{"id":10826,"date":"2023-04-24T17:25:54","date_gmt":"2023-04-24T17:25:54","guid":{"rendered":"https:\/\/www.solar.com\/learn\/?p=10826"},"modified":"2026-01-14T17:35:08","modified_gmt":"2026-01-14T17:35:08","slug":"the-benefits-of-solar-panels-in-fairfield-county-connecticut","status":"publish","type":"post","link":"https:\/\/www.solar.com\/learn\/the-benefits-of-solar-panels-in-fairfield-county-connecticut\/","title":{"rendered":"The Benefits of Solar Panels in Fairfield County, Connecticut"},"content":{"rendered":"

Southwest Connecticut isn’t the sunniest corner of the world. But with some of the highest grid electricity prices in the nation, solar panels can go a long way to reducing energy costs in Fairfield County, Connecticut.<\/p>\n

In this article, we’ll explore the savings potential of solar panels in Fairfield County and some additional benefits of producing your own clean electricity.\u00a0Let’s dive right with how much residents of Fairfield County can expect to save with solar panels.<\/p>\n

Easily compare solar quotes from trusted local installers.<\/a><\/p>\n

<\/a>Solar panel savings in Fairfield County, CT<\/h2>\n

Energy cost savings is, in many cases, the primary motivation for installing solar panels. And in Fairfield County, the savings potential is well above average thanks to Connecticut’s extremely high grid electricity prices.<\/p>\n

In January 2023, Connecticut had the fourth highest average retail electricity price<\/a> in the US at 30.24 cents per kWh. For context, that’s nearly double the national average of 16.2 cents per kWh and triple the cost per kWh of electricity produced by an average solar system.<\/p>\n

\"connecticut<\/p>\n

Now, let’s compare the cost of paying for grid electricity versus buying a solar system.<\/p>\n

Let’s say you buy a 5 kW solar system for $25,000 that produces an average of 5,880 kWh of electricity per year. The incentives available to Eversource customers<\/a> in Fairfield County would bring the cost of that system down to $13,760, as shown below.<\/p>\n\n\n\n\n\n\n\n
<\/td>\n<\/td>\n<\/tr>\n
Price paid<\/td>\n$25,000<\/td>\n<\/tr>\n
Federal tax credit (30%)<\/td>\n-$7,500<\/td>\n<\/tr>\n
20 years of RECs<\/td>\n-$3,740<\/td>\n<\/tr>\n
Net cost<\/td>\n$13,760<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Now, $13,760 is no small chunk of change, but it’s peanuts compared to buying the same amount of electricity from a utility provider over 20 years. The graph below shows the cumulative costs of paying for solar panels versus grid electricity.<\/p>\n