Texans are turning to solar energy to power their homes.
With record-breaking temperatures across the Lone Star State this summer, many Texans have cranked up their air conditioning, only to be met with high energy bills. Some are now looking to invest in solar as a way to cut those costs.
Kosmos Solar employee Craig Thrush says that his company is receiving twice as many calls about solar installations. The majority of callers are looking for ways to reduce their energy bills.
But it’s not just cost. Concern about potential power outages is also driving the interest in solar energy. In February 2021, many in Texas lost power following winter storms. The power grid collapse has caused a lack of confidence for some.
Atmospheric sciences professor Andrew Dessler said of installing solar panels, “I predict in the future it will be a good financial decision for you to make as electricity gets progressively more expensive.”
In addition to potential energy savings, there is a federal tax break for those who install solar panels. A homeowner can claim 26% of the total cost of the solar system installation on federal taxes. There may be additional incentives available in different states.
Currently, the Solar Energy Industries Association estimates that there is enough solar energy in Texas to power more than 1 million homes. The Office of Efficiency and Renewable Energy estimates that solar power across the U.S. has the potential to power 18 million homes.
If the Biden administration’s proposed climate bill become law, billions will be spent on alternative-energy solutions such as solar, with even more people in Texas and elsewhere making the switch.