With abundant sunlight and a growing renewable energy industry, Texas presents a promising opportunity for harnessing solar power. The electricity bills in Texas are all set to rise in 2023, suggesting it is the best time to invest in solar panels to save the Earth and dollars.
However, having a solar panel installation Texas in your home or office is a big decision, so before you jump the gun, it’s essential to know what to expect. In this blog, we’ll delve into the details, providing you with everything you need to know before installing solar panels in Texas.
Why Are Solar Panels Becoming Popular in Texas?
Texas boasts exceptional solar energy potential, thanks to its vast land area and plentiful sunshine. According to the Solar Energy Industries Association (SEIA), Texas ranked third in the United States for total solar capacity installed in 2021, with over 10,000 megawatts (MW). This capacity highlights the growing viability and popularity of solar energy in the state.
How To Know If Solar Panels Are for You?
Solar panel systems are primarily sized based on your energy needs, and their value is closely tied to this factor. If your household consumes fewer than 500 kilowatt-hours, solar panels may not be a cost-effective investment since they typically pay for themselves by reducing or eliminating energy bills.
However, Texas ranks first in the country for energy consumption, with an average monthly consumption of 1,132 kWh. A majority of households in Texas would benefit from solar panel installation in terms of energy consumption. Moreover, considering the state’s relatively high energy prices, solar conversion becomes even more advantageous for most homeowners. To determine your energy usage, refer to your past electric bills.
What is The Cost of Going Solar in Texas?
The cost of solar panel installation in Texas is a crucial aspect to consider. Factors such as the size of the system, equipment quality, and installation labor contribute to the overall cost.
Federal incentives like the Solar Investment Tax Credit (ITC), which allows homeowners to deduct a percentage of the installation cost from federal taxes, can further offset expenses. By evaluating your budget and exploring available financing options, you can better assess the financial feasibility of going solar in Texas. Feel free to contact us for a quick solar panel installation quote!
What is The Average Payback Period for Solar Panels in Texas?
The payback period, which indicates the time it takes to recoup your initial investment through energy savings, is a key metric to consider. In Texas, the average payback period for solar panel installations is typically between 6 to 8 years. After this period, the energy generated by your solar panels effectively becomes free, resulting in long-term savings.
Ready To Begin Your Journey on A Zero Carbon, Solar Energy World?
If you’re interested in reaping the rewards of solar energy, reach out to Solar Tec today. Our team of experts will guide you through the solar panel installation process, ensuring a seamless and efficient transition to clean, renewable energy. Through careful planning and consideration, we’re making a change for residential and commercial energy consumption, financial savings, and contribution to a greener future in the Lone Star State. Don’t miss out on the opportunity to save on your energy bills while making a positive impact on the environment! Contact Solar Tec for a personalized solar solution tailored to your needs.
