Connecticut Solar Rebates and Incentives for 2013
Connecticut’s solar rebates and incentives are set up to aid homeowners with the purchase or financing of a solar PV system. Renewable energy loans and up-front, per-Watt rebates make home solar an affordable reality. And in Connecticut, your solar system is free from both property and sales taxes.
Connecticut Government Solar Energy Rebates and Incentives
Residential solar PV systems in Connecticut are exempt from all property taxes. Exemption requires the property owner to file a claim with their local assessor.
Residential solar PV systems in Connecticut are exempt from sales tax.
The Connecticut Housing Investment Fund provides loans of up to $25,000 for solar PV systems to families meeting certain income requirements. Interest on the loans is 1-6% depending on income, and the life of the loan can be up to 10 years.
The Clean Energy Finance and Investment Authority (CEFIA), formerly the Connecticut Clean Energy Fund, is offering rebates to new solar system owners and lessees who are also customers of United Illuminating and Connecticut Light & Power.
- For system owners, the rebate is $1.75 per installed Watt up to 5 kW and $0.55 per Watt for the next 5 kW, for a maximum of $11,500.
- For system lessees, the rebate is $0.30 per kWh generated by the system for the first six years.
Connecticut Utility Solar Energy Rebates and Incentives
Connecticut’s two investor-owned electric utilities, United Illuminating and Connecticut Light & Power, will buy zero-emisison Renewable Energy Credits (ZRECS) from customers with solar PV systems installed after July 1, 2011 who did not receive funding or grants from the Clean Energy Finance Investor Authority or the Connecticut Energy Fund.
- The rate for Connecticut Light & Power ZRECs is $164.22
- The rate for United Illuminating ZRECs is $148.89