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Solar Financing in CT Offers Great Solar Incentives to CT Residents

Getting a great CT solar installation does not need to cost an arm and a leg. With the help of Green Power Energy, you can finance a solar installation with a $0 down loan and low interest rates. By using the great programs and incentives offered by Connecticut, you can reduce the initial costs with the Residential Solar Investment Program and cover the remaining cost with a low interest loan. This removes the financial barrier of enjoying the benefits of solar power while still saving money on your electric bill month after month.

Green Power Energy Removes the Financial Obstacles of Solar

Instead of trying to find each and every option for financing your solar installation, leave it to the experts at Green Power Energy. Connecticut offers a wide range of rebates and loan options for anyone looking to add solar to their home. Sifting through all of the information to find out which programs you qualify for and which provides the highest value can quickly become burdensome. This is why Green Power Energy employed a team of expert representatives who can guide you through this entire process.

Whether you intend to purchase a solar system outright, lease a system, or join a solar PPA, Green Power Energy has you covered. Our experienced representatives sit down with you to discuss exactly what you would like to get out of your solar installation. Then, once we have a strong understanding of your needs, we guide you through every one of your options. This allows you to make an informed decision with an experts recommendation.

Solar Incentives Available to Connecticut Residents

Connecticut offers a wide range of incentives for anyone looking to install solar for their household. This helps families get away from the expensive utility bills while also giving you access to clean, renewable energy. These incentives range from tax incentives, rebates, and low interest, $0 down loan programs. Of course you also benefit from all federal programs incentivising solar such as the Federal Tax Incentive which provides you with a tax credit equal to 26% of your solar installation. 

The programs exclusive to Connecticut include:

  • Connecticut Residential Solar Investment Program
  • Energy Conservation Loan
  • Smart-E Loan

With the Residential Solar Investment Program, you receive a rebate for a portion of your solar installation based on how much power you will generate. For systems of up to ten kilowatts per year, you receive $0.463 per watt. This means for a ten kilowatt system, Connecticut pays your eligible contractor $4,630.

To finance your solar installation, you can use either the Energy Conservation Loan or the Smart-E Loan. Both of these loans provide $0 down with extremely low interest rates. While the Energy Conservation Loan requires stricter qualifications, it provides interest rates of between 0% to 3%. You can borrow up to $25,000 with this type of loan. The Smart-E Loan has slightly higher interest rates, but allows you to borrow up to $40,000 and has looser qualifications.

Please visit Green Power Energy for more information.