This is an exciting time for Connecticut homeowners. Electricity costs has been a serious concern all over the country for quite some time now, but Connecticut residents are actually paying quite a bit more than most of the rest of the U.S. These days, a solution to these rising fuel costs is finally available – solar power. Running your home with the free energy from the sun is affordable and effective these days, and there is no doubt that solar power is going to become increasingly common over the course of the next few years.
Here at Verengo Solar, we are proud to offer solar products that customers can rely on. By providing CT homeowners with affordable, premium solar energy systems, we are proud to be helping to make the CT community a greener and more affordable place to live. If you would like to learn more about the long-term potential of Connecticut solar power at home, just give us a call. Our solar specialists are always more than happy to provide all of the information that you need to make an informed decision for yourself.
State Tax – 100% Exemption
Connecticut enacted legislation in June 2007 (H.B. 7432) that established a sales and use tax exemption for solar energy equipment The sales and use exemption covers both the equipment related to eligible systems, and labor (services) relating to the installation of eligible systems. The exemption has no expiration date.
Consumers purchasing the eligible equipment or services must present form CERT-140 to the seller at the time of purchase. Certification Form CERT-140 is available on the Connecticut Department of Revenue Services website.
State Rebate Program with Purchase of a Residential Solar System
In March 2012, the Clean Energy Finance and Investment Authority (CEFIA) unveiled its new solar photovoltaics residential investment program. This residential program is limited to owner-occupied homes. Only customers of Connecticut Light & Power and United Illuminating are eligible. Maximum incentive is $11,500.
There are two incentive types available, depending on the ownership of the PV system. For consumers who purchase a solar PV system for their residence directly, the first 5 kilowatts (kW) receives a maximum $1.75/W and the next 5 kW receives $0.55/W rebate, which may be adjusted based on expected performance. Systems greater than 10 kW are allowed, but the incentive is only paid on the first 10 kW.