Solar Savings Calculator for El Paso, TX
Homeowners in El Paso pay an average of $155/month for electricity through El Paso Electric. With 6.3 peak sun hours per day, solar panels can significantly reduce your energy costs.
$155
Avg Monthly Bill
13.8¢/kWh
Electricity Rate
6.3h/day
Peak Sun Hours
$53,437
Est. 25-Year Savings
Calculate Your Savings in El Paso
Adjust Your Details for El Paso, TX
$
$50$1,000
50010,000
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Your Estimated Solar Savings
System Size
6 kW
Panel Count
15 panels
Total System Cost
$16,200
Federal Tax Credit (30%)
-$4,860
Net Cost
$11,340
Annual Savings
$1,860
Payback Period
6.1 years
25-Year Savings
$53,437
Return on Investment
471%
* Estimates based on 6.3 peak sun hours/day in El Paso, 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 El Paso
Utility & Permits
- Utility Company
- El Paso Electric
- Permit Cost
- $325
- Permit Timeline
- 2-3 weeks
- Net Metering
- partial
System Estimates
- Recommended Size
- 6 kW
- Panel Count
- 15 panels
- Gross Cost
- $16,200
- Net Cost (after credits)
- $11,340
Available Incentives for El Paso, 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 El Paso
El Paso Solar IncentivesAll available tax credits and rebatesEl Paso Cost ComparisonSolar vs. grid costs over 25 yearsEl Paso System SizingHow many panels your home needsEl Paso Permits & RegulationsLocal permit requirementsIs Solar Worth It in El Paso?Data-driven analysis for your cityEl Paso Financing OptionsCompare loans, leases, and PPAs
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