UPDATE: 2016 Solar Incentives Could Run Out by the End of October
There is one fact that your power company definitely doesn’t want you to know. This year in Texas there’s a new solar policy that qualifies homeowners who live in specific zip codes in and around New Orleans to receive $1000’s in rebates and tax breaks. If you’re lucky enough to own a home in one of these zip codes, this program could reduce the cost of solar installation to $0. That’s right. $0. No more electric bills. No more worry.
Homeowners have been shocked when they find out what they could be saving. Government rebates and subsidies often cover a huge percentage of the costs associated with solar installation. It costs homeowners almost nothing to forget about their bills forever.
So, how does this program work? Instead of having to spend $10’s of thousands of dollars on buying solar panels, the new policy allows you lease solar panels for as little as $0 to start. Before this change, it was impossible for companies to lease solar panels because they would lose money. Now, thanks to these huge rebates, that problem is solved.
Tanner Bond, Esq., an authority on the Solar Industry, has been researching the effectiveness of this program and whether or not homeowners are truly saving. After several weeks, Mr. Bond reported back on his findings: most middle-class families are saving at least $164 a month on their energy bill. He was stunned by these findings and mentioned that many homeowners save even more money.
Need more incentives?
- Reports show that going solar can reduce your electricity payments by up to $1560 a year or 70-90% monthly.
- In New Orleans, a new solar system can increase your property’s value by up to 20%.
- Some states allow homeowners to sell electricity back to their utility companies—enabling you to power your home for free and potentially make a profit off of the electricity you generate!
The bad news:
This current policy is set to expire December 31st, 2016, but could even hit quota caps by the end of October—so in order to cash in on these savings, you need to act now! Luckily, once the panels are installed, you’re locked into a lifetime of savings.
So, if you live in an approved zip code and are wanting to pay less for electricity, we encourage you to see if you qualify for these programs. All you have to do is answer a few straightforward questions and Home Solar Rebates will determine if you are able to qualify. There is absolutely no obligation to purchase, we will not ask you to provide any payment information and the process takes less than a minute to complete.
Final NOTE: Don’t let your utility provider trick you into thinking you’re under contract, because you are not.
It is a very easy process to cancel and even get the balance refunded from your current bill.