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Connecticut Solar Energy Rebates & Incentives for Homeowners

Connecticut Solar Energy Rebates & Incentives for State & Federal

Connecticut homeowners are currently able to take advantage of a variety of federal and state incentives to increase the savings associated with installing solar power.

Federal Investment Tax Credit (ITC)

The federal government provides a Tax Credit for 30% of the system cost for homeowners. This tax credit can be used starting immediately and rolled over until 2016.

Residential Solar PV Rebate Program

Connecticut has a state solar program that offers significant savings to homeowners.

Sales and Use Tax Exemption for Solar and Geothermal Systems

Solar power systems are 100% sales and use tax exempt in Connecticut

Earn money in Connecticut with your Solar System

For every 1,000 kWh that your solar system generates, you earn 1 Solar Renewable Energy Certificate (SREC), regardless of whether the power is used by your home or sent back to the utility grid. An average home with a solar system produces 10 RECs per year. These RECS are traded on an open market and can generate thousands of dollars of additional income.

Reduce your electric bill in Connecticut to $0 per month

Connecticut solar energy increases your home value

The value of your home will increase once you install a solar power system by $20,000 for every $1,000 in energy reduction costs per year. Moreover, thanks to favorable federal laws, this home value increase will not increase your property taxes. For example, if your current electric bill is $5,000 per year and your system provides 100% of your energy needs, the value of your home after the solar installation will be $100,000 more than before installation.

Improve the environment with Connecticut solar power