Key Points
- A 9-kilowatt system in Texas costs $29,430 on average before incentives and rebates.
- Applying the 30% federal tax credit reduces the average cost to $20,601.
- You could save over $2,000 a year on energy bills in Texas with solar panels.
- Texas energy companies, such as TXU, Oncor, and Reliant, offer bill credits for excess energy generated from residential solar panels.
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Texas solar power FAQs
Yes, solar panels are a good investment in Texas due to abundant sunlight, potential energy bill savings, available incentives, and the positive environmental impact. However, consider your budget and financing options before making a decision. Consulting with a solar installation company in Texas can provide insights based on your specific needs.
There are a number of professional solar companies in Texas to choose from. Before selecting a solar installer, read reviews and testimonials about the company, ask for references, and research their company history. You should also get multiple quotes from different installers to ensure you are making an informed choice. SaveOnEnergy can help you find a credible solar installer in your area.
Reducing your dependence on traditional electricity sources, such as coal or natural gas, slashes your home’s greenhouse gas emissions. As a clean and renewable energy resource, solar power doesn’t emit carbon dioxide or methane. Using solar panels can reduce your home’s carbon footprint.
No. Texas doesn’t pay for solar panels. However, when homeowners apply for the Residential Clean Energy Credit, solar costs can be reduced by thousands of dollars. This federal tax incentive gives a 30% credit on their income tax returns to homeowners who purchase or finance solar panels in Texas.
Energy providers offering net metering benefits are best for homeowners with solar panels. Some providers in Texas that offer credits for excess energy returned to the power grid, also called solar buyback plans. Chariot Energy, Gexa Energy, Green Mountain Energy, Reliant Energy, Rhythm Energy, Shell Energy, and TXU Energy all have plans or benefits for solar owners.
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