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Solar Panel Cost in Waterbury, Connecticut

Local pricing, savings, and net metering data for Waterbury homeowners.

$1,460
Annual Savings
8.2 yrs
Payback Period
$11,904
Net Cost
$37,966
25-Year Savings

Cost & Savings Breakdown

Based on $150/month electric bill in Waterbury

System Size
5.3 kW
Annual Production
6,213 kWh
Gross System Cost
$19,149
Federal Tax Credit (30%)
-$5,745
State Incentive
-$1,500
Net Cost
$11,904
Monthly Savings
$122
CO₂ Offset/yr
5,716 lbs

25-Year Savings Projection

-$10k$2k$14k$26k$38kBreakeven yr 8$38kyr 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$0.235/kWh
Peak Sun Hours4 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 Waterbury?

Solar in Waterbury, Connecticut costs approximately $19,149 for a 5.3 kW system. After the 30% federal tax credit, your net cost is about $11,904.

What is the solar payback period in Waterbury?

The estimated payback period for solar in Waterbury is 8.2 years, based on a $150/month electric bill and local sun hours of 4 hrs/day.

Does Eversource CT offer net metering?

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

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