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As more and more homeowners in Dallas turn to solar energy to power their homes, the availability of rebates has become increasingly important. These incentives not only make the switch to solar more affordable, but also help to reduce the overall carbon footprint of the city. In this blog post, we'll break down the latest solar energy rebates available for Dallas homeowners, so you can make an informed decision when it comes to choosing the right solar energy system for your home.
The federal solar tax credit, also known as the Investment Tax Credit (ITC), is one of the most popular incentives for homeowners looking to install solar panels. It allows for a 26% tax credit on the total cost of the solar energy system, including installation. This credit is set to decrease to 22% in 2021 and will expire for residential installations in 2022. If you're considering going solar, now is the time to take advantage of this incentive before it's too late.
The city of Dallas also offers a Solar Incentive Program for its residents. This program provides rebates based on the system size, with a maximum incentive of $15,000. To be eligible, homeowners must obtain a permit from the city and have their system interconnected to the grid. This incentive is only available for Dallas residents who use Green Energy Express to install their solar energy system.
Net metering is another important incentive for Dallas homeowners, as it allows for the excess energy produced by their solar system to be sent back to the grid and credited on their energy bill. This is particularly beneficial during summer months when the system may produce more energy than what is needed by the home. With net metering, homeowners can effectively offset the cost of their electricity bill and even earn credits that can be used for future billing cycles.
When it comes to taking advantage of solar energy rebates, it's important to work with a local solar installer who is knowledgeable about the rebates and requirements specific to the Dallas area. Certified, local installers can also help you navigate the permit process and ensure that your system is compliant with all regulations. If you're a homeowner in Dallas considering making the switch to solar energy, there are a variety of rebates and incentives available to help make it more affordable. With the federal tax credit, local solar incentives, and the benefits of net metering, now is the perfect time to join the green energy movement. Don't forget to work with a local, certified installer for the best results. Take advantage of these rebates while they're available and start saving on your energy bill while also reducing your carbon footprint.
