No Cost Solar Panels Texas

Our lowest monthly financing bills are 4 99 for 20 years with no money down.

No cost solar panels texas.

While texas doesn t have a statewide solar tax credit or solar rebate program many utilities large and small and local governments offer incentives to homeowners who want to go solar. These offers entice people with a no cost way to go solar. Regardless of the exact cost of installation there are many affordable financing options for solar panel systems. The cost of not installing solar in texas the average homeowner in texas is paying about 129 per month or 1 548 per year for electricity right now.

Solar panel cost in texas. Texas solar rebate programs. This is 2 60 per watt. That money goes straight from your pocket to the utility company.

Texas is one of the best states in the country if you want to go solar but only if you re rich enough. Texas launches no upfront cost solar program for middle class homeowners. A solar payback period is the amount of time it takes for property owners who install solar panels to recover their initial investment through electricity savings. Due to the steep upfront costs of around 32 000 in cash only those upper income families can afford to install solar arrays.

But when you examine the contracts they heavily favor the solar installer over the 25 year life of the system. This article explains the economics behind leases and ppas to show how the offer of free solar panels ultimately costs the end user money in the long run. I sell solar panels in central texas. February 26 2017 by timothy e.

The average cost for an installed residential solar system in texas is currently 11 557 after claiming the 26 federal solar tax credit. If you live in austin you can get a rebate of 2 500. Plus you re eligible for austin energy s value of solar tariff which pays you 0 097 for every kilowatt hour kwh your solar panels can generate. This combination is usually enough to allow you to finance your own panels at a price lower than your electric bills.

In texas the average solar payback period is 12 57 years.