SOLAR INCENTIVES: TAX CREDITS & LOCAL REBATES

Save as much money as possible on your home solar panels by taking advantage of federal and local level tax credits and programs that can add money to your bank account! We’ll be happy to help you find the best rebates and tax credits for your system. 

30% Federal Tax Credit Through 2032

There are many government tax incentives for going solar. As part of the recent Inflation Reduction Act of 2022, the Federal Investment Tax Credit (ITC) has been increased to 30% and extended for 10 more years. This is great news for Texans who installed solar in 2022 and for new installations to come.

This solar credit reduces the amount you owe at the end of that year’s taxes, rather than the amount you pay taxes on. There is no cap on the value you can deduct, so regardless of the type or size of install, you will get a 30% tax credit when you install.

See if solar is right for you. 

Texas Solar Incentives

The high percentage of beautiful sunny days in Texas makes this a great state for solar but unfortunately, there are no statewide tax incentives currently offered. The good news is that Central Texas homeowners can take advantage of local property tax exemptions for PV solar systems and other money-saving programs. 

Texas Solar Buyback

If your PV system produces more electricity than you use, many electric companies will compensate you for the excess solar power generation. Programs vary so be sure to check with your provider. 

Utility Company Rebates

There are also rebates available from many utilities in Texas. When you install with Longhorn Solar, we will walk you through these savings to make sure you’re making the most of your panels right out of the gate.