Residential solar installation helps save a significant amount in energy bills and, after a given time, pays for itself –

Electricity rate: 13.0 ¢/kWh in Rosharon.

Average monthly bill: $184 for a household consuming 1,453 kWh.

25-year cost: $55,200 over 25 years (not assuming the inflation and increase in electricity rate).

Solar system buyback period: 7.11 years

Average 20-year savings (accounting for solar installation costs, federal tax credit, and inflation): $52,138

Environment friendly

Residential and commercial solar panel installations in Rosharon, TX, can help lower greenhouse gas emissions. As a consumer, your decision to go solar is crucial in mitigating the effects of climate change.

Cost-effective tax incentives and rebates

Residents of Rosharon, Texas, are eligible for the following tax incentives and rebates on residential solar installation –

1. Up to 30% tax credit under the Inflation Reduction Act (IRA).
2. Property tax exemption on the value the solar panel adds to your home.
3. Local utility company solar rebates for lowering the panel’s cost after installation.
4. Bill credits for any excess power the solar panels generate under the TXU Energy Home Solar Buyback Plan.

Appreciation in the property value

The value of your property in Rosharon, TX, can potentially rise by $20 for every $1 saved in energy bills through solar panels. Homebuyers in Texas are also willing to pay an additional 4.1% for properties with residential solar panel installation.