Benefits of Solar Energy
Solar energy provides numerous advantages that will enhance your home for years to come.
- Better energy independence: Adding a solar battery lets you have dependable energy during grid outages and storms.
- Reduced carbon footprint: Using clean solar power means you're less dependent on fossil fuels, which emit harmful greenhouse gasses.
- Lowered energy bills: You can skip the added cost of grid-tied power by generating some electricity right where you use it.
What Solar Incentives Are Available to Hurst Homeowners?
Texas homeowners who decide on solar could qualify for reimbursements, rebates, tax credits and special financing. Here are just a few of the local incentive programs.
Incentive Type: Rebate ProgramWebsite: texasgasservice.com
Free Equipment Program: Free appliance installation and weatherization services
Home Improvement (includes attic insulation, duct sealing, duct insulation, duct replacement, high-efficiency gas furnace, and Wi-Fi thermostat: Up to $1000
Solar Water Heater With Natural Gas Backup: $750
Tankless or Super High-efficiency Water Heater: $650
Furnace Tune-Up: $40
Natural Gas Dryer with moisture sensor: $225
Natural Gas Dryer Stub: $300
Incentive Type: Personal Tax CreditWebsite: ecowatch.com
30% federal tax credit for systems placed in service after 12/31/2021 and before 01/01/2033. Good for: solar water heat, solar photovoltaics, biomass, geothermal heat pumps, wind (small), fuel cells using renewable fuels.
How To Choose the Best Solar Company in Hurst
Choosing a company is the first step toward an effective and valuable solar array. Here are some crucial criteria to bear in mind while searching for a solar provider.
Licensing and Training
All solar installers in Texas must have a state electrical contractors' license from the Texas Department of Licensing and Regulation. The Texas State Board of Plumbing Examiners regulates plumbing regulations and licensing standards for solar thermal installers. Solar providers can also obtain accreditations from trade groups and standards organizations. The top ones in the industry come from the North American Board of Certified Energy Practitioners. Most company websites will prominently display earned credentials, but you should also ask your estimator for more information.
Cost of Solar Panels in Hurst
Different solar panel types look and perform differently. Monocrystalline panels offer the best energy production but cost more than other options. Polycrystalline panels produce less power, but start at a more budget-friendly price point. Thin-film panels work well for small projects like RVs and sheds, but they're not ideal for larger installations due to their low performance.
Additional accessories, such as electric vehicle (EV) chargers and battery storage, will increase your overall costs. However, they might make your solar system more efficient and convenient to use. Not all solar companies offer these extras, so look for a company that sells them if it's important for you.
Generally speaking, it will cost about $16,650 for a five-kilowatt solar array in Hurst. This table displays more specific prices for different solar panel types and system components in your area.
|Solar Panel Cost
|Solar Home EV Charger
Financing Solar Energy in Hurst
Choosing the right financing option will impact your overall solar system cost and expected savings. Common payment options include leases, cash payments, loans, and power purchase agreements. We advise making a cash payment or securing a solar loan for the best return on investment (ROI). Cash payments require a hefty sum up-front, but you’ll pay the least long-term by avoiding interest. You’ll also have full ownership of your system and can apply for solar incentives to cut your total costs. Solar loans are another solid option if you don’t want to make a big initial investment. You can pay for your system in installments while still benefiting from energy bill savings and solar incentives. However, you’ll spend more in total due to accruing interest. Solar leases allow you to rent your panels for a set monthly rate, while PPAs let you pay just for the energy you use, similar to an electric bill. Both options disqualify you for solar incentives and don't grant you system ownership. Solar experts generally don't recommend them, but they might be suitable in some cases. We recommend working with an installer that offers multiple financing options. Ask each agent about what's available, and get more than one estimate for the best odds of staying within your financial plan.
The table below lists the average payback periods for different capacities of solar systems in Hurst.
You are eligible for a 26% federal tax credit for new solar power systems until the year 2032. Municipal and state governments and utility companies might also offer rebates, discounts, and dedicated financing plans that could save you more.
|Solar System Capacity
|Estimated Payback period
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Frequently Asked Questions About Solar in Hurst
How much money could I save by going solar in Hurst?
Is solar energy readily available in Hurst?
Should I expect a property value increase after switching to solar energy?
What if I live in a heavily-wooded or dark
How can I assess my site's solar potential?
What is the average payback period for Hurst solar panels?
How does "net metering" work, and do I need to participate?
Some states or energy providers require you to join net metering when purchasing your solar system, while others give you a choice. Either way, once you sign up, you'll earn a bill credit or check for your excess generation at a wholesale or retail rate.
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