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Is Solar Worth It in Connecticut? 2026 Rates & Payback

Is solar worth it in Connecticut?

Worth considering

At 24.2¢/kWh, a system in Connecticut pays for itself in about 9.7 years — reasonable, but not exceptional.

Electricity here is 25% more expensive than the national average (~19.3¢/kWh).

Rates in Connecticut rose 29% from 2020 to 2025. If prices rise 3% a year, payback drops to about 8.7 years. Try other scenarios ↓

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Estimates only. Actual results depend on your home, installer and local rules. Learn more: Is solar worth it in 2026? · What if electricity prices rise?

Residential rate

24.2¢

per kWh

Est. monthly bill

$217

at 900 kWh/mo

Solar payback

9.7

years

At 24.2¢/kWh, a home using 900 kWh a month pays about $217. A 6 kW rooftop system here produces roughly 7,648 kWh a year. At $3.00/W ($18,000, before incentives), the savings would pay off the system in about 9.7 years — faster than most states.

Estimate your savings

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Estimate based on average system size and current rates. Actual results vary.

What if electricity prices rise?

Many states have seen rates rise faster than 3% in recent years.

Estimated payback

8.7 yrs

Savings over 10 years

$21,183

Savings over 25 years

$67,368

Do nothing: over 25 years you'd pay about $67,368 for the electricity a 6 kW system would otherwise produce — money that stays with the utility instead of paying off your panels.

Estimates only. Actual results depend on your home, installer and local rules.

Electricity rate trend

From 2020 to 2025, the average residential rate went from 22.7¢ to 29.4¢/kWh — +29% in 5 years.

If rates continue at a similar pace, solar payback shortens further.

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Electricity price trend

Electricity in Connecticut went up 40% since 2015 (about 3.4% per year).

Average residential price, ¢/kWh (EIA yearly data).

25-year savings, flat prices

$46,194

If prices keep rising like they have

$71,442

For a 6 kW system. Yearly price rise capped at 5% in this estimate. Future prices are not guaranteed.

Major utilities & net metering

Eversource
United Illuminating

Mostly flat residential rates; ask about optional time-of-use plans.

Net metering: Reduced export credit — exported power earns less than retail, so self-use and batteries matter more.

General guide — check your utility for current rates.

Solar installers in Connecticut

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Empire Solar Works (example)

Verified

Albany, NY · 9 yrs in business · NABCEP certified

Solar · Heat pumps

Serves: NY, NJ, CT

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Data based on EIA and NREL PVWatts (rates for 2026-07).