11 Best Solar Companies in Highlands, TX (Oct 2022 Review)

The Cost and Benefits of Solar in Highlands

When picking a solar company, most homeowners or business owners worry about the costs above all. The cost and possible savings vary depending on a few important factors such as:

• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which gives you a tax credit currently worth 30% of your total installation cost, your local government may offer additional tax exemptions, credits or rebates that will help you save even more. Not including incentives, you can save an average of $19,000 over the first 20 years with your solar system, too.
• The kind of solar panels you want: Some are more highly priced, so that will affect your budget for your solar project.
• Average daily sunlight: Since Highlands gets lots of sunlight, your solar panel system will most likely be able to produce enough energy to power your whole home, which influences how much your electricity bills will be.
• Energy consumption: Installing a solar system may be too steep of an investment for homes that don't consume a lot of energy each month.

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

Solar Incentives in Highlands

Although solar power is typically a big investment, it can save you much money over time because of smaller utility bills and government incentives. Regardless of what state you live in, you can take advantage of the federal Solar Investment Tax Credit (ITC), which allows you to claim 30% of your project costs when you file taxes, reducing the amount of taxes you owe that year. Plus, there may be some state and city incentives you can benefit from too. For more information about incentives that apply to you, see the table below.

Environmental Impact of Switching to Solar in Highlands

One of the reasons so many homeowners consider adopting solar energy is to help lower their environmental impact. You may be wondering — how much do solar panels do for the environment anyway? Your energy usage is a significant factor to consider. The more power your household consumes, the greater your impact when you switch to solar energy. In fact, if you install solar panels, you could look forward to lowering your carbon dioxide emissions by about 80 pounds each year. Since solar energy is plentiful and generates electricity without free from carbon dioxide emissions, adding solar panels to your home is one easy step you can take to help preserve the planet.