Solar Savings Calculator for Texas

Texas homeowners pay an average of $175/month for electricity at 14.5¢/kWh. With 5.5 peak sun hours per day, solar can dramatically cut your energy costs.

$175
Avg Monthly Bill
14.5¢/kWh
Electricity Rate
5.5h/day
Peak Sun Hours
$58,771
Est. 25-Year Savings

Calculate Your Savings in Texas

Adjust Your Details for Texas

$
$50$1,000
50010,000
50¢

Your Estimated Solar Savings

System Size
7.6 kW
Panel Count
19 panels
Total System Cost
$20,520
Federal Tax Credit (30%)
-$6,156
Net Cost
$14,364
Annual Savings
$2,100
Payback Period
6.8 years
25-Year Savings
$58,771
Return on Investment
409%

* Estimates based on 5.5 peak sun hours/day in Texas, system cost of $2.7/watt, 30% federal ITC, 3% annual electricity inflation, and 0.5% annual panel degradation over 25 years. Actual results may vary.

Solar Incentives in Texas

Federal Solar Investment Tax Credit (ITC)

Reduces federal income tax liability by 30% of the total cost of a solar energy system, including equipment and installation.

30% of system cost

Texas Solar Property Tax Exemption

The added home value from solar panels is exempt from property taxes.

100% property tax exemption

Cities in Texas

Select your city for a more precise estimate with local electricity rates and utility information.

More Solar Resources for Texas

Ready to Go Solar in Texas?

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