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Solar Incentives

Utility Savings

Regardless of your service area, you can expect to save money off your electric bill by installing solar panels and receive a credit towards future payments for the energy your solar system produces and puts back into the grid.

Federal Solar Tax Credit (ITC)

The Solar Investment Tax Credit (ITC) is a dollar-for-dollar federal tax credit which reduces a person or business’ tax liability based on the amount they have invested in a solar energy project. The residential and commercial ITC are both worth 30% of a solar project’s cost though 2032. For example, a $10,000 solar electricity system will be eligible for a $3,000 federal tax credit. Customers that purchase or finance their system through a solar loan are eligible for this incentive.

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2112 Holly St, Austin, TX 78702

TECL #37773