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Connecticut Solar Rebates

Connecticut Solar Rebates (1)

Connecticut has approved many financial incentives for homeowners who invest in solar energy, as part of the movement towards a more sustainable source of energy for the state. This includes solar rebates from solar companies and local utility companies in CT!

Read on to see the complete list of solar rebates available in Connecticut, or enter your zip code to see which solar rebates your home qualifies for, in minutes!

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What are Solar Rebates?

Connecticut has been proactive in promoting the adoption of solar energy through financial incentives and solar rebates.

Solar rebates are financial incentives from governments or utility companies for investing in solar energy. When you install solar panels, these companies will write you checks, giving a portion of your spendings back to you. It's their way of saying "thanks" for going green.

Some of the benefits of solar rebates are:

  • Solar Savings: Solar rebates give your wallet a break by reducing your costs of going solar in CT.
  • Quicker Payback: With less spent upfront, you'll investment in solar will pay for its self, quicker. The average solar owners return their investment in less than 10 years!
  • Eco-Friendly Bonus: Every rebate nudges us closer to a greener planet, cutting down our carbon footprints one panel at a time. These rebates help preserve Connecticut's beautiful landscape.

See Also: The Complete List of Connecticut Solar Incentives

Solar Investment Tax Credit

The Solar Investment Tax Credit (ITC) is a U.S. federal incentive designed to support the adoption of solar energy. It allows homeowners and businesses to deduct a portion of the cost of installing a solar energy system from their federal taxes. Originally set at 30%, the credit has been subject to step-downs over time.

This solar incentive is available to all solar owners and offers a rebate of up to 30% of the cost of your solar investment!

Renewable Energy Credits

Zero-Emission Renewable Energy Credits (ZRECs) and Low-Emission Renewable Energy Credits (LRECs) are financial incentives in Connecticut to promote clean energy generation. ZRECs are awarded to solar and other zero-emission renewable energy producers, while LRECs are for sources that have minimal emissions, such a solar panel systems.

These credits can be sold to utilities, providing an income stream for renewable energy system owners and helping utilities meet state renewable energy mandates. In essence, they reward clean energy producers and support the broader transition to sustainable power sources in Connecticut.

See Also: How to Get Solar Panels Installed for Free in CT

Enter your zip code to see which CT Solar Incentives you qualify for!

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Connecticut Green Bank Solar Program

The Connecticut Green Bank's Residential Solar Investment Program (RSIP) is designed to make solar more affordable for homeowners. If you choose to purchase a solar system, you'll get a discount of $0.426 for every installed watt, up to a maximum system size of 10 kW.

If leasing is more your style, you'll be compensated at a rate of $0.30 for every kilowatt-hour your system produces, with a maximum system size of 20 kW. Essentially, this program provides significant savings, whether you're buying or leasing, to encourage more Connecticut residents to go solar.

Residential Solar Investment Program

The Residential Solar Investment Program in Connecticut is an incentive designed to encourage homeowners to invest in solar energy. This program offers rebates or performance-based incentives for residential solar installations, reducing the upfront costs and making solar more accessible.

Depending on the type and size of the system, homeowners can receive different incentive levels, and the program may also provide extra incentives for households with lower incomes. By fostering an affordable pathway to solar adoption, the Residential Solar Investment Program aims to support Connecticut's clean energy goals and create long-term sustainable energy solutions for residents.

See Also: Is Solar Worth it in Connecticut?

Enter your zip code below to see which solar incentives your homes qualifies for!

Do I Qualify?

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How to Save More on Your Solar Investment

When considering a transition to solar energy, there are several strategies to maximize your savings.

Firstly, it's essential to utilize both federal and state tax incentives, such as the Solar Investment Tax Credit (ITC), which permits a deduction of a portion of your installation costs from your federal taxes.

Financing options, including solar loans, leases, and power purchase agreements (PPAs), are available to reduce or even eliminate upfront costs. Also, don't overlook the potential benefits of net metering, which, where available, allows you to earn credits for any excess energy your system sends back to the grid.

By adopting these strategies, you can optimize your investment and enjoy the long-term benefits of solar energy! Explore all of your solar options today with a customized solar quote for free, from the best solar company in Connecticut!

Make the switch to solar and start saving!

Contact our team of local energy advisors and see how much you can save with solar in CT!

  • You may be eligible for FREE Installation 
  • All quotes are 100% free with no obligation.

Yes, in Connecticut solar owners are eligible for The Green Energy Tax credit which offers a 30% tax credit on the cost of your solar investment. See the complete list of Connecticut solar incentives here. 

Want to see how much you could save with solar in CT!

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