Tax incentives and rebates

In a bid to increase solar generation in sunnier states of the USA, federal authorities offer a 30% tax credit to offset the cost of solar panel installation. Additionally, local authorities and utility companies in Texas are also offering additional rebates to help promote solar energy in Seabrook.

Boost property value

Texas offers property tax exemption on the added home value from installing solar panels. Additionally, potential buyers are willing to pay 4.1% (or $9,274) more for homes that have solar panels.

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: 1,501 kWh
2. Average electric rate: 17 ¢/kWh 
3. Average monthly bill: $262
4. Electricity bill over 25 years: $102,100
5. Solar system buyback period: 8.82 years
6. Average 20-year savings (accounting for solar installation costs, federal tax credit, and inflation): $39,463

Additionally, programs like net metering and solar buyback can help receive bill credits on any excess energy the solar panels may produce.

Environment friendly

Solar energy is one of the cleanest and most easily accessible renewable energy sources. Going solar can help contribute towards Texas’s goal of net zero by 2050 and help build a sustainable future.