Solar Savings Calculator for Austin, TX
Homeowners in Austin pay an average of $172/month for electricity through Austin Energy. With 5.3 peak sun hours per day, solar panels can significantly reduce your energy costs.
$172
Avg Monthly Bill
14.5¢/kWh
Electricity Rate
5.3h/day
Peak Sun Hours
$57,517
Est. 25-Year Savings
Calculate Your Savings in Austin
Adjust Your Details for Austin, TX
$
$50$1,000
50010,000
5¢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
$2,064
Payback Period
7 years
25-Year Savings
$57,517
Return on Investment
400%
* Estimates based on 5.3 peak sun hours/day in Austin, TX, 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.
Local Solar Details for Austin
Utility & Permits
- Utility Company
- Austin Energy
- Permit Cost
- $375
- Permit Timeline
- 2-4 weeks
- Net Metering
- partial
System Estimates
- Recommended Size
- 7.6 kW
- Panel Count
- 19 panels
- Gross Cost
- $20,520
- Net Cost (after credits)
- $14,364
Available Incentives for Austin, TX
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.
Texas Solar Property Tax Exemption
The added home value from solar panels is exempt from property taxes.
Other Cities in Texas
More Solar Tools for Austin
Austin Solar IncentivesAll available tax credits and rebatesAustin Cost ComparisonSolar vs. grid costs over 25 yearsAustin System SizingHow many panels your home needsAustin Permits & RegulationsLocal permit requirementsIs Solar Worth It in Austin?Data-driven analysis for your cityAustin Financing OptionsCompare loans, leases, and PPAs
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