Typical home: Worth it

Solar in New London, CT

With Eversource Connecticut's electricity at about 27.9¢ per kWh and 1,306 kWh of sun per kW, solar is worth it for a typical New London home today: about a 8.5-year payback.

Payback, typical home
8.5 yrsConnecticut: 8.7 yrs
25-year net
$58,463after paying $20,400
Sun
1,306kWh per kW per year
Electricity
27.9¢55% above U.S. average

A typical New London home, by the numbers

UtilityEversource Connecticut
Electricity use708 kWh a month
Best-value system6.5 kW, about 15 panels, 8,486 kWh a year (100% of use)
Cost$20,400
First-year savings$2,261
Payback8.5 years
Exported powerFull retail net metering (Eversource Connecticut)

Cash purchase, no federal credit, 3.4% yearly rate increases. Run it with your own numbers.

Solar production per kW in New London

kWh per kW each month, south-facing at 20° tilt. PVWatts v8 with local typical-year weather.

Show as a table
PeriodValue
Jan80
Feb94
Mar118
Apr120
May139
Jun137
Jul140
Aug128
Sep120
Oct96
Nov70
Dec66

Homes in New London

Owner-occupied homes
36%
Single-family detached
30%
Median home value
$253k
Median year built
1945
Population
27,625
Roofs suitable for solar†
80%

Census ACS 2020–2024. †Share of 5,479 buildings Google Project Sunroof rated technically suitable (2019 snapshot).

Older housing stock. Many homes here were built before 1975. Have the roof and electrical panel checked before signing; a roof or panel upgrade can add thousands. Roof first?

Installers working in New London

Public installation records for Connecticut don't name installers, so we can't rank local companies here. Browse installers in Connecticut.

Always verify the license and get at least three quotes. Compare quotes side by side.

Questions about solar in New London

Is solar worth it in New London, CT?

For a typical home in New London, solar is worth it at 2026 prices: a 6.5 kW system costs about $20,400 after state incentives, saves about $2,261 in year one and pays back in about 8.5 years. Enter your address for an estimate based on your roof and bill.

How much solar power does a system produce in New London?

About 1,306 kWh per year for each kW of panels on a south-facing roof, based on PVWatts and local weather. That's 2% more than the Connecticut average. East- or west-facing roofs produce roughly 10–20% less.

Who is the electric utility in New London?

Most homes in New London are served by Eversource Connecticut, at about 27.9¢ per kWh on average.

How much do solar panels cost in New London?

A fair cash price is around $3.10 per watt before incentives, so about $20,400 for a 6.5 kW system. There's no federal tax credit for homeowners who buy in 2026.

Nearby

Data: PVWatts (National Laboratory of the Rockies), EIA-861 2025 adjusted to 2026, U.S. Census ACS, LBNL Tracking the Sun, state policy research as of October 2026.