A solar panel system is a great investment for homeowners in Texas. The state’s abundant sunshine and high electricity rates make solar power a cost-effective and environmentally-friendly option. By going solar, you can save money on your monthly electricity bills and reduce your carbon footprint. Plus, the state offers various incentives and rebates to help offset the upfront cost of installing a solar panel system. Going solar is a smart choice for homeowners in Texas and can help pave the way towards a more sustainable future. While the pandemic continues to disrupt our normal daily lives, one thing has remained constant, the need for energy. In fact, with more people working from home, demand for energy has actually increased.
The good news is that there’s a renewable resource that can meet this demand, solar power.
Solar power is one of the fastest-growing industries in the United States. In 2019, the solar industry added nearly 2,000 megawatts (MW) of new capacity — enough to power more than 430,000 homes.
If you’re a homeowner or business owner in Texas, you may be wondering if solar is right for you.
Here are 10 reasons why going solar makes sense in Texas.
Solar Saves You Money:
The most obvious reason to go solar is to save money on your energy bills. Solar panels produce energy during the daytime, when electricity rates are typically higher. This means that you can offset your highest energy usage — and your highest bills — with solar. Further, solar panels last for 20 to 30 years, so you can enjoy decades of savings.
Raise Your Energy Independence:
With a solar energy system for your home, you generate your own power by utilising the sun’s free and abundant energy! Solar energy systems can now often produce enough energy to meet 100% or more of your energy needs, reducing your reliance on energy distributed from the grid by your utility. Your home can truly become more energy independent with an increasingly affordable suite of products to accompany your solar energy system, such as battery storage and power generators.
Solar Increases Your Property Value:
When you install solar panels on your property, you’re not only saving money, you’re also increasing your property value. In fact, a study by the Lawrence Berkeley National Laboratory found that solar panels can increase a home’s value by as much as $15,000. And when you go to sell your home, you’ll be able to market it as an energy-efficient property — a valuable selling point for many buyers.
Solar is Good for the Environment:
Solar power is a clean and renewable energy source, so it’s good for the environment. Solar panels don’t produce air pollution or greenhouse gases, so they help us all breathe a little easier. In fact, the average 5kW solar energy system offsets about 10 tons of carbon dioxide each year — the equivalent of planting 200 trees. So it means a lot for the environment when homeowners and businesses choose solar. And as you know, what’s good for the environment is good for all of us.
Solar Creates Jobs:
The solar industry is one of the fastest-growing industries in the United States, and it’s creating jobs across the country. In 2019 alone, the solar industry added 9,000 jobs in Texas. So when you go solar, you’re not only helping the environment, you’re also supporting the economy and creating jobs in your community. Which is one of the biggest need in the country right now.
Solar is Reliable:
Solar panels are designed to withstand the harshest weather conditions, so you can count on them to generate power when you need it most. In fact, solar panels actually produce more energy in cooler temperatures. So whether it’s a heat wave or a blizzard, you can rest assured that your solar panels will keep working.
Solar is Low Maintenance:
Solar panels are low maintenance, so you can enjoy years of hassle-free energy production. Once your solar panels are installed, there’s not much you need to do to keep them running. You’ll just need to occasionally clean your panels and check that they’re still aligned properly. That’s it!
Eligible for tax breaks and rebates:
Aside from the abundant sunshine that we enjoy in Texas, the state is also very solar-friendly. Utilities across the state have set up financial incentive programmes to assist homeowners like you in saving money right away when purchasing a solar energy system. Rebates can help reduce the cost of a system by thousands of dollars. Utilities frequently devote a limited budget to funding rebates that are distributed on a first-come, first-served basis. As a result, the sooner you plan to install a solar energy system, the better!
As Solar panels are a smart investment, both financially and environmentally. Not only will you save money on your energy bills, but you’ll also increase the value of your property. And because solar panels have a long lifespan, you’ll be enjoying the benefits of your investment for many years to come.
Solar Saves Water:
Solar energy systems don’t require water to generate power, so they can help reduce water consumption. In fact, a typical 5kW solar energy system can save up to 10,000 gallons of water each year. That’s enough water to take 40 baths! So if you’re looking for a way to save water, solar is a great option.
Solar is Affordable:
Solar panels are more affordable than ever, and the cost of solar energy continues to drop. In fact, the cost of solar has fallen by more than 70% over the past 10 years. So if you’ve been considering solar, there’s never been a better time to make the switch. As going solar now costs less than it ever has.
The federal solar Investment Tax Credit (ITC) is the most significant incentive available for residential solar energy systems, allowing you to deduct 26% of the cost of installing a solar energy system from your federal taxes.
In Texas, depending on the size of your system, this tax credit typically ranges from $4000-$9000, representing significant savings on the net cost of your solar energy system. The tax credit will be reduced to 22% in 2021 and 10% in 2022, so you could be losing out on hundreds to thousands of dollars in potential savings if you wait too long!
At the End:
If you’re thinking about going solar, contact a Solar Specialist today. They can help you find the right solar solution for your home or business, and they can answer any questions you have about solar. Going solar is a big decision, but it’s one that comes with a lot of benefits. So if you’re ready to save money, help the environment, and increase your property value, going solar is a great option for you.
Also advise other homeowners in saving thousands of dollars. With the cost of solar falling significantly in recent years, the number of annual new solar installations in Texas has more than doubled since 2018, with nearly 80% of the state’s solar production capacity installed in the last two years.
Texas homeowners have contributed significantly to the incredible momentum toward sustainable energy. During the current pandemic, 67% of Texas homeowners have expressed an increased interest in solar.
The time has come to take step. See how much money you could save by going solar!