13 Best Solar Companies in Stonington, CT (Jan 2023 Review)

The Cost and Benefits of Solar in Stonington

We know that for most homeowners, the choice to invest in solar comes down to installation costs. The overall price and potential savings vary depending on a few key factors such as:

• Incentives: Something that can reduce the cost of 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 a decent amount of money on your utility bills, which can lead to an average of $23,000 of savings over 20 years.
• Your income and budget: This shapes what type of solar panels you can buy.
• How much energy costs for you: If your local electricity rates are quite high, there's a good chance you'll see a higher return on your investment in a solar system. In Stonington, you can save an average of $90 a month on your electricity bills.
• Typical energy usage: The more electricity your household consumes on average and the steeper your current electricity bills are, the more likely you'll benefit from switching to solar.

Although a solar panel system costs a sizable chunk of money upfront, it can save you thousands of dollars in the long term. The question of how much, though, depends on a number of factors, like the angle of your roof and your current power bills.

Solar Incentives in Stonington

Since solar power is better for the environment than traditional energy sources, there are some government incentives available to encourage people to make the switch. State and city solar incentive programs depend on the location and, sometimes, utility company. A lot of states offer rebates for solar panels, in addition to the federal solar tax credit. Our article on solar incentives has more information on the incentives you can benefit from in Stonington.

Environmental Impact of Switching to Solar in Stonington

If you want to add solar panels to your home, one of the main reasons why may be to reduce your carbon footprint. But how much can switching to solar actually affect the environment? The amount of energy you use is an important factor to think about. The more energy your home uses, the greater your impact when you switch to solar energy. In Stonington, the average person can lower their carbon footprint by 40 pounds a year once they go solar. As you can see, trading traditional energy for solar has so many other rewards beyond saving money. One of the most important ones is that you can help save the Earth too.