Going solar in Eastern Connecticut has never been more affordable, thanks to multiple incentives and financing options that help homeowners reduce upfront costs and maximize savings. 🌎 Whether you want to purchase a system, finance it, or explore third-party ownership (TPO) options, this guide will break down the best solar incentives available to Connecticut residents in 2025.
Federal & State Solar Incentives 💰
1. Federal Solar Tax Credit (ITC) 🌞
The Federal Investment Tax Credit (ITC) allows homeowners to deduct 30% of the total cost of their solar panel system from their federal taxes.
Example Savings:
System Size | Estimated Cost | 30% Tax Credit Savings |
5 kW | $15,000 | $4,500 |
7 kW | $21,000 | $6,300 |
10 kW | $30,000 | $9,000 |
🔗 Learn more about the ITC
2. Energize Connecticut - Solar Rebates & Loans 🏡
Energize Connecticut helps homeowners access rebates and low-interest financing for solar installations. 🌱
Smart-E Loans: Low-interest, fixed-rate financing options with no money down for homeowners installing solar.
Home Energy Solutions (HES) Program: Offers energy efficiency upgrades, which can be bundled with solar to lower overall costs.
3. Renewable Energy Certificates (RECs) 💡
Connecticut homeowners with solar can earn Renewable Energy Certificates (RECs) for each megawatt-hour (MWh) their system produces. These credits can be sold to utilities to generate additional income. 💸
REC Earnings Estimate:
System Size | Annual Production (kWh) | REC Rate ($0.03/kWh) | Estimated Annual Earnings |
5 kW | 6,000 | $0.03 | $180 |
7 kW | 8,400 | $0.03 | $252 |
10 kW | 12,000 | $0.03 | $360 |
🔗 More on Connecticut RECs
No Upfront Cost Solar Options: TPO & PPAs ⚡
If you don’t want to pay out of pocket or take out a loan, you can still go solar using a Third-Party Ownership (TPO) option, such as Power Purchase Agreements (PPAs) or Solar Leases.
What is a Solar PPA?
With a Power Purchase Agreement (PPA), a solar company installs the system on your home at no cost to you, and you pay a lower fixed rate for the electricity it generates—usually 20-30% less than your current utility rate. 📉
What is a Solar Lease?
A solar lease works similarly, but instead of paying for electricity, you pay a fixed monthly rental fee for the solar equipment.
Benefits of TPO Solar: ✅ No upfront costs or maintenance fees ✅ Lower electricity bills immediately ✅ Fixed or predictable rates over the agreement period ✅ No responsibility for system repairs or maintenance
🔗 Talk to our experts to see if a PPA or Lease is right for you!
Maximize Your Savings with Solar 🌞
With solar incentives, tax credits, and flexible financing options, there has never been a better time for homeowners in Eastern Connecticut to go solar. Whether you choose to purchase, finance, or lease your system, you can start saving money while reducing your carbon footprint. 🌎
📅 Book a Free Consultation Today:
🚀 Start your solar journey now and take control of your energy costs!
Comments