You could not live in an ideal location for solar energy if you are from Houston, Texas. Houston, Texas is a leading city in the solar energy revolution.
Google has named Houston the top U.S. location for rooftop solar potenciary. Houston also pledged to provide 100% renewable energy for all municipal operations.
As more Americans opt to use solar energy to power their homes, solar panels are experiencing a tremendous increase in popularity. It’s not surprising why. The first step towards a future with clean, sustainable electricity is harnessing the sun’s energy. This will also help to reduce your energy costs.
SOLAR PANEL INSTALLATION FEES
How much does a Houston solar installation cost? It depends on many factors. This includes your location, the energy costs in your area, your personal energy use, and the size of your system.
Having a financial plan in place is crucial when making such a necessary purchase. An 8 kilowatt (kW) residential SunPower system can cost Houstonians approximately $42,000. We’ll cover the local rebates and tax credits available below.
This average price includes all required solar parts.
- Solar panels
- Mounting equipment
- Inverters
- Conduit and other parts
- Installation labor
- Management of projects, including HOA approvals and permitting and inspections
- System maintenance and repairs are covered by a 25-year warranty
Solar energy costs are now cheaper than ever thanks to record-breaking U.S. installation numbers. Solar energy costs are expected to be competitive with electricity sold by your local utility. Houston also offers many rebates and incentives that will make going solar easier for everyone.
Continue reading to find out more. We will cover all the solar panel incentives that are available at the local, state, and federal levels for Houston homes.
FINANCIAL INSIDERS TO HELP You SAVE
You can benefit from numerous solar incentives, regardless of location. These rebates are just a few:
- Local rebates. States and cities offer unique incentives like credits and rebates to offset the cost for solar energy. They are available only to local residents.
- Federal rebates. Federal rebates. Homeowners can get 30% off their federal taxes by taking the federal solar credit.
- Manufacturer rebates Limited-time rebates from solar panel manufacturers may be available with your installation.
- Promotions. It all depends on when you purchased your solar panels. You may be eligible to receive promotions that will make your installation more affordable.
SAVING MONEY Using LOCAL REBATES
Governments and utilities across the country offer financial incentives and tax breaks to encourage widespread solar energy. Although Texas does not have a state-led program for solar rebates or tax credits, there are many Houston solar incentives.
These incentives will lower the price of your Houston solar panel installation.
- Utility providers. Green Mountain Energy offers Houston solar power users a rebate, which varies depending on the system size. The average value is $3,275.
- Property tax exemption. Texas is not one of the states that raises property taxes for homeowners who have completed a residential panel installation. Houston homeowners can continue to save money throughout the life of their solar panels.
- Net metering. Houston power providers offer net metering. This agreement between you and your utility provider sends unused electricity back into the grid. In return, you get credits on your energy bills. You can use those credits to offset your monthly utility bill if your solar panels don’t produce enough electricity, such as at night or on cloudy day.
SAVING MONEY – FEDERAL REBATES
The federal government is here to help you if you are interested in switching to renewable energy for your home.
The solar tax credit (ITC ) is used to subsidize solar panel system installation and purchase for homeowners in the United States. It was originally set to expire in 2023 but the Inflation Reduce Act extended its life by ten years. It will continue at 30% through 2032, making solar power more affordable for homeowners.
Credit is reduced to 26% in 2033, and 22% in 2034.
SAVING MONEY – MANUFACTURER REDUCTION
Manufacturers want homeowners to be able to go solar. SunPower offers rebates up to $1,000 periodically to reduce the cost of solar panel installation. Call us for information about manufacturer rebates that you may be eligible to take advantage of if you are ready to switch.
READY FOR THE SOLAR REVOLUTION TO BEGIN?
Going solar is smart for many reasons, including drastically reducing your energy bills and eliminating dependence on oil suppliers. These solar financial incentives make it easier and more affordable to switch to clean, renewable energy.