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We can save a lot of money with solar panels.

They help us save energy and reduce our electricity bills. It may not sound much to you, but the electricity bill can be high in states such as Texas, where ACs are on 24/7. So, any deduction is more than welcome. However, besides saving money with solar panels, one can also generate a certain income with them. And, people around Texas, as well as around other states, are starting to take advantage of this. You can do the same! Whether you have a solar installation on your residential or commercial property, you can earn that extra income by selling solar power in Texas. 

Net-Metering As a Way of Selling Solar Power in Texas

If you own solar panels in Texas, either for business or for private purposes, there is a way for you to earn extra income by using net metering. When your solar panels create more energy than you can use, excess energy can be transferred to the electricity grid. Of course, to do this, the owner of solar panels in Texas must first get authorization from the utility company. If they do, a bi-directional meter will be attached to the main switchboard and keep track of all the energy you are exporting.

Keep in mind that laws about net-metering are different from state to state. This means that compensation depends on your location. Moreover, in some states, you will be added to the net-metering automatically, that is, as soon as you inform the utility company that you are using solar energy. Still, in others, you will have to get approved for this. 

How Are You Compensated?

When the sun is bright outside, your solar panels will generate a ton of electricity. You will use some for yourself and export the rest to the grid. However, exporting your energy does not mean you are giving it for free. Utility companies will compensate you for the energy you give them. For instance, when the sun is not shining because of bad weather conditions or at night, you can draw that same energy from the grid without paying. So, in a way, net-metering is used for saving you money, not helping you earn it. But, not having to pay your electricity bill is still a good compensation.

Net-metering systems vary from state to state. Thus, how much money you will be able to save with solar panels largely depends on the state (and the city) you are in. In Texas, for example, you will get compensation at a wholesale rate, while in others, solar panels and the energy they produce and export are assigned a completely different value.

Solar Renewable Energy Certificate or SREC

Net-metering is a money-saving solution available to all solar panel owners. But, what about money-earning solutions? 

If you want to earn money with your solar panels in Texas, you should get SREC or a solar renewable energy certificate. This certificate allows you to sell your excess energy. But, of course, you can’t sell just one watt. You have to create more than 1,000 kW-h or 1 megawatt-h. So, this SREC incentive applies only to ‘big’ solar power owners and people who live in sunny places like Texas. 

However, unlike net-metering, which is possible in all USA states, earning money from SREC is not. For instance, it is not possible in Florida – a state that has a highly developed solar system. This is rather unfortunate for Floridians who have almost 360 days of summer and, thus, a possibility to earn a lot with their solar panels. 

But, if your dream is to utilize your solar panels for profit, you can always hire professional movers and have those panels relocated from Florida to Texas. If you decide, with their help, you can even leave Florida to start over in Texas too! You can move to Texas from any other state and start earning extra income by selling solar power here. 

How Much Can You Earn Selling SREC? 

The value of one SREC is determined by the SREC market, which, in turn, is based on supply and demand. This means that states that produce a lot of solar energy and have a lot of SRECs will price them lower. For example, the price of SREC in Texas is approximately $230.67MW/h. This is its current price, but like with all other currencies, this price may change at any minute. 

The amount of 230$ may seem like a good deal, but your solar panels will have to ‘work’ for weeks or even months to generate those 1,000kW or 1 megawatt needed for just one SREC. So, from a financial point of view, you cannot earn a lot of money with this method. But, you can save a lot of money in the long run, and more importantly, you will help protect the planet and thus, gain a ton of Texas solar energy incentives. And, we can all agree that saving our planet is more important than earning extra income by selling solar power in Texas.

Selling Solar Power in Texas Explained

As you have seen, there are two methods for earning extra income by selling solar power in Texas. The first one is net-metering – perfect for those who want to save some money on their electricity bills. The second one is Solar Renewable Energy Certificate or SREC – perfect for those who live in sun-covered states and have big solar systems on their residential or commercial properties, as SREC allows them to turn their extra energy into profit. But, as we have explained, with solar panels in Texas, you can save a lot, but you cannot earn a lot. However, the government has announced many new incentives for solar panel owners, so they may help you make some more money in the future.

The cost of electricity is one of the highest that business owners face.

