17 Best Solar Companies in Terryville, CT (Oct 2022 Review)

The Cost and Benefits of Solar in Terryville

For the majority of homeowners, whether or not to invest in solar panels depends the most on the cost. Some significant things that affect the upfront cost and potential savings over time include:

• The kind of solar panels you're thinking of getting: Higher-efficiency panels are more highly priced, so that will shape your budget for your solar project.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which gives you a tax credit currently worth 30% of your overall installation cost, your state or local government may offer additional tax exemptions, credits or rebates that can help you save even more. Aside from incentives, you can save an average of $22,000 over 20 years with your solar system, too.
• The amount of sunlight your rooftop gets: Thanks to Terryville's high amount of average daily sunlight, you should be able to save a decent amount on your electric bills.
• Your current power bills: Solar panels can dramatically reduce, or completely eradicate, your utility bills. In Terryville, you can save an average of $90 a month.

Though a solar panel system costs a good chunk of money upfront, it can save you much more over the lifespan of your panels. The question of how much, though, depends on a number of factors, like the amount of daily direct sunlight available and incentives.

Solar Incentives in Terryville

Since solar power is more sustainable than fossil fuels, there are some government incentives in place to encourage people to make the switch. You qualify for the federal solar investment tax credit (ITC) for the tax year you turn on your solar panels. You can also possibly pair the ITC with other local incentives. You can learn about the incentives available to you in the table below.

Environmental Impact of Switching to Solar in Terryville

There are a few key reasons why many people are considering solar energy: for the financial and environmental benefits. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Terryville, though. One thing you should keep in mind is your overall carbon footprint. For example, if you have a long commute time and have an electric vehicle, you can use solar energy for your home to power your EV and therefore help offset your carbon emissions. Even though solar panel production emits carbon dioxide, the panels make up for it by considerably lowering the amount of CO2 you would have produced if you still used traditional energy. In Terryville, you can reduce your carbon footprint by 40 pounds a year with solar panels. If you want to do what you can for the environment, you'll most likely find that there are many advantages to adopting solar energy other than just saving money on bills. You can also help protect the environment, which some would argue is priceless.