Connecticut Solar Information

Connecticut isn't a bad state for solar but far from the strongest. There is a state tax credit that reduces your income tax. Along with basically wiping out your state income tax although not required by the state the three major utilities servicing all of Connecticut offer net metering. As always in Connecticut you are entitled to the 30% federal tax credit.

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Connecticut ranks in America for savings from installing solar panels on
5683.45 kWh

AC Energy output every year in Connecticut in 4 kW system
4.90 kWh

Solar Radiation (kWh / m2 / day)
13 ¢ /kWh

The cost of electricity today in Connecticut Light & Power Co (The)
27 ¢ /kWh

If you don't get solar. The forecast average utility price over the next 25 years

Connecticut Solar Facts

$1.32
Average cost of a 4kw solar power system in 2019.
4 years
Average system payback period.
$57 436
Average lifetime savings.
5 ¢ /kWh
Levelized cost of solar energy.
5 kW
Recommended system size.

Choose relevant panels Calculate your system

How much do solar panels cost in Connecticut
$1.32 per watt

Cash purchased solar system

Before 30% solar tax credit
$5 965 total

Estimated system cost

Before 30% solar tax credit
4 years

Average system payback period

Connecticut enjoys one of the fastest-growing solar markets among the smaller US states. One reason is because the Nutmeg State actually receives more sunshine than most of the solar farms in Germany, with an average of close to 4.5 hours of direct sunlight for every 10 square feet (approx. 1 square meter).

It may be a small state, but Connecticut is big on renewables and makes it easy for residents and businesses to go solar. The state has consistently ranked in the top 10 nationally for energy efficiency programs & policies since the early 2000s.

Over 10,000 homes in Connecticut added solar panels since 2012, with nearly 5,000 installations completed in 2014 alone. And, with the state’s recent launch of C-PACE, municipalities and commercial property owners are increasingly installing solar systems, as well.

The Solar Energy Industries Association (SEIA) reports that over 147 solar companies employ nearly 2000 people in Connecticut. The total installed capacity of solar energy in Connecticut is 265 MW, ranking it 17th in the US. The state’s 2015 installation of solar capacity ranks 14th nationally, growing 64% in 2015, with 91 MW installed for the year.

Investments in solar installations for 2015 represented a whopping 124% increase over 2014, pulling in $270 million, and 2016 is expected to see even greater growth.

Tell us how much you are spending on electricity and we’ll calcalute how much you can save if you get solar

kWH

$ per kWH

According to Connecticut Light & Power Co (The), we received the cost of kWH in your area and calculated energy consumption based on an average electricity bill for 3 months.

I am claiming the 30% Federal Tax Credit (ends 2019) i

When you install your solar system, 30% of your project expenses apply toward a credit to offset any taxes you owe that year. This federal tax credit is a major incentive to go solar, but it is being phased out by 2022.

Most people are eligible to claim this credit (you must owe federal taxes to be eligible).

System size

4.52 kW medium system size

Provides up to 80% of electricity consumption

$1.32 per watt

Average system cost

14 x 325 watt

solar panels
+
14 x 300 watt

microinverter
+
1 x 5 000 watt

inverter

$97.30 / month

Estimated savings on your average quarterly bill

$5 965.03

Estimated system cost
Excludes 30% Federal Tax Credit.
This price does not include the installation cost.
4 years

Average system payback period
$57 435.98

Estimated utility savings

Example of 4 kW system calculation in Minnesota for electricity bill $100

13 ¢ /kWh

The cost of electricity today in Connecticut Light & Power Co (The)
27 ¢ /kWh

If you don't get solar. The forecast average utility price over the next 25 years
5 ¢ /kWh

levelized cost of solar energy