The state of Texas is the perfect place to take advantage of solar energy.
As one of the flattest and sunniest places in the south, Texas presents countless opportunities when it comes to renewable energy. Solar panel installation in Texas has become extremely popular in the last decade, making it the 2nd ranked state in the US for solar power.
That being said, only 3.3% of the state’s electricity actually comes from solar energy, so there’s still a lot of work to do. If you are a homeowner, it’s important that you understand what solar power can do for you as a Texas resident.
Many Texans are still frightened of the up-front price tag of solar panels. Keep reading and you’ll quickly understand that there’s a lot more than meets the eye when it comes to solar panel installation in the Lone Star state.
Solar Resources for Texas Homeowners
Texas Solar Statistics Through Q1 2022, According to SEIA.org
- Texas ranks 2nd amongst US states for solar, after ranking 1st in 2021.
- 3.75% of the states power comes from solar.
- It’s projected that more than 18,400 additional Megawatts will be installed over the next 5 years
- Prices for solar panel projects have decreased approximately 50% in the last ten years.
- Download the fact sheet here
Let's Get Started
LGCY Power is the industry leader in smart, affordable energy solutions for your home.
Solar for Any Budget
Complete a Quick Form and a Representative Will be in Touch With Pricing.
The Benefits of Solar Panel Installation in Texas
Before you start to look at how to go solar and what the costs actually are, you’ll probably want to understand some of the benefits of going solar in Texas. There are two major benefits to going solar: you’ll save money and help the environment.
When it comes to money, most people start by looking at the cost of solar panel installation. What gets overlooked is the fact that solar panels give you the opportunity to completely offset your energy bill.
If you examine the potential savings over the lifespan of your solar panels, you’ll realize how financially beneficial they really are. According to EcoWatch, it takes most homeowners about 8 years to break even on their solar panels, but as we’ll see later, incentives can play a huge role in shortening this.
Once you’ve broken even on your solar panels, you’re just pocketing all of the money that you’d spend on your energy bills. This amounts to many thousands of dollars over 25 years, which is the lowest estimate of how long a solar panel system will last.
Another benefit is the value that your solar panels bring to your home. Should you ever decide to sell, it’ll be easier to sell and you’ll sell for more money with a solar panel system on your roof.
Beyond the financial benefits, solar panels make you an important player in the fight against climate change. Texas is home to 29 million people. If more Texans go solar, we can make a huge difference in the carbon emissions of our state, and our country as a whole.
The Process of Going Solar in Texas
When you contact us at LGCY Power to discuss going solar, we’ll send a consultant to your home. There, we’ll be able to answer all of your burning questions and come up with a solar plan based on your budget and needs.
Once this plan is in place, we’ll have a site surveyor examine your property, roof, and electrical system to ensure that the plan makes logistical sense. Along the way, we’ll provide you with all of the resources you need regarding warranties, guidelines, and information should you decide to sell one day.
One of the important things is to ensure that all of the proper building permits are in place before we start. If everything looks good, then we’ll have your solar panels up and running within a few days.
Local Solar Resources and Guidelines
Deciding to go ahead with solar panel installation is a big financial decision. We’ll discuss solar panel costs shortly, but you can’t discuss the costs without first considering the incentives and rebates you get by going solar.
First of all, there’s the federal investment tax credit (ITC), which allows you to claim 26% of the total cost of your solar panels on your federal taxes. This can amount to thousands of dollars in savings, but you need to act soon. The ITC is scheduled to drop to 22% at the end of 2023 and disappear altogether by the end of 2024.
In addition to the federal incentives, there are numerous state and local rebates that you can apply for. If you live in a TXU service area, you can obtain bill credits for the excess energy you produce with your solar panels. Other utility companies may offer rebates for solar installations as well.
There’s also the Solar Energy System Property Tax Exemption, which exempts you from property tax on the added home value that your solar panels bring.
These are just a few of the incentives you can take advantage of when you install solar panels. You can get a full picture of your options when you talk to one of our consultants about your solar panels.
The Costs of Going Solar in Texas
How much your solar panel system will cost depends on how many panels you’re going to have installed.
The number of solar panels you need will depend on the size of your home and how much energy you use. It also depends on the type of solar panels you want to use. This post outlines all of the different solar panel types, how much they cost, and the perks of each.
If you can’t afford to buy your solar panels, there are still options. Solar leases and loans eliminate the up-front cost of going solar. With a loan, you gradually pay off your solar panel system and with a lease, you don’t own it, but get the benefits nonetheless.
Why Choose LGCY Power to Go Solar?
Now that you know why you should go for solar panel installation in Texas and how to do it, it’s time to get down to brass tax. LGCY Power is the top-rated solar power company in the entire country because of our dedication to educating people about the benefits of going solar.
Our knowledgeable team of solar power experts can help you get a solar panel system that fits your needs and budget. You don’t have to be afraid of the cost of solar power anymore because you’ve got countless options to make it work for you.
To learn more about the LGCY Power difference, visit our site, where you’ll find more information like this that answer every question you might have about installing solar power on your home.
