Bringing Clean Energy to Dallas
With lower-than-average solar costs and some of the strongest sunshine available, the Lone Star State is perfect for homeowners who want to save on their monthly utility bills.
Texas is the heart of our nation’s energy industry and plays a big role in the electric industry. With a considerable amount of solar installations completed in the state to date, solar is only a small portion of the state’s energy total. With attractive solar incentives and rebate programs, going solar is easier than ever.
Solar Benefits in Dallas
Solar Incentives & Rebates in Dallas
Everything’s bigger in Texas and solar benefits are no exception! Texas is ranked as a top 10 state for solar according to the Solar Energy Industries Association with its strong sunshine and affordable solar costs. Here’s why going solar in Dallas is a smart financial investment for your home and your wallet:
Federal Solar Tax Credit
The cost of your solar photovoltaic (PV) energy system can be reduced by 26% with the Investment Tax Credit (ITC). This credit only applies to homeowners who purchase their solar system outright (with cash or a solar loan).
If you’re a CPS Energy customer, you’re eligible to receive up to $1.20/W of solar panels on your roof. As more solar is installed, the incentive value drops.
While there isn’t a statewide net metering policy in Texas, many utilities in the state have policies that credit residents with solar systems for the excess energy produced from their solar panels. When the panels aren’t producing enough electricity to power your home (at night or on cloudy days, for example), residents can use their net metering credits instead of paying their utility company for electricity.
Property Tax Exemption
Another financial benefit of solar is the increased financial value of your home. Usually higher home values translate to higher property taxes. However, Texas has a renewable energy property tax exemption so residents don’t have to pay extra taxes on their solar system.
Solar Rights Law
In neighborhoods with a homeowner’s association (HOA), many times residents are worried about regulations that prevent you from being able to install solar panels on your roof. The solar rights law in Texas prevents HOAs from banning any solar energy systems on residents’ homes.
Flexible Options are Available So You Can Start Saving From Day 1
The Quickest Path To Solar
When you purchase solar outright, you have complete access to federal, state, and local solar initiatives, where available.
Own Your System With Payments
Your system is purchased outright and you make payments on your loan.
No Up-Front Cost & Easy Approval
Leasing your system typically offers immediate utility savings and leads to increased savings over time as traditional energy costs rise.