17 Best Solar Companies in Terryville, CT (Feb 2023 Review)

The Cost and Benefits of Solar in Terryville

The cost of putting up a solar panel system has decreased significantly in the past several years, but it's still a substantial investment for most homeowners. There are a few factors you should take into consideration when trying to determine costs and your potential savings, such as:

• Your income and budget: This shapes what kind of solar panels you can purchase.
• Incentives: The federal solar investment tax credit, which can save you some money, lets you deduct 30% of the cost of installing your solar panel system from your federal taxes. Plus, not including incentives, you can save about $22,000 over 20 years on your energy bills.
• Your power bills: This will affect your savings. In Terryville, the average homeowner can save about $1,100 a year on their electricity bills.
• How much sunlight your roof gets: If your roof gets limited direct sunlight, your solar panel system won't be able to make as much energy, which will leave you with lower savings on energy bills than someone with a roof that gets lots of sunlight.

Thanks to solar panels now being cheaper than ever as well as various solar incentives, they are a worthwhile investment for most homeowners.

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 our article on solar incentives

Environmental Impact of Switching to Solar in Terryville

A lot of people want to do what they can to help save the environment, which often is the chief reason they're interested in installing a solar system. Something many might be wondering about is how much can they really help preserve the environment by switching to solar power anyway? The more power your household uses, the the more the environment will benefit if you switch to solar as you won't need to use as much nonrenewable energy. Even though making solar panels emits carbon dioxide, the panels make up for it by significantly reducing the amount of CO2 you would have been responsible for if you still used nonrenewable energy. In Terryville, you can reduce your carbon footprint by 40 pounds a year with solar panels. Since solar energy is renewable and generates electricity without free from carbon dioxide emissions, adding solar panels to your home is one easy step you can take to help preserve the planet.