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Solar Panel Cost in New Britain, Connecticut

Local pricing, savings, and net metering data for New Britain homeowners.

$1,460
Annual Savings
7.6 yrs
Payback Period
$11,130
Net Cost
$38,740
25-Year Savings

Cost & Savings Breakdown

Based on $150/month electric bill in New Britain

System Size
5 kW
Annual Production
6,293 kWh
Gross System Cost
$18,043
Federal Tax Credit (30%)
-$5,413
State Incentive
-$1,500
Net Cost
$11,130
Monthly Savings
$122
CO₂ Offset/yr
5,790 lbs

25-Year Savings Projection

-$10k$2k$15k$27k$39kBreakeven yr 8$39kyr 1yr 5yr 10yr 15yr 20yr 25

Utility & Net Metering

Local UtilityEversource CT
Net Metering PolicyFull Retail
Compensation RateFull retail rate
Capacity LimitNo overall limit
Electricity Rate$0.232/kWh
Peak Sun Hours4.3 hrs/day

Available Incentives

30%
Federal ITC — Deduct 30% of your system cost from federal taxes. Available through 2032.
$1,500
Connecticut State IncentiveConnecticut offers a Residential Solar Investment Program rebate.
View all Connecticut incentives →

Common Questions

How much does solar cost in New Britain?

Solar in New Britain, Connecticut costs approximately $18,043 for a 5 kW system. After the 30% federal tax credit, your net cost is about $11,130.

What is the solar payback period in New Britain?

The estimated payback period for solar in New Britain is 7.6 years, based on a $150/month electric bill and local sun hours of 4.3 hrs/day.

Does Eversource CT offer net metering?

Eversource CT offers Full Retail net metering. Full retail rate.

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