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Although the state of Texas doesn’t offer a solar tax credit, many utility companies offer rebates and tax credits to locals who qualify. These include Austin Energy’s Value of Solar Tariff (a $2,500 rebate), which is currently being offered by Austin Energy for those who invest in solar. There is a renewable energy systems property tax exemption that Texas has implemented that will prevent your property taxes from going up after you install solar. As we talked about earlier, the state’s utility companies also have amazing net metering programs. Many of these programs allow any surplus of energy to be rolled over from one month to the next, and can even be done annually so you don’t lose out on any power that your system produces.
Mae and Lee - Virginia
Mae and Lee, a couple from VA saved $7,665 by taking advantage of the federal solar tax credit when they purchased their solar system in 2020
Cost of Solar in Texas
Solar Installation Process in Texas
Many different variables will influence the exact cost of your solar energy system. These factors include materials, the size of your home, type and size of your roof, number of panels, and permitting costs as well as the federal, state, and local incentives available. The only way to know exactly how much solar will cost for your unique home is by contacting us to receive a solar consultation done by a solar specialist. Although we can’t give you an estimate yet, we know that regional data can be helpful; According to EnergySage, as of 2021, the average cost to install residential solar panels in Texas ranged from $11,602 to $15,698 after the federal tax credit has been applied. Many customers who have installed solar in Texas have saved money by going solar compared to their old power bill because of the current low financing rates. If you have a credit score above 650 and a household income over $40,000 annually you have a great chance to qualify for solar financing in Texas. When you work with Noble Solar, we’ll include the cost of labor in our initial quote to make the breakdown as simple as possible.
The solar installation process in Texas is the same as any other state. Many homeowners choose to have a grid-tied solar energy system as opposed to a battery-reliant, “off-grid” system because of the fantastic net metering program available. Solar can be installed almost year-round in Texas, however we recommend a Winter or Spring installation date so that your system will be up and running by the Summer.
Schedule your Texas Solar Power Consultation
Schedule a free, 5-minute initial phone consultation with our team of specialists to start your solar journey. On the phone call we will go through some basic information about your current electricity usage, the type and size of your home, why you’re interested in solar, and answer your questions you may have. We also like to look at what rebates and tax credits you qualify for so you can see how much you could save. Next, we’ll schedule an in-home or virtual (Zoom or Skype) appointment to perform a more in-depth evaluation of your home and go over equipment, costs, logistics, and next steps.
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