Texas Solar Broker LLC.
Why Solar? Why NOW?
Why Solar?
Immediate & Long Term Savings
The average homeowner that decides to go solar sees anywhere from 10%-30% in IMMEDIATE monthly savings, and an average of $25,000+ in savings over the lifetime of their system.
Turn Your Energy Into Equity
Solar panels will increase a homes attractiveness on the market. The U.S. Department of Energy's Lawrence Berkeley National Laboratory found that the sale price of the average home increased by $17,000 with solar panels.
Environmental Impact
Why RENT dirty energy when you can OWN CLEAN energy for less? The average home with solar panels saves tons of CO2 emissions over its lifetime. Equivalent to trees planted, would be abut 300 acres of forest!
Save money & the environment at the same time!
Local Rebates & 30% Federal Tax Credit
Based on what city you are in, there may be local rebates. The federal government also incentives homeowners to go solar by issuing a 30% (of the cost of the system) Federal Tax Credit that can be applied come tax season to offset or eliminate any taxes owed.
Why Now?
Rising Costs of Energy
Electricity prices jumped last year (2018) in Texas, reflecting record-setting demand, less generation capacity and anticipation that prices will be going up due to several factors.
Lower-than-usual supplies of natural gas & coal
Last year three coal plants with a combined generating capacity of more than 4,000 megawatts - enough to power at least 800,000 Texas homes - were shut down by Vistra Energy Of Irving. A shortage of natural gas, the fuel used to power the majority of electric generation in Texas, is also pushing up prices, electricity analysts said. "Certainly they (rates) are going up," says Fred Anders, founder of Texas Power Guide.
Supply & Demand
Texas has become the top destination for people moving from other states, according to a report from the Office of the State Demographer. Leading the way are Californians.
May 9th, 2019 - The grid operator for most of the state released its final Seasonal Assessment of Resource Adequacy (SARA) for the summer, predicting a new all-time peak demand record and the likely need to enter Energy Emergency Alert (EEA) status to maintain reliability.
ERCOT's analysis forecasts peak summer demand of 74,853 MW, which would be 1.3 GW higher than the previous peak set last July. Total generation resource capacity is expected to be 78,929 MW.
Federal Tax Credit Going Away
The federal tax credit will be tiering down every year after 2019.
2019 - 30%
2020 - 26%
2021 - 22%
2022 - 10%
2023 - 0%