Have you pondered ever why people are installing solar panels? Apart from a renewable source of energy, solar panels help people to protect themselves against unpredictable increases in utility prices and use cheap electricity throughout the year. By installing high quality and technologically advanced solar energy systems, you get a number of benefits such as save your hard earned money, earn a tax credit, improve your homes' value, save the environment, enjoy energy security and decrease your energy reliance.
What are solar panels?
A solar panel can be defined as a device, which is tailored to absorb the sun's rays and convert them into electricity. Made up of employing crystalline silicon solar cells, the solar panels are durable and their wear out is extremely slow. It is believed that their effectiveness decreases only approximately 1 to 2% or even lesser in a year. So, your Residential solar panel installation company in Texas ensures that your panels perform extremely well for years even without wear and tear.
How to qualify for the 30% federal tax credit?
Also known as the investment tax credit (ITC), the federal solar tax credit, which is applied to both residential and commercial solar energy systems, allows USA residents to deduct 30% of the cost of installing a solar power system from their federal taxes. The 30% tax credit is available from 2016 to 2019, so it is a great opportunity for people seeking out Residential solar panels in Texas. From 2022 onwards, the credit will reach up to 10% for commercial users, while there would be no federal credit for residential solar energy systems.
Requirements to meet for qualifying 30% federal solar tax credit
- Install your systems by December 31, 2019
- Homeowners can only apply as renters are excluded
- The investment tax credit must be sufficient to qualify for the 30% tax credit
- The applicants must own the solar panels
Is solar panel Installation worth in Texas?
Yes, it is worth. Unlike other states of the US, the state of Texas usually receives 6 to 8 hours sunlight on a daily basis. That could be sufficient enough to generate an enormous amount of electricity for a household or a commercial setup. Apart from saving the environment from the emission of harmful gases, it is a cost-effective option as well. The electricity price in Texas is usually 0.11 per kW, which is 9% more than other states.
Best cities in Texas for solar panel Installation and why?
Whether you are looking for commercial solar panel service in Texas or residential solar panel service in Texas, the first thing you need to do is search a reputed and known solar panel installation company in Texas. It will have trained solar panel installers and technicians. They will examine your space before guiding you for further installation. Some of the popular cities of Texas are perfect to install solar power systems such as San Antonio, Dallas and Fort Worth.
Apart from sufficient exposure to sunlight round the year, the electricity cost of these cities is much higher. Federal and state agencies are also encouraging people to go solar by giving tax credits, loan options, etc. among others.
Solar Panel Installation Company in Texas
There are many companies offering professional solar installation services, but Thompson and Son Energy is one of the best in the area in terms of service, cost, and skills. The company with many in-house trained technicians and the latest equipment guarantees to make solar energy accessible to every home and business at affordable prices. Just call to get the appropriate suggestions and tailored quotation.
Every 24 hours, enough sunlight touches the Earth to provide the energy for the entire planet for 24 years.
- MARTHA MAEDA
