As electricity prices increase along with efforts to reduce fossil fuel use and environmental impact, solar energy is gaining popularity among homeowners. Solar power is a clean, renewable energy source that provides benefits for the user as well as communities and the earth. For this reason, the state of Connecticut provides incentives for solar installations. Here’s what you need to know. 

What You Should Know About Solar Installation Incentives 

Is Solar Energy Popular?

Solar energy is gaining popularity throughout Connecticut, the U.S., and the world. The state has consistently ranked in the top 10 for energy-efficiency programs in the nation since 2000 and provides incentives for residents and businesses to adopt energy-efficient means, including solar power. Over 33,000 solar energy systems have been installed to date.

What Incentives Are There?

Connecticut offers a few incentives for homeowners who make energy-efficient upgrades. The Expected Performance Based-Buydown (EPBB) incentive, for instance, provides a reduced cost on a purchase based on your solar system’s design, including the panel type, shading, and solar insolation. The state also provides a property tax exemption for geothermal energy systems. Furthermore, there is no sales or use tax on solar systems and equipment or labor. The Mass Energy Renewable Energy Certificate Incentive program purchases Renewable Energy Certificates from homeowners and others for three cents per kWh for three years. There are also federal tax benefits for energy-efficient upgrades. 

What Are Some Other Benefits?

Besides tax and purchase incentives, solar energy can save you money by significantly reducing your annual energy bills. It can also boost your home’s resale value as energy-efficient home features are highly sought-after by homebuyers. Solar electricity is also eco-friendly and can reduce your carbon footprint. Unlike other forms of energy, it’s a renewable resource as well, meaning no matter how much you use, more is readily available. Unlike coal, natural gas, and other sources that release CO2 and greenhouse gases into the atmosphere, solar power is clean. Solar energy systems are low-maintenance, as well. In most cases, all you’ll need to do is get a minor tuneup and wash the solar cells every year.

If you’re a Connecticut homeowner interested in solar installation services, turn to Zelek Electric. For over 33 years, these solar contractors have provided solar installations for residential and commercial customers throughout Old Lyme, CT, and New London County. Call (860) 434-9726 to schedule a consultation with one of their electricians, or visit the website to learn more about all they have to offer.