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    Home»Services»Is Solar a Worthwhile Investment in the Lone Star State?
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    Is Solar a Worthwhile Investment in the Lone Star State?

    Elliot PhillipsBy Elliot PhillipsSeptember 4, 2021No Comments3 Mins Read
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    In recent decades, homeowners across the US have considered ways to live a greener lifestyle. One of the most popular choices for them is installing solar panels. Since 2010, solar panels have become cheaper and more efficient.

    Solar in the south is often at its most efficient. Since so much of the south has predominately sunny weather, solar panels can generate more electricity. Solar in Texas typically works with excellent efficiency due to the number of Texas sun days.

    If you’re a Texan wondering whether to get solar, stop wondering! Texas is an optimal environment for solar panels, as we’ll demonstrate below.

    How Much Does it Cost to Convert to Solar?

    The majority of your solar expense goes to initial panel and installation costs. This cost could vary depending on the area you’ll need to cover on your roof. The average US solar installation costs approximately $20,000.

    However, as you’ll see below, several benefits outweigh the cost. Moreover, certain factors can reduce the cost.

    The Benefits of Solar Installation

    Before we explore why solar power is such a good idea for Texas, it’s best to understand the benefits it offers generally. Solar power can do many things for homeowners.

    First, solar energy is a renewable resource. Renewable energy cuts down on carbon emissions, helping to preserve environmental resources.

    One of the primary benefits for homeowners is the amount of money it saves on energy bills. Although solar panels may be expensive to install, they often pay for themselves in the long run. Solar panels can generate enough electricity to either offset or eliminate electricity charges.

    Likewise, installing solar panels significantly increase a house’s market value. Studies show that homes with solar panel systems sell faster than houses without these systems. It can add several thousands of dollars to your house’s value.

    Incentives of Solar in Texas

    Texas solar incentives help several people to install solar panels on their roofs. The state is one of the five leading states for solar implementation in America. To continue encouraging this solar enthusiasm, Texas offers a Tax Credit to incentivize people to install solar systems.

    In 2019, when Texas first passed the credit, it reduced the cost by 30 percent. In 2020, the figure dropped to 26 percent. As of 2021, the tax credit has dropped even more.

    The tax credit will expire at the end of 2021, however. If you want to take advantage of this credit, act fast to get Blue Raven solar panels.

    Texans also receive a federal tax credit on the cost to install a new system for residential properties. This credit helps reduce the cost of an up-front investment, dropping one-third of the price from the retail value.

    Find Your Solar Installation Today

    Solar in Texas is a worthwhile investment. It reduces the cost of your energy bills and helps protect the environment. Moreover, Texas helps its citizens install solar panels through tax incentives and benefits.

    We hope you enjoyed this article! If so, check out our other content today.

    Read Also: The Complete Guide for First-Time Gun Buyers: Everything to Know

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    Elliot Phillips

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