Home Solar Panels Houston Tx

After accounting for the 26 federal investment tax credit itc and other state and local solar incentives the net price you ll pay for solar can fall by thousands of dollars.

Home solar panels houston tx.

The cost of solar panels in houston in 2018. To know how much solar panels will cost for your home you first need to know your energy usage. As of sep 2020 the average cost of solar panels in houston is 2 49 per watt making a typical 6000 watt 6 kw solar system 11 063 after claiming the 26 federal solar tax credit now available. However all texas homeowners and business owners who install solar panels are eligible for the solar investment tax credit.

This credit is offered by the irs. Step 3 calculate the number of solar panel required for the houston home kit you need. Houston solar panel tax credits the state of texas does not have a state income tax and therefore does not offer a state credit. Here s our guide to the ins and outs of going solar in houston texas.

Example 18 kwh 4 7 average sun hours 3 8 kw ac houston home solar panel kit. However the tax credit is set to step down to 22 at the end of 2020. You re probably using reliant energy as your utility. The combination of reliant energy s net metering plan and the high average electricity usage makes solar an excellent investment in houston.

The most significant incentive to install solar panels in houston is the 26 federal tax credit. The average houston home needs about 11 500 kilowatt hours kwh per year and spends about 1 200 on electricity bills. Given a solar panel system size of 5 kilowatts kw an average solar installation in houston tx ranges in cost from 11 815 to 15 985 with the average gross price for solar in houston tx coming in at 13 900. 3 8 kw x 1000 3 830 watts needed to produce.