Commercial power grid is expensive because price fluctuations are common. As a company, you always have to manage your expenses, and not knowing the exact price of the electric bill can cause problems. If you are looking for ways to lessen electricity consumption, you should consider installing solar panels. South Texas solar systems are of the highest quality. With that in mind, let’s see how businesses can benefit from solar panel installation.

Why should your company start using solar energy?

When it comes to the biggest trends in America, solar power panels are at the top of the list. This alternative energy source is the primary choice of many large companies like Walmart or Intel. Even though it might seem that commercial solar panels are not an affordable solution for small businesses, it is actually a huge long-term investment.

The good news is that the prices of solar panels actually went down a bit. Best solar companies in Texas recognize the need for this cheap energy source, and they want to make sure everyone can install solar panels if they want to.

Advantages of commercial solar panels

Solar power provides a lot of benefits for businesses. The three main advantages are:

  • the option to use renewable energy;
  • lower electricity costs;
  • business tax reduction on solar panel projects;

Many companies are already using solar panels all across the United States. Even when moving to another city or a state, businesses are looking for locations with high exposure to the Sun, only to continue using solar energy. We spoke with the pros at State to State Move and discovered that the number of company relocations that include moving solar panels doubled in the past few years. That tells a lot about how serious US companies are about going green.

Going green attracts more clients

One of the benefits of using solar energy at your company is that your customers will recognize the efforts to run an eco-friendly business. Green companies attract more clients, and that is just good business.

The electricity cost reduction

Let’s talk more about cutting commercial electricity costs with solar panels. An average cost of power bills on a monthly level for a company not using solar panels is somewhere around $2,000. However, after converting to solar energy, the cost drops to only $500 a month! That is a 75% reduction! Your company can save about $18,000 on power bills only on an annual level. You can invest that money in your business.

Tax reduction will immensely help you

An example showing the importance of solar energy in commercial purposes is the tax reduction on all commercial solar panel installations. The US recognizes the benefits of solar power, and all companies that choose to install them receive a 26% reduction on the installation costs.

Various states are giving their support to eco-friendly companies

There are many federal and state financial incentives for companies converting to solar energy. Some states are winning on clean energy, and they intend to keep their position for a long time. This only further proves how vital solar energy really is.

The sustainability and longevity of solar energy

One of the reasons a commercial power grid is a danger for your business is its unpredictability. The power grid is subject to market fluctuations, and there is no way to tell what changes are about to come. Any company that continues to use a regular power grid risks a lot.

Since solar energy is sustainable, it gives you independence. You don’t have to rely on future market changes in the electricity industry. The final goal is to reduce coal and fossil fuel use in the next few decades. That’s why all companies should start thinking about the use of solar energy in the long run.

Moving your company to a better location

We already spoke before about how companies are moving to different locations for various reasons. Whether you are moving your home office or opening a new location, it is crucial to look at higher sun exposure places. This makes solar panels more efficient.

Just how you want to go green in terms of doing business and cut power bill costs, you also want to have a cost effective relocation by reducing office move expenses. When moving solar panels, you need to be very careful. It is best to get in touch with solar companies in Texas and see if they can help with disassembly and safe packing.

Another reason to consider reaching out to them is to arrange maintenance of your solar panels. Austin solar installers are the best in the business, and you should definitely consider hiring them to maintain your solar power grid.

Businesses can benefit from solar panel installation

Even though there were many talks about whether businesses can benefit from converting to solar energy or not, everything proves this to be correct. The advantages are just too many, and there seem to be almost no downsides to this conversion. Even though the entire project may seem costly, it will save your company a lot of money long-term.

For a bright and clean future

Everyone is trying to reduce their carbon footprint by using renewable energy. This is an essential step that will secure a clean future for all people. Large companies and small businesses in the US use about 33% of electric energy. Installing solar panels will substantially reduce this number. While businesses can benefit from solar panel installation, they are not the only ones. The entire US will benefit from converting to solar power. This is the first step towards creating a better world for future generations.

