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Solar Energy Savings for Texas Homeowners in 2022

Your Quick Guide to Saving Money From Your Energy Bill


Accurate Roof Systems installs solar panels on a home in Tyler, Texas. AccurateRoofSystems.com

Solar energy is a growing industry in the United States. In 2019, the solar industry employed 242,000 people, with installation, manufacturing, and project development jobs. The cost of solar energy has also dropped dramatically in recent years, making it more accessible to homeowners. In fact, according to the Solar Energy Industries Association, the cost of installed residential solar systems has fallen by 50% since 2010.


For homeowners in Texas, these trends mean significant savings on energy bills. In 2022, the state mandates that all utility companies offer a solar rebate to customers who install solar panels. This rebate will be in addition to the existing federal solar tax credit, which covers 30% of the cost of a solar system. Combined, these two incentives could cover quite a bit of the cost of going solar.


What Does This Mean for Homeowners?


For homeowners considering solar, this is excellent news. With such high savings on the upfront installation cost, there is a perfect chance that your solar panels will pay for themselves within just a few years. After that, you'll be generating free electricity for decades to come.


If you're considering selling your home in the next few years, installing solar panels can also be a great option. Studies have shown that homes with solar panels sell 20% faster and for 17% more money than homes without them. So not only will you save on your energy bills while living in the house, but you're likely to get a significant return on investment when you sell.


If you're considering going solar, now is an excellent time to do it. Thanks to falling prices and new rebates, you can save thousands of dollars on the upfront cost of installation. And if you're planning on selling your home in the next few years, installing solar can also help you maximize your profits. Solar is a wise investment for any Texas homeowner.


Accurate Roof Systems can install solar for you in most areas throughout Texas. You can go to AccurateRoofSystems.com/solar or call Accurate Roof Systems at 903-894-6418 to schedule a free inspection and quote for going solar based on your usage.



 


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