Information

Opponents decried the net metering policy as an inefficient way to generate green energy since the utility company is essentially buying it at the same price as it’s selling it. They also alleged that the taxpayers ultimately pay for the net metering equipment because of government incentives on them.

Installing a residential PV system for your home offers financial and environmental benefits. However, financially savvy homeowners constantly look for ways to best utilize their funds. They keep their eyes peeled open for opportunities in real estate, financial markets, business propositions, and so on. For them, locking in a solar system’s worth of money for several years (until it’s recovered fully in 7 years or so) may sound like a great idea, or even better, $0 down solar loans can be a game changer, as they let homeowners eat their cake and have it too.

The entire state of Connecticut had a net metering policy for residential solar buyers until the end of 2021. However, starting in 2022, the net metering incentive has been replaced with a new program called Renewable Energy Solutions (RES) program, which builds upon the net metering arrangement and improves it in ways that make solar power affordable to more households. Now, Durham residents can take advantage of this new program to enjoy greater convenience and savings.

If you didn’t already know it, you ought to obtain multiple permits from relevant authorities before you can even begin installing a solar solution on your property.

Comparing solar quotes from different solar installers is not exactly rocket science. Anyone can do it. However, there’s a method to it. It’s important to follow this method because every solar company tries its hardest to present a quote that appears the best. But honestly, very few are!

Durham is one of the fastest-growing solar markets in the state of Connecticut. We have noticed a palpable growing interest in home solar solutions among Durham homeowners. In particular, they are curious about solar plus battery storage solutions and the freedom it offers them. Naturally, they have so many questions that need answers, and that’s why we’ve compiled a shortlist of the most common questions we keep getting asked and promptly answered them. 

Savings on utility power bills is one of the prime reasons behind residential solar purchases in Durham. It inspires homeowners to invest in clean energy, despite the size of the investment and a 6-8-year break-even period. The potential savings accumulating into tens of thousands of dollars is as good a reason as any to invest in green energy.

Solar companies in Durham routinely promote only one type of solar loan – an unsecured solar loan. That’s because solar contractors usually partner with solar financing agencies to offer solar loans to ease the purchase journey of solar buyers, and unsecured loans get processed fast and easily. 

The federal government and several state governments have set up multiple financial incentives, including tax credits, to motivate homeowners to buy residential solar. Residents of Durham, CT can also avail many of these incentives to reduce their upfront investment burden and get higher returns from their investment. Let’s take a quick look at some of the tax credits and related incentives available to Durham residents.