Solar power has become a necessity of our time, as it reduces dependence on limited natural resources helps the environment. Governments in Texas and many other states offer incentives so that you can use solar energy for a home or business.
Homeowners can avail of a 30 percent tax credit that they can spread over two years. Businesses are also allowed a 30 percent investment tax credit for solar energy texas installations. Federal grants are also available in lieu of the tax credits, and this can help to meet the costs of these installations. Accelerated depreciation is also available to businesses and can help to dress up balance sheets.
Texas cities have sunshine available for over 200 days in a year, and this does give them an edge when they decide on installing solar panels to produce any needed power. Solar power comes from photovoltaic solar panels that use a clean and renewable energy source, and this has led to an increasing number of people in Texas and other parts of the country opting for solar power. It is possible to sell excess energy to electric utilities and this makes the installation of solar panels a viable alternative that Texas residents are increasingly looking at.