People all over the world are starting to invest in solar panel systems. And for a good reason – solar panels preserve energy, lower the electricity bill, and help save the planet. Moreover, because of the incredible advancements in technology, the installation, and the equipment are not that pricey anymore. These are all legitimate reasons why one should decide to outfit their roof with solar panels. However, if you opt for this, there are some things to do before your Austin solar installers arrive. But do not worry – what you have to do is not too time and energy-consuming. Still, it is necessary to ensure that going solar is the right thing for you and your home. 

Be Sure Your Roof Does Not Need Any Repairs 

One of the biggest mistakes you can make when going solar is not fixing your roof. If your roof is old and hasn’t been renovated recently, chances are that it needs some upgrades. The Austin solar installers will tell you this too, but you will have to pay for the fee if they are the ones telling you. Thus, save yourself from this trouble and hire a contractor to check your roof before your Austin solar installers arrive. If some things need to be fixed – fix them right away. You will not be able to put anything on the roof until it is in perfect condition

Be Sure Your Roof Can Handle the Weight 

Another thing you must do before your solar installers arrive is to ensure your roof can handle the weight of solar panels. If it cannot, you might have to call heavenlymove.com to move you out of the house until your roof is replaced. Luckily, a collapsed roof is not a common sight when installing solar panels, but that is just because solar installers examine its condition before the installation takes place. Still, don’t wait for them. Examine the roof with the help of a contractor. Only a professional of this kind can help you save your roof (and yourself) from dangerous, and not to mention costly, situations. 

Moreover, if you have to make some changes to the roof to improve its condition and stability, do not try to cut corners. Yes, upgrading the roof is expensive, but you only do this once or twice in your life. The better materials you use and the better contractors you hire, the better roof you will have

Think About the Water Runoff 

Austin does not get a lot of rainfall, but rain is still present in the autumn and winter months. And, when it starts raining, the water should go into the gutters and away from your home. However, solar panels might prevent water from running freely and, thus, cause a lot of problems. One of the most common problems of this kind, for instance, is when solar panels change the direction of water, creating leaks and other issues. So, when you do find the right Austin solar installers, be sure to talk to them about this. Have them present you with a plan that solves these kinds of problems. Do not leave this for some other time – the rain may ruin your roof and solar panels and force you to replace everything

Familiarize Yourself with Local Regulations 

Much like when building a pool or shed, you will need to get some approvals before you start. In some cases, you need the permission of your local building department, and in some, your utility company. Either way, the process of getting these approvals can last a long time. If you are lucky, you will wait for a couple of weeks; if not, you may end up waiting a year. Thus, as soon as you decide to install solar panels, familiarize yourself with local Austin regulations and apply for the necessary permits. Start by gathering the paperwork – building plan, equipment specifications, the system’s electrical design, etc. Then, talk to your utility company about net metering – you need to make an agreement with them about your excess electricity. 

Nowadays, we have regulations for pretty much everything. Even when placing items in storage – besides finding the right place, one must also read the rules and see what can and cannot be placed inside. Thus, whatever you decide to do, make sure you familiarize yourself with the laws and regulations – if you do not, it may end up costing you a lot of your time, energy, and of course, money

Understand the Available Incentives 

Last but certainly not least, one of the things to do before your Austin Solar Installers arrive is to understand the available incentives. Namely, each state and each city offer some kind of help when it comes to going solar. They do this to motivate people to go green. So, why not take advantage of that? For example, you can apply for the so-called 26% solar investment tax credit available to anybody who has solar panels and who pays taxes in Austin, Texas, and everywhere across the United States of America. Besides this national incentive, you can also apply for the state’s or city’s incentive. Some of those incentives offer you discounts for solar equipment, installation, etc. Research solar incentive programs in advance. All of them require a lot of paperwork and time for approval. Sometimes this can last for months! Most people consult their solar installers about this. And, although they can be of great help, they are still not experts in this area. Only experienced professionals can help you run your solar proposal and guide you through the entire process

There are many good reasons why turning to off-grid solar systems makes sense. Firstly, running your home with solar panels in Texas can save you a lot of money. You also get to claim your independence from utility companies while doing good for the environment. 

In fact, this is one of the most affordable and sustainable ways to create your own electricity. Installing an off-grid solar system is highly beneficial for people who live in states with a lot of sunshine. Because of this, many solar companies in Texas deal exclusively with off-grid solar system installation and maintenance. So, in states like Texas, it is almost a shame not to take advantage of the sunny weather for creating a large portion of the electricity needed for your household.

