The installation of solar panels to homes in Connecticut last year was the highest in a decade, and so far in 2024, the addition of the now-familiar rooftop units are on a pace to at least match last year’s activity.
Eversource, the state’s largest utility, said 11,600 of its Connecticut customers — the majority of them residential — installed solar panels last year, up 60% compared with 2022 and quadruple the number a decade ago. Eversource said about 70,000 of its customers statewide now have tapped into solar power.
As electricity bills rise, when does investing in a solar panel system make sense for a homeowner?
“It’s like any other investment you do to your house,” said Ali Bazzi, an associate professor of electrical and computer engineering at the University of Connecticut in Storrs. “You need to consider how long it’s going to take to basically break-even with your monthly payment or your rate of return if you…
