Connecticut Solar Programs & Incentives
Connecticut Homeowners Pay The Sixth Highest Electric Rates in the United States and Some Of The Highest Rates in New England
That’s the bad news, but the good news is Connecticut stands out with some of the nation’s top solar incentives. Here’s some more good news: the majority of our CT customers find themselves saving 30-50% on what they previously were spending on electricity before going solar.
Learn more about the programs and incentives available for Connecticut homeowners on this page or click below to schedule your home’s solar assessment.
Connecticut Solar Incentives and Rebates
1. Federal Solar Investment Tax Credit:
As of 2022, a federal tax incentive covers 30% of the overall expenses for solar installations, making solar panel systems more economically feasible than in previous years for CT homeowners. Although homeowners traditionally use this tax benefit when they buy a solar system, it also can be applied to reduce the monthly lease rate, making solar panel leasing more attractive and affordable.
2. CT Property Tax Exemption for Solar Installation:
Connecticut homeowners are exempt from paying any additional property taxes on the added home value from their RI solar panel system.
3. Renewable Energy Sales Tax Exemption:
Connecticut Homeowners are exempt from paying the standard 7% state sales tax on their solar panel system.
4. New Roof At $0 Cost:
Some new customers may require a roof upgrade before installing solar panels. Connecticut residents may qualify for a new roof at no cost by going solar. Check out our Solar + Roof page for details.
5. Connecticut New Energy Metering:
When your solar panels generate more energy than your home consumes, CT homeowners who go solar receive a credit on their electricity bill. New Energy Metering can eliminate the need for additional battery storage because this credit will apply when your home requires more energy than the solar panels may be producing. However, a homeowner can include a solar battery as part of the installation for extra peace of mind as a backup or for blackouts.
6. Distributed Generation Program – Complete Purchase and Sale:
In Connecticut, residential solar users can opt for an alternative to the Net Energy Metering system. This option allows the homeowner to sell the entirety of their solar-generated energy back to the utility firm at a predetermined rate for two decades. While the expectation is that this selling rate will be greater than the prevailing utility price, it’s worth noting that participants won’t be utilizing solar energy directly. As a result, this program doesn’t allow for a solar battery for reserve storage as part of solar panel system installation.