TEXAS SOLAR INCENTIVES
Texas Solar Tax Credits, Rebates, & Net Metering!
Texas Solar Incentives, Rebates, & Tax Credits
There’s no statewide Texas solar tax credit. However, there are many city-based and utility-based solar incentives that can apply to some Texan solar power systems.
For example, Austin Energy offers residents of Austin a solar rebate up to $2,500. Austin residents are also eligible for Austin Energy’s Value of Solar Tariff, which pays $0.097 for every kilowatt-hour generated by your solar panels.
If you’re a CPS Energy customer, you may be eligible to receive up to $1.20 per Watt of solar panels that you install on your roof. There are also opportunities for solar rebates through Guadalupe Valley Electric Cooperative, Garland Power and Light, and City of Sunset Valley.
Local Solar Rebates
Net Metering
Tax Exemptions
Federal Tax Credit
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In addition to the design and installation of solar energy systems, there is a great deal of paperwork involved in getting your system ready for start-up. Our Client Services team manages this process so that you can sit back and relax.
INCENTIVES FOR GOING SOLAR IN TEXAS
MOXIE has locations in Austin, Dallas, and San Antonio!
Texas Solar Laws
In addition to local Texas solar rebates, there are a couple important Texas solar laws that lowers the cost of installing solar in Texas. All these incentives are a major reason why there has already been over 4,606 megawatts (MW) of solar energy installed in Texas.
Texas Solar Tax Benefits
Even though the state of Texas doesn’t offer solar tax credits or sales tax exemption, there are a couple important tax benefits to installing solar in Texas.
Texas Net Metering
Just like with Texas solar tax credits, there is no statewide net metering program currently in Texas. However, there are many Texas utility companies that offer a credit to solar panel system owners for each unit of energy their panels produce. You earn these credits when your panels produce more energy than you end up using. If you ever find you need more energy than your panels are producing, you can use those credits instead of paying the utility company. Some utilities with net metering policies include CPS Energy, El Paso Electric, the City of Brenham, and Green Mountain Energy.
Renewable Energy Property Tax Exemption
This benefit ensures that any new solar energy system installed in Texas is exempt from being part of your property tax assessment value – forever. Even though your home value may increase when you add solar, you won’t be paying for it in taxes. Obviously, this helps you to recoup the cost of your system even quicker.
Texas Solar Rights Law
Texas has a statewide solar rights law that prevents Homeowner Owner’s Associations (HOA) from blocking your home solar panel installation.