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Solar Incentives For Connecticut Residents
Solar Investment Tax Credit (ITC)
All homeowners who install a solar power system will get an investment tax credit of up to 30% off the total cost of the solar project.
Renewable Energy Systems Property Tax Exemption
Although adding a home solar system increases a property’s value, homeowners are exempted from paying property tax on the appreciated price.
As per this billing policy, the excess power produced by your solar power system is used to offset your future bills. The value of net metering is dependent on who your utility provider is.
Solar customers within Eversource territory in Connecticut in addition to their traditional Net Metering program each time a solar electric system generates 1,000 kWhrs of electricity, a REC will be issued worth $31.80 for a 20-year period.
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