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{"id":928,"date":"2022-01-03T16:59:52","date_gmt":"2022-01-03T16:59:52","guid":{"rendered":"https:\/\/wgsi.org\/?p=928"},"modified":"2022-01-10T22:26:35","modified_gmt":"2022-01-10T22:26:35","slug":"solar-panels-laredo-texas","status":"publish","type":"post","link":"https:\/\/wgsi.org\/solar-installation\/solar-panels-laredo-texas\/","title":{"rendered":"Solar Panels in Laredo TX"},"content":{"rendered":"\n
What is the Cost of Solar Power in Laredo?<\/strong><\/h2>\n\n\n\n
As of December 2021, the average price for installing a solar system runs up about $2.39 – $2.93 per watt. This would make the average solar system in Laredo, Texas cost about $13,900 (https:\/\/www.energysage.com). With the 26% federal solar tax credit applied, the typical residential solar system size, 6000 watt (6 kW) will only cost around $11,807 (https:\/\/www.solarreviews.com). This is only with the national tax benefit, there are other incentives and bonuses that can be applied to further lower the final cost of the system. There are also solar power specific loans that can be applied to further lessen the financial burden.<\/p>\n\n\n\n
What are the Benefits of Going Solar?<\/strong><\/h2>\n\n\n\n
There are many benefits to going solar, even other than for purely environmental reasons. <\/p>\n\n\n\n
Texas is ranked as one of the sunniest states in the U.S., making it a perfect candidate for solar power. <\/li>
Residential electric bills in Texas are around 20% higher than the national average, solar power cuts these costs immensely when switching to it long term.<\/li>
The average price for solar power has dropped by 45% in the last 5 years, making it increasingly more affordable for prospective buyers. <\/li>
Texas is also the leading producer of CO2 in the U.S. <\/li><\/ul>\n\n\n\n
Although Texas does not offer many statewide legalized initiatives for residents switching to solar power, private solar power companies still offer bonuses, rebates, and other incentives. <\/p>\n\n\n\n
TXU Energy Renewable Buyback Plan – for any excess solar power generated by your panels and not used by your home, it is credited in your bill. However, you must live in a service area. <\/li>
Solar Energy System Property Tax Exemption – in accordance with Texas law, you are offered 100 percent property tax exemption on the solar panels, so your home property tax won\u2019t go up.<\/li>
Local Utility Company Solar Rebates – you may be eligible for a cash incentive of $2,500 to $8,500 for the kW of solar power, if you are a customer of American Electric Power (AEP) Texas, Austin Energy, CPS Energy,11 or Oncor residential. The incentive amount varies by electric provider, solar system size, location, and income.<\/li>
Federal Solar Investment Tax Credit (ITC) – if you install solar power to your home, you qualify for the national 26% federal tax credit.<\/li><\/ul>\n\n\n\n
How Do I Get Solar Panels Installed in Laredo?<\/strong><\/h2>\n\n\n\n