The Civil War forced it back into the Union, where it has stayed ever since. The various flags that have flown over Texasâthose of Spain, France, Mexico, the Republic of Texas, the United States and the Confederacyâinspired the name of the Six Flags amusement park chain, which originated in Texas in 1961.
Federal Tax Credits. According to the U.S. Department of Energy, homeowners can receive a federal tax credit for certain solar panel systems installed through the end of 2016. The tax credit equals 30 percent of the cost of purchase and installation with no limit.nstall solar panels on your home and you can harvest heat from the sun to create energy. You can also reduce your energy consumption, lower your utility bills and get a tax credit through 2016.
When purchasing a solar electric system, you could potentially save up to 30% with the federal solar tax credit. When most consumers set out to do research about solar panels, they will eventually come across the Residential Renewable Energy Tax Credit also known as the Federal Investment Tax Credit (ITC).n Scenario A (where he would owe less) April arrives, he files his taxes and claims the 30% solar tax credit. It turns out he owes $10,000 in taxes, so the entire $7,500 is applied and he writes check to Uncle Sam for the remaining $2,500 that he owes.