Solar Opportunities - Texas

Solar Offerings and Incentives

All across Texas, it is possible to find a qualified contractor to install rooftop solar on homes and businesses. Depending on where you live, you may be eligible for a limited time offer of discounted purchase prices or may be able to purchase solar power without actually installing the equipment on your property.  These community or shared solar opportunities are listed below.  Of course, you can always install solar on your home by hiring a qualified solar installer, even if you don’t live in one of these program areas.  If so, dont forget to claim the available state and federal tax incentives.

State and Local Incentives

Renewable Energy Systems Property Tax Exemption

Texas exempts the increased property value arising from installing residential solar energy systems from property taxes. The exemption applies to solar space heat, solar water heat, photovoltaic systems, passive solar space heat, solar thermal electric, and solar thermal process heat. More information can be found here.

Property-Assessed Clean Energy (PACE) Financing- Local Option

In Texas, the state has authorized municipalities to offer PACE financing. This program allows property owners to borrow money to pay for clean energy systems. This program is a local option, so check with your local government to find out if it is available in your town. For eligibility requirements and more information can be found here.

Federal Residential Renewable Energy Tax Credit

A federal-level investment tax credit (ITC) is now available to consumers wanting to purchase small wind turbines, solar panels, or geothermal heat pumps.  The ITC, written into law through the Emergency Economic Stabilization Act of 2008, is available for equipment installed from Oct. 3, 2008 through Dec. 31, 2016. The credit covers 30% of the equipment cost, though some technologies have a credit cap of $2000. More details and a complete list of eligible technologies can be found here.

Local programs

Solarize Texas

Solarize Texas offers bulk discount pricing, access to affordable financing, and streamlined installations for the residents of solarize towns. Solarize Texas makes going solar easy by allowing each town to competitively choose an installer. Homeowners can get a free, no obligation site consultation to see if their residence qualifies. Check the list of towns below to see if your town is a Solarize town.

Eligibility: Must be resident of Solarize town/location

 

Town/Location

Stage of Project

Gillespie County

TBD

Fort-Worth

TBD

McKinney

TBD

Kyle

Planning Stages

 New Solarize programs may be offered in other towns in 2015.  If interested, check back in the spring for additional information.

Austin Community Solar Project

Description: This is community solar project in Austin will come on line in 2015. Check the website for more information.

Eligibility: Austin Energy customer

More information can be found here.