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Connecticut & New York Only

Solar Policy News & Updates

AI-curated summaries of solar incentive changes, utility rate updates, and net metering policy — strictly for CT and NY homeowners. No installer promotions. No conflicts of interest.

Solar 101

Everything you need to know before going solar in CT or NY — from how panels work to the exact incentives available to you.

How Solar Panels Work

Solar PV cells convert sunlight directly into DC electricity. An inverter converts that to AC power for your home. Excess energy flows back to the grid via net metering.

  • Sunlight excites electrons in silicon PV cells
  • DC current flows from panels to inverter
  • Inverter outputs AC power for your home
  • Surplus energy exported to grid for credit

Net Metering Explained

Net metering credits you at retail rate for every kWh you send to the grid. Credits roll over monthly and are settled annually with your utility.

  • CT: Full retail-rate net metering statewide
  • NY: Available for residential systems up to 25 kW
  • Credits roll over from month to month
  • Annual true-up reconciles any remaining balance

Connecticut Incentives

  • CT Green Bank Smart-E Loan Program
  • CT Green Bank Smart-E low-interest loans
  • Retail-rate net metering credits via PURA
  • Property tax exemption on solar installations
  • Sales tax exemption on solar equipment

New York & NYC Incentives

  • NY State 25% Solar Tax Credit (up to $5,000)
  • NY-Sun NYSERDA rebate program
  • NY State income tax credit: 25%, up to $5,000
  • NYC Property Tax Abatement: 30% over 4 years
  • NY sales tax exemption on solar equipment

Typical Payback Period

With federal and state incentives, most CT and NY homeowners recover their investment in 6–9 years — then enjoy free energy for 15+ more years.

  • Average household saves $150–$250/month
  • 25-year panel performance warranties standard
  • Home resale value increases ~4% on average
  • Protection from future utility rate hikes

Questions to Ask Any Installer

  • Do you use your own crew or subcontractors?
  • What warranties cover panels, inverter & labor?
  • Are there any fees not shown in this quote?
  • Who handles the utility interconnection filing?
  • What monitoring access will I have post-install?

Have Questions About Going Solar?

Our advisors explain everything — incentives, payback, and what to expect — in a free 30-minute call.

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