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Incentives & Rebates

Texas Homeowners Are Cashing In On Solar Incentives

Texas has abundant solar resources and homeowners are taking advantage of it. The state is quickly climbing the charts when it comes to the cumulative amount of solar electric capacity installed, meaning Texas is a leader in renewable energy deployment. One reason is the state’s solar incentives, which are often paired with the federal solar tax credit to give Texas homeowners the opportunity to go solar with zero out of pocket upfront cost.

Property Assessed Clean Energy Financing

Property Assessed Clean Energy Financing, or PACE, offers Texas homeowners the option to finance solar panel system installation by placing an assessment on the land. The amount financed can be paid via property taxes on a yearly basis until the solar panel system is paid off. However, not all local governments offer PACE financing, although many do.

The Federal Solar Tax Credit

The ITC, also known as The Federal Investment Tax Credit, is available to Texas homeowners who purchase their solar panel system outright. This credit amounts to 30% of your solar system’s cost after deducting the value of your state rebates. By the end of 2019, however, ITC credits will drop from 30% to 26%. The following year, after 12/31/2020, the tax credits for installations will drop to 22%. This is one of many reasons why it makes sense to go solar now.

Hassle Free Loans Provide Zero Out Of Pocket Installations

Agreements and loan terms can be customized based on your needs, resulting in complete solar panel system installations with zero out of pocket upfront for the homeowner. Our specialists will work with you hand in hand to ensure you take advantage of all the state and federal incentives, credits, and rebates that are available to the Texas homeowner. We’ll even handle all of the paperwork, streamlining the process for you to get your solar panel system installed hassle free. So just sit back and watch as your energy bill gets crunched in half.

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