Solar panels on a residential home in Connecticut
Solar by StateConnecticut
Highest Electricity Rates in US

Solar Panels in Connecticut

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

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Overview

Is Solar Worth It in Connecticut?

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

Why Go Solar in Connecticut

Reduce Your Electric Bill

Connecticut homeowners save an average of $1,800/yr after going solar.

Federal 30% Tax Credit

Deduct 30% of your total system cost from your federal income taxes.

Increase Home Value

Solar panels increase your home's resale value — and are excluded from property tax in most states.

Energy Independence

Lock in your electricity rate and protect against rising utility costs for 25+ years.

Available Incentives

Connecticut Solar Incentives & Tax Credits

Residential Solar Investment Program

State Program

Connecticut Green Bank offers upfront incentives for residential solar installations through this program, significantly reducing your out-of-pocket cost.

Up to $0.463/watt incentive

ZREC Program

State Program

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.

Ongoing income from credits

Net Metering

Net Metering

Eversource and UI offer net metering at the full retail rate, maximizing the value of every kilowatt-hour your panels produce.

Full retail rate credits

Federal Investment Tax Credit (ITC)

Tax Credit

The federal 30% ITC applies to all Connecticut homeowners who purchase their solar system.

30% of system cost

Common Questions

Connecticut Solar FAQ

Connecticut's electricity rates are among the highest in the nation at $0.25+/kWh. Every kWh your panels produce is worth more here than in a cheaper-electricity state, making payback periods very short.

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