CT Solar Incentives and Tax Credits
There's no better time than now to go solar!
Zero upfront costs for your solar setup? You got it! Get solar panels and enjoy various CT solar incentives.
The Power of the Sun for as Little as $0 Down
Connecticut has secured a place among the top 10 leading states for its favorable CT solar incentives and policies. However, the state's worn-out and fragile power grid is struggling to meet the growing electricity demand. To address this, Governor Ned Lamont has signed an executive order aiming for a complete transition to carbon-free power by 2040.
The United States Federal Government offers the Federal Solar Tax Credit to all states.
The Federal Solar Tax Credit is one of the best available incentive options for Connecticut solar panels owners. When homeowners buy and install new solar panels with or without battery storage, you will qualify for the 30% federal solar tax credit. Now is the time to reduce or eliminate your electric bill, as well as increase your home value by switching to clean energy with Infinity Energy solar installers.
Renewable Energy Credits RECs
In the state of Connecticut, RECs are paid out through your local utility provider. For example, Eversource Utility offers a REC program worth $.0318 per kWh generated to help lower the cost of solar lease or purchasing a solar system.
Net Metering
A net metering program allows you to receive full credit for the electricity your panels supply to the grid. This means you only have to pay for the net difference amount of electricity you use vs. the electricity generated. This potentially results in zero or negative electricity bill, based on your respective energy generation and consumption. It is undeniable that solar power Connecticut allows you to have more control over your energy bill, increases energy efficiency and saves you more money!
Property and Sales Tax Exemption
Thanks to some helpful tax breaks for Connecticut residents, you will not have to pay any sales tax on your new solar panels. Furthermore, the Property Tax Exemption for solar panel systems keeps you from having to pay extra taxes based on the increased value of your home.Our solar company will guide you through the rest of the CT solar incentives implementation process.
Monthly Lease
$0
$119
Only pay for the poweryou produce.
Finance to Own
$0
$249
Own Your System With No Upfront Costsand Flexible Loan Options.
Purchase
Cash
499
No Monthly PaymentsIts Your System. You Own It.
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