There are a number of benefits of solar that can save you thousands of dollars over the life of your system, but the upfront investment can seem intimidating! If you’re a homeowner considering residential solar installation in Denver or San Antonio, you’ve come to the right place.
With over 30 years’ experience in the solar industry, CAM Solar pros are your trusted solar installation company. Fortunately, there are a number of solar panel incentive programs available for residential solar panels in both Texas and Colorado, and we know them well! Read on to learn how the CAM Solar team can help you earn incentives and make your solar dreams a reality.
1. FEDERAL SOLAR INCENTIVES
Out of all the available solar rebates & incentives, the federal solar tax credit is the most universal because all US homeowners who meet the following criteria are eligible:
- YOU OWN YOUR OWN SYSTEM (NO LEASE)
- YOU OWN YOUR HOME
- YOU HAVE TAXABLE INCOME
- YOUR SYSTEM IS OPERATIONAL, OR FULLY INSTALLED AND ABLE TO PROVIDE ELECTRICITY
Homeowners who qualify for the federal solar tax credit can earn a rebate of up to a whopping 26% on their home solar system, which can add up to thousands of dollars in savings!
2. TEXAS SOLAR REBATES AND INCENTIVES
As one of the sunniest states in the country, solar panels are a terrific option to help Texas homeowners improve their home’s energy efficiency. Solar incentives in Texas are making it easier than ever to make the switch to a renewable energy like solar, such as:
- CPS ENERGY SOLAR REBATE INCENTIVE PROGRAM
- AUSTIN ENERGY RESIDENTIAL SOLAR PROGRAM
- AEP TEXAS SMART SOURCE SOLAR PV PROGRAM
There are a number of solar rebates in Texas, and even some that you may be eligible for depending on your city, region, or utility.
3. COLORADO SOLAR INCENTIVES AND REBATES
Solar incentives in Colorado are plentiful as well, making solar panels more affordable than ever before. Solar rebates in Colorado are available from the following sources
- XCEL ENERGY SOLAR*REWARDS® PROGRAM
- COLORADO SPRINGS UTILITIES RENEWABLE ENERGY REBATES
- FORT COLLINS UTILITIES SOLAR REBATES
These incentives are valuable, and can relieve your tax burden anywhere from a flat $1,000 up to $0.0375 per kilowatt hour (kWh) that your system produces. When combined with federal incentives, you could save enough to add a solar battery like the Tesla Powerwall or Enphase Encharge to your system, meaning you can store excess energy from your PV panels during daylight hours to power your home at night.
4. CAM SOLAR SPECIAL FINANCING OPTIONS
Not many homeowners can pay for their full solar PV system up front, and that’s okay! Like with any investment, you deserve the flexibility to create a payment plan that aligns with your budget. At CAM Solar, we offer financing on all of our solar projects, as well as solar promotions & special offers to help homeowners from Denver to Austin embrace low-cost and renewable electricity generation.
LEARN HOW YOU CAN ENJOY SOLAR FOR LESS WITH SOLAR REBATES AND INCENTIVE PROGRAMS. CONTACT US TODAY TO SCHEDULE A FREE SOLAR EVALUATION!