
Highest Electricity Rates = Fastest Payback
$1,800/yr
Avg. Annual Savings
4.7 peak hrs/day
Peak Sun Hours
5–8 years
Payback Period
$15,000–$24,000
Avg. System Cost
Overview
Connecticut has some of the highest electricity rates in the United States — which means solar panels pay off faster here than almost anywhere else in the country. Despite having fewer sunny days than southern states, the high cost of grid electricity makes the financial case for solar extremely compelling.
Connecticut also has one of the most robust state incentive programs in the nation, including the ZREC program and the Residential Solar Investment Program.
Benefits
Connecticut homeowners save an average of $1,800/yr after going solar.
Deduct 30% of your total system cost from your federal income taxes.
Solar panels increase your home's resale value — and are excluded from property tax in most states.
Lock in your electricity rate and protect against rising utility costs for 25+ years.
Available Incentives
Connecticut Green Bank offers upfront incentives for residential solar installations through this program, significantly reducing your out-of-pocket cost.
Zero Emission Renewable Energy Credits allow you to earn additional income by selling your solar energy credits to utilities that need to meet renewable energy standards.
Eversource and UI offer net metering at the full retail rate, maximizing the value of every kilowatt-hour your panels produce.
The federal 30% ITC applies to all Connecticut homeowners who purchase their solar system.
Common Questions
Get matched with top-rated local installers — free quotes, no obligation.