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Homeowner alert: New legislation reduces the cost of solar ownership

EcoSmart is letting homeowners know that with the passage of the Inflation Reduction Act, solar ownership combined with 30% (Income Tax Credit) and utility incentives now offers an ROI of 10 years or less for south facing roofs.

WHY SOLAR MAKES SENSE IN CT

Did you know that Connecticut utility companies charge some of the highest rates in the country? Because of that, a solar system in cloudy Connecticut has a higher financial return than the same size system in a sunny Southwest state where hyrdroelectricity is cheap.
When you buy your system from EcoSmart (outright or with a loan), you’ll enjoy:
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30% credit on your federal taxes

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Utility incentives

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Tax-free purchase

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Increased property value

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No additional property taxes

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Years of free electricity!

Our customers will typically save tens of thousands of dollars over the 25+ years of their system. Contact us today to learn how much you can save!
Sun icon
Fun fact: Hartford averages 2,600 hours of sunshine each year, which is about the same as Houston and more than Rome!

UNMATCHABLE BENEFITS

Maximum Production
EcoSmart uses only high-quality panels and components, which means you receive more electricity every day with the highest reliability.

Lower Electricity Costs
With EcoSmart, you’ll pay a low monthly rate that utility companies can’t match. Your roof’s size and daily sun exposure determines how much you’ll save — and how much credit you’ll earn from your utility company by sending your excess electricity into the grid.

Higher Resale Value
Unlike buying a car, which decreases in value as soon as you drive it off the lot, a solar power system instantly increases the value of your home for years to come. According to the Appraisal Institute, every $1 reduction in your annual electric bill increases your home’s value by about $20 (the actual benefits can vary from home to home).

A More Marketable Home
Our high-quality system will give you an advantage. Buyers will notice your home’s low monthly electricity bill, so it’s no surprise that homes with solar systems are easier to market and usually sell more quickly than others.

Increased Energy Security
Generating your own electricity helps reduce our reliance on foreign oil. Adding battery storage further increases your energy security during grid outages.

Worry-Free Monitoring
We monitor your system’s production, receive alerts if a panel or the overall system isn’t operating at full capacity, and investigate possible causes for free.

Slowing Climate Change
Rooftop solar is one of the top 10 ways to keep global warming below 2 degrees Celsius, helping to protect our planet for your kids, grandkids, and generations to come.

Cleaner Air
Our clients typically eliminate 3-4 tons of carbon dioxide (CO2) emissions each year. They also prevent the creation and emission of potent pollutants and greenhouse gases such as methane, nitrous oxides, sulfur dioxide, and particulate matter. That helps reduce smog and dirty air.

Reduced Environmental Contamination
The entire process of creating, distributing, and installing the components of a solar energy system has e a much lower impact on the environment than the astounding environmental harm of producing a similar amount of energy with fossil fuels, uranium, and hydroelectricity.

Healthier People
Cleaner air means healthier lungs and hearts, which improves lives, increases school and work attendance, and reduces asthma, bronchitis, pneumonia, strokes, and other respiratory and cardiovascular problems.

Check Out Our Work!

Easy To Do

Installing a solar power system is easy. We conduct a free evaluation of your roof to assess its solar power potential and create a proposal that includes your projected return on investment (ROI).

Easy On The Wallet

Rest assured knowing the price you pay will be dramatically reduced by a 30% federal tax credit and utility incentives.

Never Lease Solar

Buying a system outright or with a green loan is always the best financial decision for you. It’s usually about HALF the price of leasing a system. That’s why we always recommend you buy your solar system.

Choose The Right Panels For You

We offer powerful, efficient, and aesthetically pleasing panels at your price point and ensure you save thousands by installing only the number of panels you need.

Easy To Do

Installing a solar power system is easy. We conduct a free evaluation of your roof to assess its solar power potential and create a proposal that includes your projected return on investment (ROI).

Easy On The Wallet

Rest assured knowing the price you pay will be dramatically reduced by a 30% federal tax credit and utility incentives.

Never Lease Solar

Buying a system outright or with a green loan is always the best financial decision for you. It’s usually about HALF the price of leasing a system. That’s why we always recommend you buy your solar system.

Choose The Right Panels For You

We offer powerful, efficient, and aesthetically pleasing panels at your price point and ensure you save thousands by installing only the number of panels you need.

Learn More, Solar Services

Solar 101
SOLAR POWER SYSTEMS IN A NUTSHELL

Every day, photons stream from the sun onto your home. Photovoltaic (PV) cells in solar panels convert those photons into electrons of direct current (DC) electricity. The electricity then flows into a microinverter, which converts it to alternating current (AC) — the kind of electricity we use in our homes. This animated video explains how solar cells work, but you don’t need a degree to understand it!

After we install your solar power system, the utility company will replace your traditional meter with a net meter. This meter will constantly track all of the AC electricity flowing from your solar system and automatically divert to the grid any excess solar energy that your home isn’t using. When you consume more electricity than your system is producing (including at night and on cloudy days), it allows you to draw electricity from the grid. Your utility company will bill you for the difference between the energy you feed into the grid and draw from it.

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Is Solar Right For Me?
Is my home a good candidate for solar?

Our experts will consider several factors to accurately determine your home’s solar power potential, including:

  • Roof area — Usable roof space determines the maximum size of a system you can install. A small but simple roof may have more usable roof space than a larger one that is “interrupted” by dormers or gables.
  • Roof orientation — Solar is ideal for south-, east-, and west- facing roofs and flat roofs. South-facing roofs get maximum sun exposure; flat roofs allow us to erect south-facing panels. East- and west-facing roofs allow you to capture the sun’s power for about half of the day.
  • Roof shading — Shade cast by trees, nearby homes or buildings, or other structures will reduce your system’s performance. Sometimes this issue can be resolved by trimming trees or installing a ground-mounted system in a sunnier portion of your property.

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Solar Dollars and Sense
How should I pay for my solar power system?

We recommend that you either pay for your system outright or finance it with the ultra-low rates of the Connecticut Green Bank’s Smart-E loans.
If you finance your installation, your monthly payments may be similar to what you currently pay, but the great news is that you’ll enjoy free solar electricity for many years after you pay off the loan.

If you buy your system outright, it will typically pay for itself in 8-12 years. That’s equivalent to a return on investment of 10 to 18% — and it’s tax free!

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Buying vs. Leasing
WHY YOU SHOULD BUY SOLAR, NOT LEASE IT

The numbers don’t lie: Buying a system outright or with a green loan is always the best financial decision for you. It’s usually about HALF the price of leasing a system. That’s why we always recommend you buy your solar system.

Our solar consultants will gladly help you compare our price to any leasing offers you receive. You will be surprised by how much they differ!

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Installing Solar
What are the components of a solar power system?

A photovoltaic (PV) solar power system, which converts the energy in sunlight into an electrical current, includes these four primary components:

  • PV solar panels unite several solar cells into a single panel, where they convert the energy in sunlight into direct current (DC) electricity
  • Microinverters convert the direct current produced by panels into alternating current (AC) for household use
  • Mounting racks screw into your roof to support the solar panels and microinverters a few inches above your roof
  • System wiring unites the panels and microinverters into a power system

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Solar And Energy Efficiency News