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May 13, 2021
When Cliff and Karen Tyllick set out to install solar panels on their Austin, Texas , home in 2012, their goal was to reduce their carbon footprint. The fact that they also saved thousands of dollars upfront and lowered their bills was a nice bonus.
Solar panel installation can cost $15,000 to $25,000 or more . For the Tyllicks, federal and local incentives significantly cut their costs — they now frequently don't pay for electricity, and when they do, it costs between $30 and $50 per month.
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