11 Best Solar Companies in Texas, MI (2023 Reviews)

The Cost and Benefits of Solar in Texas

For the majority of homeowners, whether or not you should invest in solar energy depends the most on the cost. A few key factors that determine how much it will cost to install solar panels on your home and how much money you could save over time are:

• Typical energy usage: The more electricity your home uses on average and the larger your current electricity bills are, the more likely you'll benefit from switching to solar.
• System size and type: Some models are more pricy than others, so the one you want to get can raise or lower your initial investment. Plus, the more solar panels you need, the more it'll cost.
• Incentives: The federal solar investment tax credit currently lets you lower your taxes by 30% of the project cost. Your state and even local utility companies may also have incentives and rebates that you can benefit from. Plus, you can save about $20,000 over 20 years on your utility bills, without incentives.
• The cost of electricity in your area: If your local power rates are quite high, there's a better chance you'll have a higher return on your investment in a solar system. In Texas, you can save an average of $109 a month on your electricity bills.

Though a solar panel system costs a sizable chunk of money upfront, it can save you thousands of dollars over the lifespan of your panels. The question of how much, though, depends on several factors, including the angle of your roof and incentives.

Solar Incentives in Texas

Since solar power is more sustainable than traditional energy sources, there are quite a few government incentives available to encourage its adoption. These incentives typically take the form of cash rebates, tax benefits and/or solar renewable energy credits. They can reduce how much you pay for installing solar panels by 30%, upwards of 50% depending on your location. In our article on solar incentives, you can read about the incentives you qualify for in your area.

Environmental Impact of Switching to Solar in Texas

One reason so many are thinking of going solar is to help bring down their environmental impact. But — how much exactly can you help by using solar power? If your family uses lots of energy, you can have an even greater impact on the planet by switching to solar power. Since solar panels don't release carbon dioxide emissions into the atmosphere when creating electricity, they're a good swap for traditional energy sources. In fact, you could expect to reduce your carbon dioxide emissions by about 100 pounds each year. The great things about solar power are infinite — just like solar power is! That's why so many homeowners have been happy with committing to solar.