Installing solar panels costs the average Texas homeowner $45,000, making it too expensive for most homeowners to go solar. The good news is that a new state-funded initiative wants to change that. This new program aims to help middle class homeowners make the switch to solar at no upfront cost through rebates and incentives.
Funded by the state of Texas as well as private non-profits to promote alternative energy, The Solar Energy Industries Association‘s directive is to get solar panels installed on the roofs of those who cannot afford the high upfront costs.
This program, which launched in early July, will use the rebates and incentives set aside from the state as well as money raised by companies who want to lower our carbon footprint.
Through this program, homeowners receive solar panels, full professional installation and a dramatically reduced (if not completely eliminated) electric bill with no out of pocket expense. According to initial reports, this program is saving Texas homeowners an average of $1,716 per year.*
Plus the fact that a new solar system can increase your property’s value by as much as 20%. Finally a real stimulus homeowners have needed for years!
The Solar Energy Industries Association (SEIA), who oversees the Renewable Energy Credits (RECs) project, is the country’s first dedicated solar advocate. Their goal is to install solar panels for 25,000 homeowners in Texas by the end of 2016.
As of September 27, 2016, they have already filled over 70% of this quota and could run out by the end of this month. If you’re interested in this program, you need to act now.
Funded by federal and state incentives as well as investments from wealthy individuals and companies who want to reduce our carbon footprint, this program aims to accomplish two things: provide a much needed stimulus for homeowners and to show the world that renewable energy is a viable alternative to fossil fuels.
With over $1 billion raised so far, the Affordable Green Energy Group is putting their money where their mouth is.
If you’re currently a homeowner in Texas, we encourage you to apply for this program here. Just answer a few simple questions and determine if you qualify. There is no obligation and it only takes 30 seconds.