Texas Free Solar Panels

You can actually get solar panels installed on your home at absolutely no charge to you.

Texas free solar panels.

A solar payback period is the amount of time it takes for property owners who install solar panels to recover their initial investment through electricity savings. Texas solar power overview. Yes there are legitimate installers that will put free solar panels for your home. The bottom line is there might be a free solar panel scam lurking out there but it isn t coming from any reputable solar company like ours.

This is largely due to the fact that texas s electric utilities are deregulated making it possible for people in most cities to choose which retail electric. Free solar panels in texas solar power companies in texas 0 down solar leasing is available. First you earn a 8 153 federal solar tax credit. Texas is one of the best states in the country if you want to go solar but only if you re rich enough.

In texas the average solar payback period is 12 57 years. The investment return and savings that can be made by buying solar panels varies more by city and utility in texas than in any other state in the country. Between december 2016 and december 2017 net solar power generated by texas utilities and small scale solar pv facilities pdf rose by more than 107 percent from 96 000. These offers entice people with a no cost way to go solar.

But wait that s not all not only can you get solar panels installed for free you also get dramatically reduced monthly electricity bills with fixed rates for as long as 25 years. While texas doesn t have a statewide solar tax credit or solar rebate program many utilities large and small and local governments offer incentives to homeowners who want to go solar. Texas launches no upfront cost solar program for middle class homeowners february 26 2017 by timothy e. Regardless of the exact cost of installation there are many affordable financing options for solar panel systems.

Texas solar rebate programs. But the catch is that they require you to enter into a solar lease or power purchasing agreement ppa. If you would like to know if your home is eligible for solar or if you qualify for a ppa lease or purchase with financing go here or request a free no obligation solar evaluation by filling out the. In the case of home solar panels in many cases there is no catch.

Over 25 years your texas solar panels will save you an estimated 62 768 on your electric bills. A recent report by environment texas and frontier group indicates san antonio leads the state in solar pv capacity and ranks eighth among u s. The total net savings from solar in texas bill savings and incentives minus up front cost is 39 561. Due to the steep upfront costs of around 32 000 in cash only those upper income families can afford to install solar arrays.

Here are some examples. Generate an accurate online solar estimate for your home. If you live in austin you can get a rebate of 2 500.