17 Best Solar Companies in Travis Ranch, TX (Sep 2022 Review)

The Cost and Benefits of Solar in Travis Ranch

The cost of installing a solar panel system has dropped significantly in the past few years, but it's still a substantial investment for most homeowners. There are a few factors you should consider when trying to determine how much it will cost and how much you can save, 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 state or local government may offer additional tax exemptions, credits or rebates that can help you save even more. Not including incentives, you can save an average of $19,000 over the first 20 years with your system, too.
• How much sunlight your roof gets: If your roof doesn't see much direct sunlight, your solar panel system won't be able to produce as much energy, which will give you lower savings on electricity bills than a house with a roof that gets plenty of sunlight.
• average energy usage: The more energy your household consumes on average and the steeper your current energy bills are, the more likely you'll benefit from going solar.
• Choice of solar panels: The type of solar panels you need will affect your total cost. High-efficiency monocrystalline panels are more expensive upfront but can also save you more money over the lifetime of your system. If space isn't a constraint for your project, you can go with a higher number of more affordable panels.

Even though a solar panel system costs a decent chunk of money upfront, it can save you thousands of dollars in the long term. The question of how much, though, depends on several factors, like the amount of daily direct sunlight available and your energy consumption.

Solar Incentives in Travis Ranch

Since solar power is more sustainable than burning fossil fuels, there are various government incentives in place to encourage people to make the switch. On top of the federal tax credit incentive, there are also some state- and city-level incentives, which in most cases, can be claimed in addition to the federal incentive, so you get to save even more. For detailed information about incentives that apply to you, check out the table below.

Environmental Impact of Switching to Solar in Travis Ranch

An important reason so many are considering adopting solar energy is to help bring down their environmental impact. You may be asking yourself — how much does going solar do for the environment anyway? In a city like Travis Ranch where energy use is particularly high, installing solar panels is a great plan for homeowners who want to do their part for the environment. If you go solar, your carbon dioxide emissions can be reduced by about 80 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.