Solar Panels / Installation
The Benefits of Residential Solar Panel Installation
Home is where the heart is, but for many of us, home is also where we work and where our families spend most of their time. However, rising energy usage and costs can leave many homeowners with high bills or even without power during a blackout. This is what makes solar energy so essential.
Installing solar panels can give you independence and help you save money on your electricity bills. Whether energy costs are rising during a specific time of the day or the grid has become unreliable, solar panels can give you the energy you need when you need it. Plus, this is a green option that will lower your carbon footprint and make you feel good about how you treat the environment.
Financing & Incentives
In addition to the monthly savings you’ll see after solar panel installation, you can take advantage of current tax incentives and offers to get even more financial benefits. You can claim a substantial credit on your taxes for the year installation was completed for expenses such as solar panels, permitting fees, storage devices, and some sales taxes. For systems installed in 2022 and 2023, you can expect up to 30% in tax credits for installing solar panels on your home. Tax incentives change from year to year, so be sure to ask us for current information on this subject.
When it comes to financing solar panel installation for your new home, the cost can be included in your mortgage so that you don’t need to pay it all at once. And if you want installation for your current home but don’t want to pay for it upfront, you can sign a solar lease or power purchase agreement (PPA), wherein you have a fixed monthly payment or agree to buy power at a set price. In both of these cases, you won’t personally own the system, but you will benefit financially and enjoy a reliable, sustainable power source.
How to Know If Your Home Is Suited to Solar
One of the most frequent questions we hear is: “How do I know if my home is suitable for solar panels?” In Texas, unshaded homes receive plenty of direct sunlight throughout the day, making many homes good candidates for solar panel installation. However, solar panels won’t work with every home. The size and angle of your roof will need to be factored into the equation; solar panels usually only work for roofs with a slope between 15 and 40 degrees.
But we have good news for you: Good Faith Energy can inspect your home to find out if it’s suited to solar. As long as you don’t have a homeowner’s association barring you from adding solar panels and they will work with your home, we can provide professional installation.
Get a Quote on Solar Panel Installation
The final reason you should turn to Good Faith Energy for your solar energy needs: we can help make your home more appealing to potential buyers who picture themselves with an energy-efficient home, increasing its value.
Learn more about how Good Faith Energy can help you and how you can make the most of current tax incentives and financing options by contacting us today. We would be happy to assess your home and provide you with a quote.