A Laredo, TX home with solar paneling
Many Texas homeowners hire the help of solar panel Laredo, TX for the installation of their off-grid solar system.

It is also worth mentioning that you can make use of local government incentives promoting solar energy use. These kinds of incentives allow homeowners and business owners to turn to a clean production of energy. So, if you decide to install a solar-powered grid, the Texas local government will cover a part of the expenses.

So, how do off-grid solar systems work?

Off-grid solar systems, also known as Stand-alone power systems (SAPS), create electrical energy through solar paneling. The sunrays hit the solar panels and use the accumulated heat to charge a solar battery. The generated electricity is then converted with the help of an inverter to power your home and appliances. 

Most importantly, the solar battery enables you to power your home around the clock as it stores the energy even when exposure to the sun is not as optimal or non-existent. This means that an off-grid solar system allows its owners to create electricity and use it even at night or in colder months of the year. 

So, if you plan to relocate to a state with a lot of sunshine, you should consider installing or moving into a home that runs on solar energy. If you have already invested in an intricate solar panel system, you might need the help of an experienced moving company such as evolutionmovingdfw.com to transport it to your new home intact. 

In some cases, you might have to complement your solar energy with an additional power supply such as an independent generator. Nevertheless, you will be able to satisfy most of your energy requirements with the help of an off-grid solar-powered system

What are the components of an off-grid solar system?

An off-grid solar system requires several pieces of equipment to function properly. However, keep in mind that your solar system might vary greatly depending on your energy needs and the area where your home is. So, the size and scale of off-grid solar systems differ, but they still share several essential components.

In this section, we will describe the different components that make an off-grid solar system. Understanding the mechanics of off-grid solar energy generation can help you determine if you should install off-grid solar paneling in your home and if installing it makes sense for your needs. 

Once you learn how solar systems work, determining a budget for this project is the next step. Of course, the costs of solar system installation may vary depending on the size, type, etc. Nevertheless, knowing how the system functions will allow you to have an informed conversation with professional installers of residential solar panels in San Antonio.

Solar panels

Solar panels are an indispensable part of a well-functioning off-grid solar system. Of course, the size and energy-producing properties of your solar paneling depend on:

  • the amount of sunlight that is available in your area
  • the surface area of your roof where they can be adequately placed
  • energy needs of your household 

Solar battery

As we already mentioned, a solar battery is also one of the key components of South Texas solar systems. It allows the solar system to run even after nightfall. 

During the day, solar energy storage inside the battery happens while solar paneling creates electricity. One portion of the generated electrical power goes into satisfying your daytime electricity needs. So, you can use all the appliances, lights, and all other devices that require electricity during the day. 

A Texas neighborhood with a house powered by an off-grid solar system
Some households require more than one solar battery to satisfy their energy needs.

However, any excess energy created by the solar panels is directed and stored in the solar battery. You can install either a single battery or a battery bank, depending on your energy consumption. So, not only does a battery bank eliminate potential power outages during the night, but it also prepares you for a rainy day – literally. Just make sure to hire a reliable and experienced solar panels installer to avoid malfunctions or improper installation of your off-grid solar system.

Solar Inverters

A solar panel’s role is to collect and convert direct current (DC) into alternating current (AC). Most of our electrical appliances run on AC rather than DC. This is why your solar power system requires a solar inverter. Note that sometimes this component is also called a solar converter or a PV inverter.

Off-grid solar system technicians on site
A solar inverter is an essential part of a well-functioning system exploiting solar power.

Solar Charge Controller

The solar charge controller or battery charger ensures that your solar battery does not fry. So, the efficiency of your energy storage depends on the solar charge controller as it controls the voltage and current received by the solar battery. In other words, the solar charge controller prevents overcharging and consequent damage to the solar battery.

Make sure your local off-grid solar systems installers or solar panel maintenance inspect the charge controller regularly.

There are many advantages of going solar. For instance, by powering either your home or your business, you will be able to save tons of money on electricity while saving the planet at the same time.

