12 Best Solar Companies in Stratford, CT (Mar 2023 Review)

The Cost and Benefits of Solar in Stratford

While solar panels can help save you a good amount of money on electricity bills over time, it's important to consider the upfront costs. The installation cost is just one important factor you should bear in mind when looking into installing solar panels. How much it'll cost and how much you can save depend on things including:

• The type of solar panels you want to get: Higher-efficiency panels cost more, so that will determine your budget for your solar project.
• The amount of sunlight your home gets: Because of Stratford's high amount of average daily sunlight, you should be able to save a decent amount on your power bills.
• Incentives: One thing that can reduce the cost of your solar project 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 on your energy bills, which can result in an average of $29,000 of savings over 20 years.
• Typical energy usage: The more electricity your household consumes on average and the greater your current electricity bills are, the more likely you'll benefit from going solar.

Though a solar panel system costs a decent chunk of money upfront, it can save you much more in the long term. The question of how much, though, depends on several factors, including the angle of your roof and your local electricity rates.

Solar Incentives in Stratford

Although solar power is typically a big investment, it can save you a considerable amount of money over time due to reduced energy bills and government incentives. No matter what state you live in, you can take advantage of the federal Solar Investment Tax Credit (ITC), which will allow you to claim 30% of your project costs when you file taxes, lowering the amount of taxes you owe that year. Additionally, there may be some local incentives that can save you some extra money too. In our article on solar incentives, you can find out about the incentives you qualify for in your area.

Environmental Impact of Switching to Solar in Stratford

There are many reasons to trade traditional energy for solar power, like saving money on electricity bills and helping to lower your carbon footprint. But how much can using solar energy instead of traditional energy actually help the environment? If your home uses lots of energy, you can help the environment even more by switching to solar energy. In fact, if you make the switch to solar power, you could lower your carbon dioxide emissions by about 40 pounds each year. For those who are concerned about the environment, the upfront cost of solar is a small price to pay for the offset carbon emissions.