14 Best Solar Companies in Victoria, TX (Jan 2023 Review)

The Cost and Benefits of Solar in Victoria

For many people considering switching to solar, the decision of which solar installer to choose depends on prices. The cost of solar and the savings it generates vary depending on a few key factors such as:

• Energy consumption: Installing solar panels may be a high-cost investment for homes that don't consume a good amount of energy each month.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you receive a tax credit curretnly 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. Excluding incentives, you can save an average of $19,000 over 20 years with your solar system, too.
• Your home's orientation toward the sun: This, plus the configuration of your roof, affects affect how much energy your solar panels can generate.
• System size and type: Some models are more expensive than others, so the one you choose can raise or lower your initial investment. Plus, the more solar panels you need to buy, the more it'll cost.

Even though a solar panel system costs a decent chunk of money upfront, it can save you a considerable amount over time. The question of how much, though, depends on several factors, including the size of your solar panel system and incentives.

Solar Incentives in Victoria

Adopting solar power has many considerable benefits. Not only can it help protect the planet, but you can also save a good amount of money on your installation with various government incentives. No matter 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 when you file taxes, reducing the amount of taxes you owe that year. Plus, there may be some local incentives that stack with the ITC too. Check out our article on solar incentives to see what incentives you can take advantage of.

Environmental Impact of Switching to Solar in Victoria

There are a few important reasons why homeowners want to invest in solar energy: for the good of their bank accounts and the planet. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Victoria, though. The more energy your house uses, the the more the environment will benefit if you switch to solar as you won't need to use as much nonrenewable energy. Although solar panel production releases carbon dioxide emissions, the panels make up for it by significantly lowering the amount of CO2 you would have been responsible for if you still used nonrenewable energy. In Victoria, you can reduce your carbon footprint by 80 pounds a year with solar panels. Since solar energy is abundant and makes electricity without releasing carbon emissions, installing solar panels is one easy step you can take to help the environment.