Take advantage of the new Connecticut tax credit for solar panels.
Find out exactly how much solar will save Newington, CT homeowners
Newington’s motto is “growth and progress” – and there’s no better way to do this than by switching to renewable energy. Solar power is the way of the future thanks to its long-term financial and environmental benefits. Read on to see how solar can help you save money and reduce your carbon footprint!
Going Solar in Newington allows homeowners to save a significant amount on their energy bills while earning money back through federal tax incentives.
The estimated savings for the average homeowner in Newington per year are $1,576. Newington has higher than average electricity costs, making solar energy even more worthwhile than other areas.
When solar panels generate excess energy, it is set back through your neighborhood’s grid. Because of this, the federal government rewards solar owners with Solar Tax Credits. Owners can earn Solar Tax Credits up to 26% for shared energy through the grid until the end of 2020.
Just one solar panel system has measurable impacts on the environment. According to the U.S. Energy Information Administration, The average Connecticut home that switches from fossil fuels to solar reduces the same amount of carbon emissions as planting about 150 trees per year.
Solar panels can improve Newington’s air quality and reduce pollution drastically. A 5,000-watt solar energy system can avoid emitting 9,606 pounds of carbon dioxide per year!
Local and Federal Incentives
Solar energy is a great investment that gives homeowners many long-term benefits. Newington residents will see that their solar energy system pays for itself in as little as 7 years.
Hartford County has its own solar incentives on top of state and federal ones. Read on for the breakdown of how all rebates, tax credits and incentives come together:
|Solar Savings Types||Value of Savings|
|Residential Solar Investment Program||Up to $0.46 per watt (depending on the system)|
|Solar Tax Exemptions||Solar system sales tax exemption|
|Property Tax Exemptions||Property tax exemption on added home value from solar|
|Federal Solar Tax Credit||26% of the final cost of the solar system|
Still unsure? Enter your Zip Code to see which tax incentives and rebates you can qualify for.
Solar Financing Options
If you’re still concerned about the cost of solar, ask one of Momentum’s solar experts about our flexible payment options. We offer customized payment plans that can include $0 upfront cost – saving you up to 30% off your electricity bill immediately.
Momentum Solar is among the top solar companies in Connecticut and nationwide. We are committed to helping homeowners reduce their carbon footprints while taking control over their rising electricity costs.
When you switch to solar, you’ll achieve long-term price predictability so that you know exactly what you’re paying for. Schedule your free estimate today!
This customer’s bill is estimated to be $150 lower than the previous bill.
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Discover a new way to save energy.