CORPUS CHRISTI –
If you’ve been thinking about solar energy for your home now is a great time to look into it. The spending bill approved by congress on Friday extends the 30% federal tax credit on home solar installations until 2019, before it is significantly reduced. But even when that happens solar is still a good investment in your home that will only get better over time. Especially here in the Lone Star State.
It’s estimate that the sunshine than falls on the state in one month contains more energy than all the oil we’ve ever pumped out of the ground. And that’s why Texas is ranks number one in the nation, in solar power potential. On average we get about 5.4 sun hours day in this area.
Tony Headrick of Dallas-based Aztec Renewable Energy, who was here in Corpus Christi this past week supervising the installation of a solar panel system on a southside home, says the cost of solar panels has dropped substantially over the past 5 years, while the efficiency of the panels has increased dramatically. The panels that his crew installed here last week generate about 300 watts apiece.
That means going solar here in Texas, will immediately save the average Texas homeowner $50 to $100 dollars a month, depending on how their home faces the sun, the size of the system installed, and the price their electric providers charge per kilowatt hour. A solar panel system will also increase the value of your home, but the state of Texas exempts the increase in value from you property taxes. And don’t forget about the 30% federal tax credit.
Long term, a Texas homeowner can expect to save $20,000 to $30,000 over the life of the system. So despite a fairly high cost up front — if you decided to buy a solar power system outright — it is still a good investment in your home. Headrick says, “We have several options you can buy it, you can lease it, or you can finance it.” And he says, “The main thing I talk about with customers is their return on investment, everyone wants a good ROI on their money, and our customers typically see an 8% to 17% return every year, depending on where they live and the incentives from their utility companies.”
And here’s something else to keep in mind. While Texas has fairly cheap electricity rates now, that won’t last forever. And he says, “When it does our homeowners are just going to save more and more money.”
Tony has lots of these facts and figures at his fingertips because he really believes in what he’s doing for a living. He says,”The thing that excites me about this line of work is that you’re not selling someone a used car, you’re selling them something that’s useful, that’s a good investment, that they can be proud of you know?” And he adds, “What makes it worthwhile is when you turn it on at the end of the install, and the meter turns backwards, people get really excited.”
Source :- http://www.kristv.com/