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#7 Solar ROI State

Solar Panel ROI in Connecticut (CT)

Connecticut averages 1,200 kWh per installed kW per year. At $27.2¢/kWh average utility rates, a 7 kW system produces a 25-year NPV of $24,321.

$14,455
System Cost (After Credits)
$24,321
25-Year NPV
7 years
Payback Period
$0.177/kWh
Solar LCOE

Solar Cost Breakdown in Connecticut

7 kW system (2.95/W)$20,650
Federal ITC (30%)-$6,195
Net Cost$14,455

Solar Production in Connecticut

Connecticut receives an average of 1,200 kWh of solar energy per installed kW per year, based on NREL PVWatts data for a south-facing system at 20° tilt. A 7 kW system produces approximately 8,400 kWh in year one, declining by 0.5% annually due to panel degradation.

At Connecticut's average residential rate of $27.2¢/kWh with 4% annual escalation, first-year savings are $2,285. The solar LCOE of $0.177/kWh is 35% below the current utility rate and stays fixed while utility rates continue to climb.

Net Metering in Connecticut

1:1 net metering with annual settlement. LREC program available.

Solar by Utility in Connecticut

Eversource Connecticut

Avg Rate: $28.5¢/kWh
Structure: TOU
Peak: $38.0¢/kWh / Off-Peak: $18.0¢/kWh
View analysis ›

United Illuminating (UI)

Avg Rate: $26.8¢/kWh
Structure: TOU
Peak: $35.0¢/kWh / Off-Peak: $17.0¢/kWh
View analysis ›

Solar FAQ for Connecticut

How much does solar cost in Connecticut?
A typical 7 kW residential solar system in Connecticut costs $20,650 before incentives. After the 30% federal ITC, the net cost drops to $14,455.
What is the solar payback period in Connecticut?
Based on the average CT utility rate of $27.2¢/kWh and local solar irradiance of 1,200 kWh/kW/year, a 7 kW system typically pays for itself in 7 years. The 25-year NPV is $24,321.
Does Connecticut have net metering?
1:1 net metering with annual settlement. LREC program available.
What is the LCOE of solar in Connecticut?
The levelized cost of solar energy in Connecticut is approximately $0.177/kWh, compared to the current average utility rate of $27.2¢/kWh. Solar electricity costs 35% less than grid electricity at today's rates, and the gap widens as utility rates rise.
How much electricity does a solar panel produce in Connecticut?
Connecticut receives approximately 1,200 kWh of solar energy per installed kW per year. A 7 kW system produces about 8,400 kWh in its first year, enough to offset 80% of the average U.S. household's electricity consumption.

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Solar ROI in Similar States

California

NPV: $41,579 · Payback: 5yr
Rate: $28.2¢/kWh · #1 ranked

Hawaii

NPV: $68,203 · Payback: 3yr
Rate: $39.8¢/kWh · #2 ranked

New York

NPV: $20,948 · Payback: 6yr
Rate: $22.2¢/kWh · #3 ranked

Massachusetts

NPV: $27,033 · Payback: 6yr
Rate: $28.2¢/kWh · #4 ranked

Arizona

NPV: $14,954 · Payback: 8yr
Rate: $13.2¢/kWh · #5 ranked

Nevada

NPV: $12,806 · Payback: 8yr
Rate: $13.2¢/kWh · #6 ranked

Get Your Connecticut Solar Analysis

These are averages. Your ROI depends on your specific utility, consumption, roof, and system size. Run a personalized 25-year NPV analysis — free.

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