Take Advantage of Local Texas Tax Incentives for Solar Panels
Find out exactly how much solar will save San Antonio homeowners
Solar Energy Companies are Hard at Work Helping San Antonio Residents Get Their New Home Solar Systems Installed by 12/31/2019
Feds Are Phasing out Federal Tax Credit
First let’s explain how the federal tax credit works: It gives you a dollar for dollar reduction against your federal income tax equal to 30 percent.
Let’s say your system costs you $25,000*. You pay for it, have it installed before 12/31/2019, and when you file your taxes, you get a credit of $7500. This means that one federal tax credit applied to your home solar system dropped the price to $17,500.
If you wait until 2020, you’ll only get 26%. In 2021 it will drop to 22%. After 2021, it’s slated for complete phase out.
Tax Credits Towards Home Solar System Are Generous in San Antonio
Texas is a good state for solar for two important reasons: It’s the third sunniest state in the nation and the state offers great solar incentives to help homeowners make it happen. San Antonians have an extra benefit too because their utility company is one of the few in the state that provides a solar rebate program.
Solar Tax Credit: Property Tax Exemption for Texans
Texas provides a property tax exemption for home solar systems owners. Once you’ve had your home solar panel system installed, you’ll receive a full 100% property tax exemption!
Solar PV Rebate Program for San Antonio
One thing that is important to know about this rebate is that the system must be purchased, they do not offer the rebate to anybody who has entered into a leasing agreement. The system must be at least 1 kilowatt.
Solar Energy for San Antonio Is Easy to Get!
Of all the solar companies in San Antonio, Momentum Solar has become known as the solar company of choice for San Antonio homeowners. While ensuring that homeowners get every possible tax credit and rebate for new installations, we’re providing top-rated systems at the most affordable prices.
In addition to the generous tax rebates you’ll get once you’ve gone solar, there’s two major expenses that have been dramatically reduced because of the tax credits towards your home solar system:
- electricity bill
- property taxes
Solar Financing or Leasing Made Easy
Momentum Solar excels at helping homeowners find the best solar financing option for their needs. Whether you choose to buy your system outright or lease it through a power purchase agreement, Momentum Solar will help you through that process and provides great solar financing options.
If you care about saving money and working with the best that money can buy, then you’ll want to get Momentum Solar helping you.
- Solar Tax Credits
- Rebates and Incentives
- Easy Financing or Leasing
- Free Estimates & Free Installation
Give yourself the best solar contractor in San Antonio by choosing Momentum Solar
*This number is provided for demonstration purposes only; a Momentum Solar Installer would be the only qualified person to give you an actual estimate for your system.
This customer’s bill is estimated to be $150 lower than the previous bill.
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