Summary of Incentives for Connecticut Solar Energy Systems

The state of Connecticut has a history of supporting the value and growth of renewable energy systems. Beginning with the common policy requirement of a Renewable Portfolio Standard (RPS) over a decade ago, the state has helped stimulate the industry and make solar energy more affordable for a growing number of families. Policies are amended and changed periodically. So we encourage you to check in from time to time as we do our best to stay current with all of the benefits and incentives.

Originally established in 1998 and subsequently revised several times, Connecticut’s RPS requires that electricity providers (Connecticut Electric Suppliers and Electric Distribution Company Wholesale Suppliers) to obtain at least 27% of their retail load using renewable energy by January 1, 2020.

The 27% must be generated from within three classifications of facilities, with 20% coming from Class I sources. The most well-known renewable energy types fit this category, including solar power systems. If you wish to learn in more detail, we recommend visiting the Department of Energy  & Environmental Protection (DEEP) site.

Incentives for Connecticut Homeowners Buying Solar Energy Systems

There are state and federal incentives aimed at making the solar power investment more manageable for a steadily growing number of homeowners across Connecticut. Combine this with decreasing costs and increasing efficiency and reliability, and you get the current result: A quarter of a billion dollar industry with enough capacity to power as many as 40,000 homes.

Four areas of benefit and relief make solar energy system ownership possible for many:

Rebates for Connecticut Solar Installations

Although labeled a “credit”, in practice this program works more like a rebate. A taxpayer may claim a credit of 30% of qualified expenditures for a solar energy system for the tax year in which the system was “placed in service.”  If the federal tax credit exceeds tax liability, the excess amount may be carried forward to the succeeding taxable year. Because the benefit is not received immediately the impact is more one of a rebate.

With a program extension granted at the end of 2015, the ITC allows the taxpayer to reduce their tax burden by a total of 30% by December 31, 2019.

Credits for Connecticut Solar Installations

The EPBB provides the homeowner with an UPFRONT cost reduction for a solar power system purchase based on a tiered-capacity plan.

  • For the first 10 kW (based on previous 12 month utility electricity consumption) the credit = $0.54/Watt
  • For the next 10 kW to a maximum of 20 kW (based on past consumption) the credit = $0.40/Watt

The EPBB is paid to your Contractor on your behalf in two payments.

The credit is also graduated based on predefined “design factors” which are related to how effectively the system is forecast to perform. A well-designed system from Ross Solar Group will meet all standards and will receive maximum incentive.

Contact Us to get more details about the incentive and its calculation.

Net Metering refers to a state established program in which your solar energy system is connected to your local power grid, thus allowing for any surplus power to be transmitted to the network at any time. A bi-directional meter will track both the transmitted surplus as well as the electricity supplied and purchased from the utility. The rules are simple:

Any net excess generation (NEG) during a monthly billing period is carried over to the following month as a kilowatt-hour (kWh) credit for one year. At the end of the year (March 31), the utility pays you for any remaining NEG at the “avoided cost of wholesale power”.

There are additional Virtual Net Metering and a Shared Clean Energy programs, although they are targeted at state, municipal, agricultural, and other “community” utility customers. We will gladly share more information about the standard program for homeowners or the community programs. Simply Contact Us with your questions.

Financing for Solar Purchases

Over the past decade, or more, the solar industry has demonstrated value and reliability for residential scale solar energy systems. This has attracted commercial and private investment interest at record levels. As a result, there is a fast growing market with increasing options for financing solar purchases. Ross Solar Group engages with many of the market leaders, such as Sungage Financial, and we work routinely with state sponsored programs. The goal is to provide every customer with the best options in making every solar energy solution affordable to deliver greater energy independence. To do this we must constantly assess what is available to give the best offering.

Contact Us to get more details about financing, options, and programs. Whether you may need a no money down plan, flexible term plan (5 years, 10 years, etc.), or simply want to find the best rates, we can provide you with a portfolio of choices.

Solarize Programs

Solarize Connecticut (SolarizeCT) is a program designed to encourage the adoption of residential solar systems through education and marketing. Participants benefit from a tiered pricing structure that provides increased savings to homeowners as more people in one community go solar. Unique financing choices are often negotiated when the programs are established. Ross Solar Group is proud to be one of the most heavily awarded companies helping more Connecticut towns go solar.

Residents in neighboring communities are always invited to take advantage of being geographically close. Having Ross Solar Group crews and materials nearby represents a savings to us. And we do our best to pass savings along to our customers.

Ending October 19, 2016!

Solarize Clinton.  Click to see the details about this program.

Ending February 10, 2017.

Solarize East Hampton/Portland.  Click to see the details about this program.

Recently concluded:

Solarize Wilton.  Click to see more detail on this program.

A sampling of past programs:

Solarize Stafford

Solarize Enfield

Solarize Canton

Solarize West Haven

Solarize Ashford-Chaplin-Hampton-Pomfret

Solarize Burlington