15 Best Solar Companies in Tolland, CT (Feb 2023 Review)

The Cost and Benefits of Solar in Tolland

The cost of installing solar panels has dropped immensely in the past several years, but it's still a large investment for most homeowners. The installation cost is just one important factor you should keep in mind when looking into installing solar panels. How much it'll cost and how much you can save depend on things including:

• How much you spend on energy: The typical family in Tolland shells out around $1,100 a year on energy alone, so you could be looking at that much in savings.
• Incentives: Tax-paying citizens who purchase and install a solar energy system this year can save 30% of their total solar spend by using the federal solar investment tax credit. You can also save about $22,000 on your utility bills over 20 years not including incentives.
• The type and model of solar panels you want to get: Higher-efficiency panels are more expensive, so that will influence your budget for your solar project.
• How much energy you use: If your family regularly uses a lot of energy, you'll see more savings from going solar.

Solar is a fruitful investment for most homeowners. You can produce your own electricity instead of paying for it from the grid and take advantage of solar incentives, all while helping preserve the Earth.

Solar Incentives in Tolland

There are many good reasons why you should switch to solar. One of them involves some government incentives that can save you money. Regardless of 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 how much you paid for your solar installation when you file taxes, reducing the amount of taxes you owe that year. Plus, there may be some local incentives you can benefit from too. You can learn about the incentives available to you in our article on solar incentives

Environmental Impact of Switching to Solar in Tolland

An important reason so many are thinking of installing solar panels is to help reduce their environmental impact. Something many might be thinking about is how much can they really help protect the environment by going solar anyway? In a city like Tolland where commute times can be pretty long, using solar power can help offset some of your carbon dioxide emissions from driving. After you go solar, your carbon footprint can be lowered by about 40 pounds a year. Since energy from the sun is abundant and makes electricity without a carbon footprint, installing solar panels is one easy step you can take to help the planet.