Solar Panel Savings in Connecticut

Connecticut gets 4 peak sun hours per day with electricity at 26.5¢/kWh. See how much you can save with solar panels.

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Avg Sun Hours/Day
4
Electricity Rate
26.5¢/kWh
Solar Cost
$3/W
State Incentive
0%

Solar Panel Cost & Savings by System Size in Connecticut

System SizeGross CostAfter CreditsPayback25-Year SavingsAnnual kWh
6 kW$18,000$12,6008.2 yrs$35,1838,760
8 kW$24,000$16,8008.2 yrs$46,91011,680
10 kW$30,000$21,0009.1 yrs$53,37714,600
12 kW$36,000$25,20010.7 yrs$49,17717,520

Includes 30% federal ITC + 0% Connecticut state credit. Assumes 3% annual electricity rate increase and 0.5% panel degradation.

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Connecticut Solar Incentives

Federal ITC (2026)30% of system cost
Connecticut State Credit0%
Combined savings (8kW)$7,200
Net system cost (8kW)$16,800

Connecticut Energy Profile

Avg Electricity Rate26.5¢/kWh
Avg Gas Price$3.55/gal
Avg Annual Electric Bill$2,040
Peak Sun Hours/Day4 hrs

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Is Solar Worth It in Connecticut?

Connecticut averages 4 peak sun hours per day, which means an 8 kW solar system would produce approximately 11,680 kWh per year. At the state's average electricity rate of 26.5¢/kWh, that translates to significant annual savings on your electric bill.

With the federal 30% Investment Tax Credit and Connecticut's 0% state incentive, an 8 kW system costing $24,000 drops to just $16,800 after credits — with a payback period of approximately 8.2 years.

Over 25 years, homeowners in Connecticut can expect to save $46,910 with an 8 kW system, factoring in panel degradation and rising electricity costs. The combination of solid sun exposure and federal incentives makes solar a solid investment in Connecticut.