With ample sunshine and a little something called House Bill 2961 on the table, things may finally pick up for Texas, a state that’s fallen behind on solar development.
The proposed legislation would offer attractive solar rebates for rooftop solar panels. In fact, with funding of this size, approximately 50,000 homes and 1,000 businesses are expected to purchase systems in 2011.
Rebates are always driving costs down
Texas isn’t the first, and it certainly won’t be the last. To find out what it costs in your state to go solar, click here.
Who’s eligible for rebates, and how much would they receive?
Eligible recipients include electric customers (that’s virtually everyone), qualified solar installers, remodelers, home builders, and even third-party owners of solar generator systems, according to the Star-Telegram.
In addition to the federal tax credit of 30% off solar installation costs, homeowners will also receive:
- $2 per watt for distributed solar systems of 10 kilowatts (kW) or less at your home or business
- $1.40 per watt for installed solar of 10 to 2,000 kW
- $1 per watt for installed wholesale solar generation
Many states offer rebates as attractive (or more so) for solar power installations. To learn more, check prices for installation and equipment costs in your city.
Texas solar on par with nuclear?
To give you a frame of reference, Texas currently has 15 to 30 megawatts (MW) of solar installed. If approved, this bill would generate 1,000 MW of clean energy over the next five years, a supply actually equivalent to one of the state’s nuclear reactors.
Of course, grid parity still has a long way to go, but for now the benefits of solar certainly outweigh those of nuclear. Plus, besides cleaner, safer and more sustainable energy, the added solar would bring scores of green jobs along with it.
According to Steve Wiese, President of Texas REIA, “If we can develop solar energy in this state, we potentially can develop a manufacturing base that can employ people producing these [solar] products for out-of-state as well as in-state.”
Photo via Solar Ninja