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.
To make these incentives even more attractive, the federal solar tax credit is a dollar for dollar reduction in your taxes owed. In other words, if the 30 percent of your tax break amounts to $5,000, you get to take $5,000 off the taxes you owe, not just reduce your taxable income.olar Investment Tax Credit. If you're thinking of adding solar power to your total energy solution, you should know that there are solar tax credits available for almost all 50 states. In most instances these tax credits are applied to your income tax at the time of filing.