Texas Solar Panel Cost Guide
Texas offers strong solar potential with abundant sunshine and a growing solar market. While statewide incentives are limited, the federal tax credit and property tax exemption make solar a solid investment.
Solar Panel Cost in Texas
The average cost of a residential solar panel system in Texas is $22,000 before incentives for a typical 8 kW system. This works out to approximately $2.75 per watt.
After applying the 30% federal tax credit, the net cost drops to approximately $15,400. Additional state and local incentives may reduce this further.
Key Highlights for Texas Solar
Solar Incentives in Texas
Net Metering in Texas
Limited availability (varies by utility)
Net metering allows solar homeowners to send excess electricity back to the grid in exchange for credits on their utility bill. The availability and terms of net metering significantly impact solar economics.
Electricity Costs & Savings
The average electricity rate in Texas is $0.12/kWh. Based on typical solar production and local rates, homeowners can expect to save $1,800 – $2,400 annually on their electricity bills.
Over a 25-year system lifespan, total savings typically range from $45,000 to $60,000.