Solar Power in Houston
Cheap Solar Houston TX Solar Policies and Incentives Unfortunately, Houston offers very little in the realm of incentives, tax rebates, and credits. If you install solar panels in your home, you are eligible for the federal tax credit of 30 percent, which is nothing to sneeze at. Keep this in mind when talking with installers about your costs, as an eye-boggling quote will actually be 30 percent less than it appears. The good news? So long as you have equity on your home, you can take out a lease that will actually give you a better return on investment than buying the equipment outright. The reason for this advantage is because using a loan to install solar panels is essentially the same as investing in a business (your own electricity generating business) that is guaranteed to succeed, earn you that nice 30 percent tax credit, and increase the value of your home. The loan allows you to pay over time, but you’ll reap all the money-saving benefits of solar energy now. The decre...