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How Much Do CT Solar Panels Cost? Feb05

How Much Do CT Solar Panels Cost?...

A majority of the residents of the Constitution State are making the switch towards solar energy More and more people “go solar” because they want to place importance on caring for the environment. On top of the environmental benefits, a solar system installation can give you substantial savings. Before embracing solar, you will need to make some considerations. If you are purchasing the system outright, then you will need to put money down or you may consider applying for a $0 down loan or lease if you don’t want to pay outright. You may also consider what products you may be interested in when it comes to solar panels and solar inverters. Nevertheless, a greener lifestyle is easy to achieve Just be sure to do a little research. To jumpstart your solar journey, let’s start with the costs of solar panels in Connecticut. Cost of a Solar Panel Installation On average, the cost of solar panel installation in Connecticut is $30,000. The price depends on system size and equipment. . If we are looking at a cost per watt ($/W) basis, you can anticipate the expenses to be at least $3.00/watt. The return on investment of the installation costs can be returned through electricity savings, the federal tax credit, and the CT’s state solar rebate, the RSIP. You can fully recover through these savings in an average of 7 years. There are a plethora of solar payment options available for Connecticut residents. Apart from paying cash upfront, other acceptable methods can be in solar loans and solar leases or PPAs. You need to become eligible for these financing programs first to start enjoying their financial coverage which is as easy as a “soft” credit check. Solar financing programs offer $0 down payment options, which...