Benefits Of Solar Energy
A Great Resource
At David Aldrete @ Solar Vine Energy, we spend a lot of our time updating our Resources & Tips Section. Here you will find resources that will help you make an informed decision if solar is right for your needs.
Compelling Reasons You Should Go Solar
1.Solar energy benefits the environment.
Solar is a clean source of energy, the pollution it creates is way lesser than other energy sources. It doesn't produce greenhouse gasses and other harmful emissions which hurt Mother Nature.
2. Solar energy helps you save money.
If you look at the cost of a solar panel system, it appears contradicting at first. But in the long run, it will save you a ton of money because you won't be paying for electricity. It is a sound investment because it adds value to your property, and in Texas your property taxes can't go up because of an exemption from the Texas Tax Code.
3. With solar energy you own your power not rent it.
With electricity they can raise prices at any time, but you won't be affected with solar.
4. Solar energy is the future.
Going solar will put you ahead of the curve. Like everything else solar is going to go up so get in before that happens.
Increase Property Value
Getting solar installed on your home or business will increase the value of your property without raising your taxes, and this is how.
The Texas Property Tax Code allows 100% exemption on the increased value of your property by adding solar energy. Read the link below for more information.
Average Savings: Solar vs Electricity
The Average Household Can Save $50,000 By Going Solar
Let’s say the average electric customer spends $150 a month on their power bill, and the average kilowatt hours per month is 1250. Over the period of 25 years that really adds up. By going solar you can save money with tax credits from the Federal Government, rebates, and on your monthly bill.
To be able to generate the power needed to for your home, the average cost would be approximately $37,000.
The government has a 26% tax credit for your entire solar system.
Here is the simple math showing you how to save money by going solar.
$150 X 12 months = $1800 a year
$1800 X 25 years = $45,000 add a modest 3.5% increase over 25 years = $78,000
$37,000 X 26% ( tax credit )= $9,620
$37,000 - $9,620 = $27,380 ( apply tax credits )
$78,000 ( electricity for next 25 years ) - $27,380 ( total solar cost ) Â =$50,620 (savings)
FAQ's About Solar
Do solar panels add value to a house in Texas?
Solar panels are typically seen as a valuable addition to a home. According to a Lawrence Berkeley National Laboratory study, a properly installed solar system could increase the property value by as much as $15,000. However, if not installed properly, solar panels could decrease the home’s value.
How much can you save with solar panels in Texas?
The average household in Texas spends about $1,801 a year on electricity, but that number can be decreased by up to $960 a year with solar panels.
Can you get solar for free in Texas?
Unfortunately, you can’t get free solar panels in Texas. Still, many programs are available that allow you to get solar panels installed for free or at a significantly discounted rate. Some of these programs are offered through the state government, while utility companies provide others.
Can you sell electricity back to the grid in Texas?
If you have a renewable energy source (solar panels, etc.), you may be able to sell the excess electricity that you generate back to the grid. In deregulated electricity markets like Texas, you can choose your electricity provider. This means that you may have the option to sell electricity back to the grid if your provider offers this option (net metering).
How long do solar panels last in Texas?
Most manufacturers provide a 25-year warranty on their panels. However, the actual lifespan of a solar panel depends on many factors, including the quality of the panel and the amount of sunlight it receives. Generally, solar panels last less in extreme conditions, be it extreme heat or cold. So are solar panels worth it in Texas heat? You can expect them to last up to 30 years in Texas (even longer with proper maintenance).