16 Best Solar Companies in Dripping Springs, TX (Oct 2022 Review)

The Cost and Benefits of Solar in Dripping Springs

For the majority of homeowners, whether or not to invest in solar panels comes down to the cost. The cost and possible savings vary depending on a few important factors such as:

• The make and model of solar panels you're thinking of getting: Higher-efficiency panels are more expensive, so that will influence your budget for your solar project.
• Electricity consumption: The average household in Dripping Springs uses a lot of energy, and therefore may see more savings on electricity bills than other places.
• Incentives: Those who purchase and install a solar system this year can save 30% of their solar installation costs by taking advantage of the federal solar investment tax credit. You can also save about $18,000 on your utility bills over 20 years not including incentives.
• The amount of sunlight your rooftop gets: Because of Dripping Springs' very high amount of average daily sunlight, you should be able to save a lot on your power bills.

As a result of the cost of solar panels being lower than before as well as local and federal solar incentives, they are a sound investment for many homeowners.

Solar Incentives in Dripping Springs

To increase solar panel installation and usage, federal and local governments — and even some utility companies — offer incentives to help make solar more economical and accessible. These incentives typically consist of cash rebates, tax breaks and/or solar renewable energy credits. They can lower how much you end up spending on installing solar panels by 26 to 50% in some cases. Check out the table below to find out what incentives are available to you.

Environmental Impact of Switching to Solar in Dripping Springs

Swapping traditional energy for solar is a good way to do what you can for a more sustainable future. A question many homeowners might have in mind is how much can they really help protect the environment by going solar anyway? In a city like Dripping Springs where energy use is particularly high, installing solar panels is a great plan for people who care about the planet. Because solar panels don't release CO2 emissions into the atmosphere when producing electricity, they're a good trade for nonrenewable energy sources. In fact, you could reduce your carbon dioxide emissions by about 80 pounds each year. As you can see, trading traditional energy for solar has so many other rewards outside of saving money. One of the main ones is that you can help save the planet too.