There are many reasons why Texas residents should switch to solar now! Most people know about the environmental benefits of solar power, but not many know about the extensive financial benefits. Read on learn which solar programs you can benefit from.
The solar tax credit is a nationwide incentive for anyone who buys a solar panel system. This credit gives you a 26% credit based on the cost of installing the energy system that you can apply to your federal taxes. This incentive applies to both residential and commercial systems and is one of the main ways homeowners save when they switch to solar.
This credit will not stay forever – in fact, the government has already begun to phase out this deal. In 2021 the credit will decrease to 22%, and will gradually decrease for the coming years. That is why we urge anyone who plans on switching to clean energy to commit now while the deal is at its best!
Other Solar Rebates
On top of federal tax credits, many homeowners can also utilize their state incentives to save even more. Texas participates in net metering, which gives homeowners credit for any excess energy produced by their panels. In addition, there are a variety of incentives offered by local governments and utility companies. Ask a representative from Momentum Solar to find out exactly which local solar rebates you qualify for!
Many Texas residents switch to solar power because of the energy savings that they accumulate over the lifespan of their system. Once your solar panels are up and running, you will no longer need to rely on your neighborhood’s energy grid 24/7. Instead, your home will run on power directly from the sun and only tap into the grid when it’s necessary. This results in big savings each month on your utility bill!
Solar Financing Options
We understand that investing in a solar energy system is a big commitment, which is why we are here to help in all the ways that we can. Momentum Solar offers multiple solar financing options to help you cover the cost of your panels in the way that is most convenient for you.
Customers can finance their solar panels with the following plans:
- – Cash
- – Cash Credit
- – Power Purchase Agreement (PPA)
- – Solar Loan
Each option has its own benefits, making it easy for homeowners to choose the plan that best suits their needs. Speak with a solar specialist at Momentum to learn more about each option and see which one is the right fit.
Texas homeowners can see huge savings if they use the right solar installer. At Momentum Solar, we provide the perfect combination of world-class customer service, high-quality solar panel systems and affordability. Our solar specialists will walk you through the entire process from your site assessment all the way through installation and activation.
See how you can benefit from solar energy with a free, no-obligation site assessment. Give us a call today to see what Momentum Solar can do for you!