18 Best Solar Companies in Horseshoe Bay, TX (Feb 2023 Review)

The Cost and Benefits of Solar in Horseshoe Bay

Solar panels are powered by a free energy source — the sun — but to take advantage of this you first need to pay to set up your system. Some main factors that affect the cost of installing solar panels on your home and how much money you could save over time are:

• The type and model of solar panels you want to get: More efficient models have higher prices, so that will affect your budget for your solar project.
• Incentives: The federal solar investment tax credit currently allows you to decrease your taxes by 30% of the project cost. Your state and city may also have various incentives that you can use. In addition, you can save about $19,000 over 20 years on your utility bills, before factoring in incentives.
• Your home's power bills: Due to very high monthly power bills in Horseshoe Bay, you could save about $1,500 a year with solar.
• How much sunlight your roof gets: If your rooftop doesn't see much direct sunlight, your solar panels won't be able to make as much energy, which will give you lower savings on power bills than a house with a roof that gets plenty of sunlight.

Even though a solar panel system costs a good chunk of money upfront, it can save you thousands of dollars in the long term. The question of how much, though, depends on a number of factors, including the kind of solar panels you get and your energy consumption.

Solar Incentives in Horseshoe Bay

One of the benefits of installing a solar panel system is receiving government incentives. On top of the federal tax credit incentive, there are also some state- and city-level incentives, which in the majority of cases, stack with the federal incentive, so you get to save even more. You can find out about the incentives you can take advantage of in our article on solar incentives

Environmental Impact of Switching to Solar in Horseshoe Bay

There are a few primary reasons why people are considering solar energy: for the good of their bank accounts and the planet. You may be trying to figure out — how much does making the switch help the environment anyway? No matter where you are, you can help save the planet by switching to solar energy, but homes that use lots of energy will have a greater impact. Although solar panel production emits carbon dioxide, the panels make up for it by greatly reducing the amount of CO2 you would have been responsible for if you still used nonrenewable energy. In Horseshoe Bay, you can reduce your carbon footprint by 80 pounds a year with solar panels. If you care about the environment, you'll most likely get that there are many good things about adopting solar power other than just saving money on bills. You can also help protect the environment, which some would argue is priceless.