THE LONE STAR STATE GOES SOLAR
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.
Solar panels perform in all kinds of weather
Going solar is a big decision, and although there are many factors you should consider, local weather shouldn’t be a deterrent. Solar panels are designed to work in almost any type of weather… even snow and clouds!
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*This information is current as of May 5, 2021 figures are only approximations.
**Offset requires matching energy usage to the solar system’s output
***We advise you to consult with the appropriate professionals (including, but not limited to, your solicitor or attorney, accountant, CPA, CGA, or any other financial or legal advisor) for the implications of any information contained in our website and in any link you access through our website. Customers are encouraged to check with their local utility providers for the most up to date and accurate information regarding solar incentives and programs available.
****You should contact a qualified tax expert and consult with them. Neither Freedom Forever’s family of independent authorized dealers nor Freedom Forever itself can give you tax advice. A qualified tax professional will understand your situation and be able to give you the most relevant advice.