The cost of solar panels in East Haddam, CT (2024)

Updated Jul 16, 2024

  • You'll pay an average of $14,947 to install a 5 kilowatt solar panel system in East Haddam, CT, before incentives.

  • The federal investment tax credit (ITC) lowers that price by 30% of all your solar equipment and installation costs.

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Written by: Emily Walker

As of July 2024, the average solar panel system costs $2.99/W including installation in East Haddam, CT. For a 5 kW installation, this comes out to about $14,947 before incentives, though prices range from $12,705 to $17,189. After the federal tax credit, the average price drops by 30%.

Average price of a 5 kW solar panel installation in East Haddam, CT

Good Price
$12,705 or less
Market Average
$14,947
High Price
$17,189 or more

You'll probably pay even less than what we show here. It doesn't include the federal ITC or East Haddam, CT state incentives, which will lower this price by at least a few thousand dollars.

Your solar panel cost depends on your system's size

It may seem obvious but larger solar panel systems cost more money. We use cost per watt ($/W) so you can easily compare quotes, controlling for slight variations in system size.

While a 5 kW system will only cost you $14,947 in East Haddam, CT, doubling the system size effectively doubles the price, so you'll pay about twice that for a 10 kW system. The higher the price tag, though, the more you'll get back as a credit towards your federal tax bill.

Average solar cost by system size in East Haddam, CT

System Size
System Cost
System Cost (after ITC)
3 kW$8,968$6,278
4 kW$11,958$8,370
5 kW$14,947$10,463
6 kW$17,936$12,556
7 kW$20,926$14,648
8 kW$23,915$16,741
9 kW$26,905$18,833
10 kW$29,894$20,926

Are solar panels worth it in East Haddam, CT?

Solar panels are worth it in most areas, including East Haddam, CT. Certain factors, including the cost of electricity, incentives, climate, and the angle at which the sun hits your roof impact how quickly you break even on your investment relative to other areas around the U.S. 

If you pay for your system with cash, you'll save about $55,578 over 20 years on electricity costs with a 5 kW system in East Haddam, CT. We generate this estimate based on real solar quote data from our Marketplace. It considers your system's cost, the federal tax credit, and inflation rates.

If you don't have access to net metering, these estimates don't account for utility net billing rates.

Payback Period
6.68 Years
20-Year Savings
$55,578
Cost-per-Watt
$2.99

If you can't shell out $14,947 in cash to pay for solar, don't sweat it. You can choose to finance your system with a loan instead. Some companies even offer $0-down loans so you can start saving on day one if your loan payments are less than your current electric bills. Just keep in mind that your long-term savings will be lower with a loan due to interest rates.

Find out what solar panels cost in your area in 2024
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The numbers we're showing are averages. The price you'll pay for solar depends on many factors unique to you and your home:

If you're looking for solar companies in CT, here are some popular suggestions:

  • Green Power Energy
    Durham, CT
    Established 2009
    Elite+ Installer
    Green Power Energy offers a variety of flexible financing options to ensure that the solar program you choose is ...
    Elite+ Installer
    Screened & Verified

    Green Power Energy offers a variety of flexible financing options to ensure that the solar program you choose is ...
  • NuWatt Energy
    Glastonbury, CT
    Established 2010
    Elite+ Installer
    At NuWatt Energy, we strive to empower our clients by offering genuine energy independence and enhanced efficienc...
    Elite+ Installer
    Screened & Verified

    At NuWatt Energy, we strive to empower our clients by offering genuine energy independence and enhanced efficienc...
  • Premier Improvements Solar
    West Hartford, CT
    Established 2021
    Approved Installer
    *Full 25Yr Warranty Minimum on All Equipment (Parts, Labor, Shipping)
    *Custom Designs
    *Local (West Hartford) & Hone...
    Approved Installer
    Screened & Verified
    5.0 /5.0
    29 Reviews

    *Full 25Yr Warranty Minimum on All Equipment (Parts, Labor, Shipping)
    *Custom Designs
    *Local (West Hartford) & Hone...
  • EcoSmart Home Services
    East Berlin, CT
    Established 1985
    Elite Installer
    Ready to lower your energy bills, invest in your future, and protect the environment? At EcoSmart Home Services, ...
    Elite Installer
    Screened & Verified
    5.0 /5.0
    16 Reviews

    Ready to lower your energy bills, invest in your future, and protect the environment? At EcoSmart Home Services, ...
  • Elite Electrical Contracting
    East Windsor, CT
    Established 2017
    Approved Installer
    We are committed to meeting our clients' needs and ensuring customer satisfaction in every system we build and in...
    Approved Installer
    Screened & Verified
    5.0 /5.0
    12 Reviews

    We are committed to meeting our clients' needs and ensuring customer satisfaction in every system we build and in...

Solar is a major purchase, but you can get the price tag to come down a bit by being an educated shopper. Taking advantage of incentives and rebates and shopping around for quotes can bring down your cost of solar in East Haddam, CT.

Take advantage of federal and local solar incentives

As long as your federal tax bill is high enough, you can take advantage of the federal tax credit in East Haddam, CT. This incentive allows you to apply 30% of your solar installation and equipment costs toward your federal tax bill. If the amount exceeds your tax bill, you can roll over the remaining credit to the following year. Many states also offer great local incentives and rebates.

Get quotes from multiple installers

Comparing multiple solar quotes can save you money through competition and transparency. Each additional quote you receive for solar will help you find the right solar panel system at the right price.

This is where EnergySage can help. With funding from the Department of Energy’s SunShot Prize, EnergySage opened the country’s first (and now the largest) marketplace for home solar panel installations. We gather custom solar quotes from local installers on your behalf and put them in an easy-to-compare format. When you compare quotes for solar panels on the EnergySage Marketplace, you can expect to see prices up to 20% lower than if you work with a single solar company.

Why shop with EnergySage?

Save time & money

Request free quotes from vetted installers in minutes

Unbiased support

Our expert Energy Advisors will help you make the right decision

Trusted, local installers

We pre-screen and monitor all of our partners

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