Why go solar in Texas?
Texas is ranked 2nd* in solar power by the SEIA and homeowners are quickly going solar. As the state’s economy grows, so does solar. Not only can solar be a good investment in your home, but it can also give you the freedom to focus on other things that are important. Take advantage of Texas’ net metering and rebate programs to maximize your solar savings!
Solar incentives in Texas
The incentives for going solar in Texas vary significantly between the state’s different utility companies. For example, Austin Energy offers a $2,500 residential rebate and CPS Energy (City of San Antonio) offers a $2,500 residential rebate. Other local utilities may offer their own incentives for qualified customers. Additionally, Texas homeowners can benefit from the solar energy system property tax exemption, which exempts you from paying property taxes on the added home value from installed solar panels.
Texas homeowners are also eligible for the Solar Investment Tax Credit (ITC).**** The ITC allows you to deduct 26 percent of the cost of installing a solar energy system from your federal taxes.