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.
The credit is equal to 25% of your qualified solar energy system equipment expenditures and is limited to $5,000. 1  The solar energy system equipment credit is not refundable. 2  However, any credit amount in excess of the tax due can be carried over for up to five years.or additional information on claiming this credit, see Form IT-255, Claim for Solar Energy System Equipment, and its instructions, Form IT-255-I.