on the location and, sometimes, utility company. A lot of states offer rebates for solar power, in addition to the federal solar tax credit. For detailed information about incentives for homeowners in Stonington, check out the table below.

Environmental Impact of Switching to Solar in Stonington

One of the reasons so many homeowners consider installing solar panels is to help reduce their environmental impact. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Stonington, though. One thing you should consider 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. If you go solar, your carbon footprint can be cut by about 40 pounds a 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.