13 Best Solar Companies in Hillsboro, TX (Jan 2023 Review)

The Cost and Benefits of Solar in Hillsboro

Although solar panels can save you a decent chunk of change on power bills over time, it's necessary to know the upfront costs. The cost and possible savings vary depending on a few key factors such as:

• The amount of sunlight your house gets: Due to Hillsboro's very high amount of average daily sunlight, you should be able to save a lot on your power bills.
• System size and type: Some models are more expensive than others, so the one you get can raise or lower your initial investment. Plus, the more solar panels you need to get, the more it'll cost.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which gives you a tax credit currently worth 30% of your overall installation cost, your local government may offer additional tax exemptions, credits or rebates that can help you save even more. Aside from incentives, you can save an average of $18,000 over 20 years with your system, too.
• How much power your household needs: If your family uses a lot of energy, you'll reap more rewards from installing solar panels.

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, like the kind of solar panels you get and your current power bills.

Solar Incentives in Hillsboro

If you're considering switching to solar energy, various government incentives and state programs can drastically reduce the cost of the project and expedite the return on your investment. Regardless of what state you live in, you can take advantage of the federal Solar Investment Tax Credit (ITC), which will let you claim 30% of how much your solar project cost on your tax return, lowering the amount of taxes you owe that year. In addition, there may be some state and city incentives that stack with the ITC too. Take a look at our article on solar incentives to find out what incentives are available to you.

Environmental Impact of Switching to Solar in Hillsboro

Going solar can have a meaningful impact on the environment. But — how much exactly can you help by using solar power? In a city like Hillsboro where energy use is particularly high, installing solar panels is a good idea for those who are eco-conscious. Although solar panel manufacturing emits carbon dioxide, the panels make up for it by greatly reducing the amount of CO2 you would have produced if you still used nonrenewable energy. In Hillsboro, you can reduce your carbon footprint by 80 pounds a year with solar panels. As you can see, investing in solar has so many other perks besides saving money. One of the major ones is that you can help save the environment too.