15 Best Solar Companies in Tolland, CT (Sep 2022 Review)

The Cost and Benefits of Solar in Tolland

For lots of homeowners, whether or not to invest in solar panels boils down to the cost. The overall price and potential savings vary depending on a few key factors such as:

• average energy usage: The more electricity your home consumes on average and the steeper your current electricity bills are, the more benefits you'll see from switching to solar.
• Your current power bills: Solar panels can noticeably reduce, or completely eliminate, your utility bills. In Tolland, you can save an average of $90 a month.
• Choice of solar panels: The kind of solar panels you get will affect your total cost. High-efficiency monocrystalline panels will cost more upfront but can also save you more money over the lifetime of your system. If space isn't a constraint for your project, you can go with a higher number of more affordable panels.
• Incentives: Something that can save you money on 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 money on your energy bills, which can generate an average of $22,000 of savings over 20 years.

Due to the cost of solar panels being lower than before as well as various solar incentives, they are a solid investment for many homeowners.

Solar Incentives in Tolland

Switching to solar power has many great benefits. Not only can it help preserve the Earth, but you can also save a decent amount of money on your installation with various government incentives. You can qualify for the federal solar investment tax credit (ITC) for the tax year you turn on your a solar system. You can also possibly pair the ITC with other local incentives. The table below lists out the incentives you can take advantage of in Tolland.

Environmental Impact of Switching to Solar in Tolland

One of the most compelling reasons to use solar energy is to cut your reliance on nonrenewable energy sources like burning fossil fuels, which are destructive for the environment. You may be asking yourself — how much do solar panels help the environment anyway? Something that can drastically affect your carbon footprint is your commute time and how much you drive overall. If you install solar panels and drive an electric car, you can vastly decrease your carbon dioxide emissions by charging your car at home. Since solar panels don't release greenhouse gas emissions into the atmosphere when creating electricity, they're a good substitute for traditional energy sources. In fact, you could look forward to lowering your carbon dioxide emissions by about 40 pounds each year. If you care about the environment, you'll likely find that there are many good things about adopting solar power other than just saving money on bills. You can also help protect the environment, which some would argue is worth more.