Residential Solar

Celestial Power installs residential solar energy systems utilizing components produced by industry leaders with proven, successful products.

Value Proposition and Benefits of Solar Investment

A Solar electric system is a substantial investment. What makes an investment like this sound is the manner in which it both pays for itself, retains the value added to the structure and is eligible for favorable tax treatment on the federal and state level.

  • Increased home asset value – Solar power systems are one of the very few home improvements which dollar for dollar increase the value of a residence. In fact, homes with solar electric panels see a premium of 110% in their resale value. In other words, from day one your home appreciates more than the cost of the investment.

  • Austin Energy Solar Rebate Program – You have the good fortune to be an Austin Energy customer. As a municipal utility Austin Energy has committed to developing a distributed power infrastructure and is willing to invest in equipping your building with solar panels. As a residential customer you are eligible for a rebate of 80% of the system costs up to a limit of $50,000.

  • Your Home as a Productive asset – This is an opportunity to return dividends on the major investment that is your residence. This is one of the very few home improvements that will allow your home to accrue more than asset appreciation. The electricity generated by your solar setup has real value paid out monthly.

  • Federal tax incentives – Currently the IRS allows a one-time tax credit of 30% of the total cost on any solar electric system. Additionally, the IRS exempts the value of any electricity produced by the system from taxation.

  • Net metering – Austin Energy permits a method of billing called Net Metering. What this means is that when you’re not using the power produced by your system it feeds back into the grid and runs your electric meter backwards allowing you to see the full value for every kilowatt hour produced whether your home needs the power or not.

  • Property tax exemptions – The state of Texas exempts energy efficiency improvements from the taxable valuation of a home. While installing a solar electric system substantially increases the appraised value of a property, that value is completely exempt from property taxes.

  • Fixed energy costs – Adding a solar electric system to your home locks in your energy costs.