ElectrifyCalc

2026 · No Federal Tax Credit · NREL + EIA Data

Solar Panels in Connecticut: Cost, Payback & ROI (2026)

Is solar still worth it in Connecticut after the 30% federal tax credit expired? These pre-computed estimates use NREL PVWatts production data and current 29.5¢/kWh Connecticut electricity rates for a typical home using 900 kWh/month.

Section 25D (30% federal solar tax credit) expired December 31, 2025

All numbers below reflect 2026 math with no federal residential credit. State incentives, where applicable, are noted in the section below.

Connecticut Solar at a Glance

Based on a 900 kWh/month home ($266/mo electric bill at 29.5¢/kWh), 100% offset, no state rebate applied.

System Size

8.6 kW

For 900 kWh/month home

Estimated Cost

$25,488

At $2.95/W (LBNL 2024 avg)

Payback Period

7.5 years

Without state rebate

First-Year Savings

$3,186

Estimated annual savings

25-Year Savings

$101,886

Cumulative before rebate

Net 25-Year Benefit

$76,398

Savings minus system cost

Electricity Rate

29.5¢/kWh

very high vs. 16.0¢ U.S. avg · EIA 2025

Solar Resource

1,250 kWh/kW/yr

limited · 3.8 peak sun hrs/day · NREL PVWatts

Is Solar Worth It in Connecticut in 2026?

Connecticut has some of the highest electricity rates in the lower 48 states at 29.5¢/kWh, driven largely by New England's constrained natural gas transmission infrastructure. Solar payback periods are typically strong despite lower-than-average sun. Energize CT — the state's energy efficiency and clean energy initiative — offers financing and rebates that can materially reduce upfront cost.

For a typical Connecticut home consuming 900 kWh per month, our calculation shows a 8.6 kW system needed for 100% offset. At the current national average installed cost of $2.95/W (LBNL Tracking the Sun 2024), that's $25,488 gross before any state rebates. Year-one savings of $3,186 grow each year as electricity rates escalate — the model assumes 2.5%/year (EIA AEO 2024).

The 7.5 years payback period is solid — at or below the national average of 8–12 years. Over 25 years — the standard warranty period for most premium panels — a Connecticut homeowner following this profile would save an estimated $101,886 total, for a net benefit of $76,398 after recovering the system cost.

Year-by-Year Savings Snapshot: First 10 Years

Based on 8.6 kW system, 0.5%/yr degradation, 2.5%/yr rate escalation, no state rebate.

YearProduction (kWh)Annual SavingsCumulative
Year 110,800$3,186$3,186
Year 210,746$3,249$6,435
Year 310,692$3,314$9,749
Year 410,639$3,380$13,129
Year 510,586$3,447$16,576
Year 610,533$3,515$20,091
Year 710,480$3,585$23,677
Year 8✓ Paid off10,428$3,657$27,333
Year 910,375$3,729$31,063
Year 1010,324$3,803$34,866

System cost to recover: $25,488. Table shows savings without state rebate applied. Use the interactive calculator to enter your actual bill and any rebate.

Solar Incentives in Connecticut (2026)

The Connecticut Green Bank offers low-interest and zero-interest financing programs for solar, and Eversource and UI customers have access to the Residential Solar Investment Program.

  • CT Green Bank zero-interest Smart-E loans
  • Residential Solar Investment Program (RSIP) incentives via utilities
  • Property tax exemption on solar added value
  • Sales tax exemption on residential solar systems

Incentive programs change frequently. Verify current offerings at dsireusa.org or directly with your utility before making any purchasing decision.

How We Calculate Connecticut Solar ROI

These estimates use the same methodology as our interactive solar ROI calculator, applied to Connecticut-specific data:

System cost

$2.95/W installed

LBNL Tracking the Sun 2024

Solar production

1,250 kWh/kW/yr

NREL PVWatts v8

Electricity rate

29.5¢/kWh

EIA Residential Rates 2025

Rate escalation

2.5%/year

EIA Annual Energy Outlook 2024

Panel degradation

0.5%/year

NREL (Jordan & Kurtz, median)

System lifetime

25 years

Standard warranty period

No Section 25D (federal residential solar credit) is included — it expired December 31, 2025. State incentives are not reflected in these pre-computed figures; use the interactive calculator to enter specific rebate amounts.

Calculate With Your Actual Numbers

The figures above use statewide averages. Enter your actual monthly bill, any Connecticut rebate amounts, and your offset target in our interactive calculator for a personalized estimate.

Frequently Asked Questions — Solar in Connecticut

Estimates are based on NREL PVWatts v8 production data, EIA 2025 electricity rates, and LBNL 2024 installed cost benchmarks. Actual savings vary by roof pitch, shading, utility rate structure, and local permit costs. This is not financial advice. Consult a licensed solar installer before making any purchasing decision.