14 Best Solar Companies in Woodbury, CT (Sep 2022 Review)

The Cost and Benefits of Solar in Woodbury

For the majority of homeowners, whether or not to invest in solar panels comes down to the cost. Some significant things that impact the cost and possible savings include:

• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you receive a tax credit curretnly worth 30% of your overall installation cost, your local government may offer additional tax exemptions, credits or rebates that can help you save even more. Not including incentives, you can save an average of $22,000 over 20 years with your solar system, too.
• Your income and budget: This affects what model of solar panels you can afford.
• Energy consumption: Solar may be a high-cost investment for homes that don't use a good amount of energy per month.
• How much you spend on energy: The average family in Woodbury spends around $1,100 a year on energy use alone, so you could gain that much in savings.

Because of solar panels now being cheaper than ever as well as local and federal solar incentives, they are a solid investment for most homeowners.

Solar Incentives in Woodbury

There are many reasons why you should switch to solar. One of them includes some government incentives that can help save you some money. You qualify for the federal solar investment tax credit (ITC) for the tax year you turn on your solar panels. You can also potentially stack the ITC with other local incentives. For comprehensive information about incentives that apply to you, see the table below.

Environmental Impact of Switching to Solar in Woodbury

If you're planning on adding solar panels to your home, one of the primary reasons why may be to reduce your reliance on nonrenewable energy. Something many people might be asking themselves is how much can they really help protect the environment by switching to solar power anyway? The average person has a rather large carbon footprint. Between their car, which releases over 10,000 pounds of carbon dioxide emissions a year, and energy for their home, it can be overwhelming to think about what to do. Switching to solar is a simple thing you can do to help. In fact, if you make the switch to solar power, you could lower your carbon dioxide emissions by about 40 pounds each year. As you can see, using solar power has so many other benefits beyond saving money. One of the primary ones is that you can help save the environment too.