Cost of Solar Panels In Connecticut
Updated October 17, 2023
Connecticut is one of the fastest growing solar states in the US! With abundant sunshine and many financial incentives, more than 200,000+ homes and businesses have made the switch to solar energy in CT.
But how much does it cost to install solar panels in CT? See the complete breakdown of the cost of solar panels in Connecticut below, or request a customized solar quote for your home, in minutes!
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How Much Do Solar Panels Cost In CT?
The most recent solar industry data shows that the average costs of solar panels in Connecticut is between $11,000 - $16,000, depending on the size of your home and energy needs. The average home size in Connecticut is around 2,100 sq ft., making the average solar system in CT around $15,758 before utilizing Connecticut solar incentives.
Here’s a more complete breakdown of the cost of solar panels in Connecticut, by home size.
Home Size (sq ft) |
System Size |
Average Costs |
|---|---|---|
| 1,500 - 1,750 | 3 kW | $9,405 |
| 1,750 - 2,000 | 4 kW | $11,901 |
| 2,000 - 2,300 | 5 kW | $15,758 |
| 2,300 - 2,500 | 6 kW | $18,112 |
| 2,500 - 2,800 | 7 kW | $21,810 |
| 2,800 - 3,000 | 8 kW | $23,206 |
** It's important to note that these costs DO NOT include the thousands you can save by utilizing your Connecticut Solar Incentives. See which solar financial incentives you qualify for by entering your zip code below!
Find out if you qualify for solar savings programs!
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Factors That Influence The Costs of Solar
Going solar in Connecticut is a worthwhile investment for most home and business owners due to the amount of money you can save on monthly energy bills and the positive environmental impact. But how much it costs to install solar panels in CT depends on a few key factors; These factors include how much energy your home needs, what kind of solar panels you choose, and if you want any extras like solar battery or additional solar panels.
While the upfront cost might differ from one situation to another, homeowners stand to gain a lot from going solar in CT. Most solar owners save 40% - 60% on electric bills and your CT solar panels can pay for themselves in less than 10 years!
Installation & Labor Costs
The cost of installing solar panels in CT is not just about the panels themselves. You'll also need to plan for things like installation, getting permits, and having inspections done to make sure everything is set up correctly. Even though these are just part of the upfront costs of solar, they usually make up about 10% to 20% of the total cost, so they play a big role in the overall price of switching to solar power.
Fortunately, there are several ways to reduce your upfront costs of going solar in Connecticut. Read our complete guide to getting solar panels installed for free in CT!
Equipment Costs
Let's break down the equipment costs of going solar in CT. Most of it, around 60-70%, goes to the costs of your actual solar panel system. This includes the solar panels, inverters, and mounting hardware. These pieces are the heart and soul of your solar system, working together to give you a steady flow of clean, renewable energy for your home or business for years to come.
Solar Taxes
If you're buying solar panels in Connecticut, you'll need to think about two kinds of taxes: sales tax when you buy them and property taxes for the increased value of your home.
But the good news is Connecticut has special rules that let you skip these taxes for investing in renewable solar energy. Learn more about solar tax exemptions in CT by entering your zip code below!
Find out if you qualify for solar savings programs!
Do I Qualify?
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How to Reduce The Costs of Solar Panels in Connecticut
Good news, Connecticut has many financial incentives for homeowners who wish to convert to solar energy! With goals to increase clean energy, the state is offering money-saving opportunities for Connecticut residents.
Want to see which solar incentives you qualify for? Request a solar incentive report from the solar experts at EcoGen America. They'll help you figure out which solar discounts you are eligible for, how to apply, and how much a custom solar panel system could cost for your home!
ROI on Solar | Solar Payback Period
Ever wonder how long it takes for solar panels to pay for themselves in Connecticut? Probably quicker than you may think! With the state's high electric costs and great solar incentives, most people get their money back in just 7-9 years. After that, all of your solar savings are pure profit. This is one of the top reasons solar panels are worth it in Connecticut and why so many homeowners are making the investment in solar energy.
Solar Financing Options
Worried about the upfront costs of going solar? Don't be! Solar financing options like power agreements (PPAs)and solar financing options are making it easy to go solar without emptying your wallet. With a PPA or solar loan, you can start enjoying the benefits of solar for no money down!
Want to know more about getting solar with no upfront cost? Check out our complete guide on "How to Get Free Solar Panels in Connecticut."
Connecticut Solar Incentives
Connecticut has some of the top solar incentives in the US. In CT, you can write 30% off of your taxes with the federal solar tax credit and skip paying extra taxes on the added value to your home or on buying the equipment. Plus, programs like the Connecticut Green Bank pay you back based on how much energy your system makes. All these offers add up to make going solar in Connecticut a really smart choice.
See the complete list of Connecticut Solar Incentives here!
Switching to solar in Connecticut is now more affordable than ever. With these CT solar incentives and financing options, you can join the renewable energy movement and harness the power of the sun, for less!
Find out if you qualify for solar savings programs!
Do I Qualify?
Please enter a zip code
Are Solar Panels Worth it in CT?
Yes, Solar power is worth it for most homeowners in Connecticut, offering significant savings on electricity bills and contributing to a greener environment. With the state's strong support for solar, including incentives and tax breaks, many people get back what they spent on their solar panels in just 7-9 years. And after that? Your solar panels keep working for you, creating nearly free electricity for another 20-30 years or more. Imagine all those years of lower electric bills and clean, green energy!
Read Also: The Pros & Cons of Solar Panels in Connecticut.
Starting your path to solar savings can be an easy and enjoyable process, with the right partners. In just minutes, you can request a free quote for your solar panels. Which include a full virtual analysis of your home, which solar incentives you're eligible for, and a solar savings estimate. Start today to explore all of your solar options, with no obligation to buy. Join the thousands of homeowners who are experiencing the benefits of solar energy, today!
How We Gather Our Cost Data
We take a data-driven approach to the collection and analysis of solar costs to provide our readers with the most accurate information. Our methodology incorporates data from a variety of trustworthy sources including:
- Primary Sources: Every year we survey over 100 Connecticut homeowners with solar panels to analyze pricing data based on direct consumer experience.
- Trusted Resources: We leverage verified datasets and industry reports from authoritative sources including:
- U.S. Department of Energy (DOE)
- National Renewable Energy Laboratory (NREL)
- U.S. Energy Information Administration (EIA)
- Solar Energy Industries Association (SEIA)
- Expert Insights: We regularly consult with dozens of experienced solar professionals across the nation who are familiar with the latest trends, equipment and solar energy pricing in local markets.
