With more than 300 days of sun in our area of Texas, using solar technology to power homes makes financial sense. We call it Solar Simplicity, which means we make it easy, from start to finish, to purchase a solar photovoltaic system (solar panels) to produce your own electricity.
The typical system isn’t large enough to power an entire home, but it certainly will help reduce monthly electric bills by supplementing a home’s energy needs. On average, our customers save $40-$60 a month with a 4 kW system, which can produce approximately 500 kWh (kilowatt-hours) per month. That’s about a third of the 1,500 kWh consumed monthly by the typical home.
Although this is the general rule, one size doesn’t fit all when it comes to solar services. Every home and lifestyle is different, which means actual savings will differ, too. A one-on-one consultation with a GVEC efficiency expert is necessary to best estimate your savings opportunities.
A federal tax credit of 26 percent is available through December 31, 2022 for existing homes, new construction on principal residences and second homes. Read more at www.energystar.gov. Plus, GVEC electric members can take advantage of on-bill financing (with approved credit) and combine payments with their electric bill.
Solar energy must be used as it is produced. GVEC members can sell back excess energy to GVEC at the current wholesale power rate price. An Interconnection Agreement is required, which sets the terms and conditions for properly and safely connecting a solar PV system to the electric grid.
Call 855.898.8807 with any questions or to set up an appointment for a free, no-obligation quote.