How Much Money Can You Save With Solar Power in Texas?

solar power in texas

A lot of homeowners in Texas are choosing to switch to solar power. It’s an environmentally conscious choice that can also save you money.

Adding solar panels to your home can greatly reduce the number of carbon emissions you create. It’s an investment that allows you to do your part to combat climate change.

You might be wondering: how much can I really save with solar energy? Will my solar panels pay for themselves?

Keep reading, and we’ll tell you all about how you can save money by switching to solar power in Texas. You might even be able to make money, too!

Solar power for home
Photo By Giorgio Trovato

Saving With Solar Power

Though it does cost money to install your solar panels, that price might be lower than you think. If you need to, you can finance your solar power installation over time.

Your solar power savings will always outweigh the initial cost of having your panels installed. Solar power can either offset a certain amount of your electricity bill or completely power your home.

If you finance your solar panel installation payments, your monthly costs are guaranteed to be lower than they would be if you were paying your regular electricity bill.

Plus, after your solar panels are paid off, your savings will skyrocket. Your solar panel provider can help you estimate solar savings for your property.

Solar Tax Incentives

Cheaper monthly bills aren’t the only way that solar panels can help you save. In many states, including Texas, you will qualify for solar power tax breaks.

Because you made the environmentally responsible choice of adding solar panels to your property, the government will lower the amount of property tax you have to pay.

Black and white solar power panel
Photo By Loom Solar

These tax incentives are the government’s way of motivating you to do your part and create sustainable energy.

Plus, solar panels will make your home more valuable if you ever want to sell it. A lower property tax is a great motivation in a home sale.

Selling Solar Power

If all these savings aren’t enough for you, don’t worry. You can actually make money on your solar panels!

In Texas, solar buyback programs offer you the chance to sell your excess solar power back to the government.

A solar-powered home often generates more solar power than that home needs. When you sell your solar power back to the government, you allow them to use it elsewhere so it doesn’t go to waste.

Plus, the sale puts money in your pocket. Once your solar panels are paid off, you could actually make a profit on them by negating your electricity bill and making money from the government.

Get a Solar Savings Quote Today

Now that you know more about how to save with solar power in Texas, it is time to take the next step. Reach out to a solar energy provider and see how much you could save by adding solar panels to your home.

Your conscience and your wallet will thank you.

For more home improvement tips, check out the rest of our blog!

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