Why go solar in Connecticut
Connecticut may be the third smallest state, but it is rapidly growing in solar. Over 117,500 homeowners* have already installed a solar system in the Nutmeg State. Installing a solar system may help you save, especially if you take advantage of ongoing incentives. You will also be investing in your home, and thanks to the property tax exemption, you will not be responsible for paying property taxes on the added home value.
Solar incentives in Connecticut
Connecticut’s Residential Solar Investment Program offers a rebate worth $0.463 per watt of solar installed (up to 10kW). You can also qualify for a sales tax exemption and pay zero sales tax for your solar equipment, accessories, and installation, along with benefiting from a property tax exemption that applies to the additional value solar adds to your home. Some Connecticut utilities offer net metering, which credits you for the extra electricity your system produces. You can use those credits in exchange for power during times when your system doesn’t generate enough energy to meet your needs.
Arizona homeowners are also eligible for the Solar Investment Tax Credit (ITC). The ITC allows you to deduct 26 percent of the cost of installing a solar energy system from your federal taxes.