Solar Panels in
Lyme, CT

Updated 6/25/2022

How much do solar panels cost in Lyme, CT in 2022?

As of July 2022, the average solar panel cost in Lyme, CT is $2.68/W. Given a solar panel system size of 5 kilowatts (kW), an average solar installation in Lyme, CT ranges in cost from $11,390 to $15,410, with the average gross price for solar in Lyme, CT coming in at $13,400. After accounting for the 26% Federal Investment Tax Credit (ITC) and other state and local solar incentives, the net price you'll pay for solar can fall by thousands of dollars.

Importantly, these costs are typical for solar shoppers comparing solar quotes on the EnergySage Marketplace. When you compare quotes for solar panels on EnergySage's competitive solar marketplace, you can expect to see prices up to 20% lower than working with a single solar company.

Average solar panel cost by system size in Lyme, CT

System Size System Cost System Cost (after ITC)
3 kW $8,040 $5,950
4 kW $10,720 $7,933
5 kW $13,400 $9,916
6 kW $16,080 $11,899
7 kW $18,760 $13,882
8 kW $21,440 $15,866
9 kW $24,120 $17,849
10 kW $26,800 $19,832

2022 average solar panel cost graph in Lyme, CT

for a 5kW system

Great Price
$11,390 or less
Market Average
$13,400
Above Market
$15,410 or more
Note: Showing cost data for New London County, CT.

Solar installation costs do not include the 26% Federal Investment Tax Credit or local incentives. Learn more about local CT incentives, tax credits & rebates.

Payback Period

8.79 Years

20-Year Savings

$29,474

Cost per Watt

$2.68

Top solar installers in Lyme, CT

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

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