Thus, taking advantage of the overflowing Texas sunshine to produce clean and renewable energy makes sense! But, we understand why you may be intimidated – installing solar panels on your home or your business can come with a hefty price tag.

Luckily, there are plenty of incentives that can help you get started. So, if this is something you may be interested in, keep on reading as we will share with you all you need to know about Texas solar energy incentives.

Federal Incentives 

As previously mentioned, there are many incentive programs in the state of Texas. Thus, let us begin with one that offers the most benefits – the federal one. If you decide to go solar, you should take advantage of the Solar Investment Tax Credit or ITC. ITC is a federal tax credit that has a system of “dollar for dollar” reduction on all income taxes. Currently, the tax credit for all green projects is 26%. However, the situation will change in 2023 when the tax credit is expected to decrease (around 22%). In 2024, the tax credit will be 10%, and in 2025, the tax incentive will go away entirely. Thus, if you plan on installing solar panels in Texas, act quickly. The sooner you install them, the bigger incentive you will get, and the more money you will save.

State Incentives 

Did you know that Texas is one of the states that are winning on clean energy? But, it is worth mentioning that Texas does not offer any statewide solar tax credits. However, it does encourage local utilities to provide incentives for residential and commercial establishments. Incentives are given to those who are just starting these going-solar projects and those who need a solar panel replacement or a battery backup. State incentives vary depending on the city. But, one thing is always the same – with a state incentive, homeowners and business owners can get a price-per-watt basis completed at an ultimate amount per project. If you are unsure how to apply for a state incentive (or any other Texas solar energy incentive), go to your local utility company – they will tell you where and how to start.

Local Incentives 

When moving to Texas or anywhere else in the world, you must know what to expect moneywise. For instance, you must know what type of housing is available there, how much the whole relocation will cost you, etc. The same applies to installing solar panels in your Texas home. As this is a pricy investment, you must know what incentives the city offers to help those trying to produce green energy. There are many local incentives in Texas, but they vary depending on the city you are in. So, let us share with you some of the most common local incentives you should consider.

  • AEP – American Electric Power
  • Austin Energy
  • Centerpoint Energy
  •  El Paso Electric
  • Farmers Electric Cooperative
  • Greenville Electric Utility System
  • Hilco Electric Cooperative
  • Lower Colorado River Authority
  • New Braunfels Utility – NBU
  • United Cooperative Services
  • Wise Electric cooperative
  • Oncor Electric Delivery

These are just some of the Texas solar energy incentives you can take advantage of. As previously mentioned, the type of incentive you can get depends on the city you are in. If you do not know where and how to get this journey started, you can always contact your utility company and ask about the programs they offer. They can give you first-hand information and advise you on your future money-saving steps.

Net Metering Program Incentive 

It is good to know that some utility companies offer solar incentives while others participate in net metering. Namely, net metering is a billing arrangement that you can create with your utility company. With that arrangement, if you overproduce energy, you can sell it back to the grid. But, of course, you cannot go to your utility company and demand them to pay this money to you – the money from the sold energy will be deducted from your next energy bill.

However, keep in mind that net metering is not available in all cities in Texas, so if you decide to opt for this ‘incentive’, call your utility company first. And, in some areas, you will be able to take advantage of both net metering and some kind of incentive. If that is the case where you live or where you will live, we strongly suggest that you start looking for the best solar power companies in Texas right now!

Texas solar energy incentives explained

If you have the option to go green, that is, to install solar panels on your residential or commercial establishment, you should do so. The benefits are enormous! You will significantly reduce your energy bill, or in some cases, you may eliminate it entirely. Moreover, you will earn rebates and tax credits too – another great way to save a lot of money. And, last but certainly not the least, buy installing solar panels in Texas (and pretty much everywhere else in the world), you will help save the environment and all the beings living on this planet of ours!

And, even though installing solar panels can be a costly investment, there are plenty of incentives that can help you out. You can either apply for Texas solar energy incentives – federal, state or local. Or you can take part in a net metering program. Either of these four options can help you save a lot of money. Do some research on your own too! And, if you still have difficulties understanding what to do, ask your local utility company for help.

Meta Description: If you plan on installing solar panels in your Texas home, here is all you need to know about Texas solar energy incentives.

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