Texas
In This Guide
Solar in Texas
Looking to harness Texas’ abundant sunshine with home solar panels? With electricity prices in Texas rising 28% since 2020, more homeowners are discovering the financial benefits and energy independence that solar provides.
As the Lone Star State climbs to 7th nationally for residential solar installations, now is the perfect time to understand how solar installation works in Texas’ unique energy landscape.
Key Takeaways
- Texas ranks 7th nationally for residential solar with abundant sunshine, rising electricity prices, and incentives making it an ideal state for solar installation.
- The average solar system in Texas pays for itself in 7 years and saves homeowners approximately $91,345 over the 25-year system lifetime.
- Texas offers valuable solar incentives including property tax exemptions and the 30% federal tax credit, saving homeowners an average of $8,189.
Solar Cost in Texas
Discover the true cost of solar installation in Texas with our calculator powered by real installation data from Houston, Austin, Dallas, and more. Palmetto’s transparent, local insights help you make informed decisions about clean energy for your home.
Texas Electricity Prices
Texas utility companies offer varying electricity rates, mostly below the 2023 national average of 16.0¢/kWh. Understanding these costs helps homeowners make informed energy decisions, especially when considering solar alternatives.
Most Texas utilities maintain rates below both state (14.50¢/kWh) and national averages, with Magic Valley Electric offering the lowest at 10.30¢/kWh. Only Xcel Energy exceeds the state average at 14.7¢/kWh.
While Texas electricity rates remain competitive, they’ve increased significantly since 2020. Solar installation provides a fixed-cost alternative that can shield homeowners from future utility rate hikes while leveraging Texas’ abundant sunshine.