Tax incentives and rebates

The federal government offers a 30% tax credit against the cost of solar systems to incentivize Dickinson homeowners to install solar panels on their property. Additionally, under local utility company solar rebates, qualified homeowners can reduce the up-front cost of solar panels.

Boost property value

Potential home buyers in Texas rank energy efficiency as one of the most important features they look for in a home and are willing to pay 4.1% (or $9,274) more when buying homes that have installed a solar panel system. And with Texas state authorities offering a property tax exemption on added home value from installed solar panels, you can lower your property tax.

Long-term energy saving

Solar panels can save you a significant amount, and after a certain period, they pay for themselves. Here are some numbers to shed light on long-term energy savings with solar panel systems:

1. Average monthly electricity consumption: 1,690 kW
2. Average electric rate: 12 ¢/kWh 
3. Average monthly bill: $203
4. Solar system buyback period:  10.09 years
5. Average 20-year savings (accounting for solar installation costs, federal tax credit, and inflation): $33,925

And with initiatives like net metering and solar buyback programs, they can further reduce their energy costs with bill credits.

Environment friendly

Texas has a goal to decarbonize its grids and achieve net-zero emissions. Relying on environmentally friendly solar energy can help you contribute towards these goals and lead a more sustainable life.