Frisco, TX Solar Panels
Solar Power in Frisco
Frisco homeowners are discovering that solar energy is more than just an environmental choice—it’s a smart financial decision. With Texas electricity prices increasing 28% from 2020 to 2024, many residents are exploring solar panels for their homes as a way to take control of rising energy costs.
This guide walks you through everything you need to know about solar installation in Frisco, from understanding local incentives to choosing the right system for your home.
How Much Do Solar Panels Cost in Frisco, TX?
Our calculator uses real installation data from Frisco homes—including neighborhoods like Starwood, Hunters Glen, and Preston Highlands—to show you accurate solar costs. Get personalized estimates based on what your neighbors actually paid, not generic national averages.
System
Cost
Savings
You can still access the solar tax credit through Palmetto. Talk to us today to find out how.
Key Takeaways
- Frisco enjoys abundant sunshine year-round with 5.4 peak sun hours daily, making it an excellent location for solar energy generation.
- Texas electricity rates increased 23% from 2021 to 2024, while solar panels lock in predictable energy costs for decades.
- A typical 10 kW system in Frisco generates about 15,195 kWh annually, potentially saving homeowners around $80,000 over 25 years.
Frisco Electricity Prices
Understanding your electricity costs is essential when considering solar energy. Here’s what Frisco homeowners should know about recent rate trends.
Texas electricity rates have climbed from 12.1 cents per kWh in 2021 to 14.9 cents in 2024—a 23% increase in just three years. For the average Frisco household, this translates to hundreds of dollars in additional annual energy expenses.
Solar panels generate electricity at a fixed cost, helping homeowners offset purchases from the grid. As utility rates continue rising, the energy your system produces maintains the same value, creating a natural hedge against future increases.
Over a typical 25-year system lifespan, solar can shield your household from decades of rate fluctuations. Many Frisco homeowners find that this long-term price stability makes solar a practical complement to their overall financial planning.
Price of Energy: Texas vs National Average
Frisco Area Utility Providers
Understanding your electricity costs is the first step in evaluating solar energy for your Frisco home. Denton County Electric Cooperative serves the area with rates averaging 12.8¢ per kWh in 2023—notably below both state and national averages.
Frisco residents benefit from below-average electricity rates compared to Texas (14.50¢) and the nation (16.0¢). This reflects efficient cooperative operations and North Texas’ diverse energy infrastructure, though rates have steadily climbed as regional demand increases.
Even with competitive rates today, locking in predictable energy costs matters. Solar panels allow Frisco homeowners to generate their own electricity at a fixed cost, providing protection against future rate increases while reducing monthly utility bills over time.
Frisco Utilities Electricity Rates
Texas Solar Incentives
Going solar in Frisco comes with valuable financial benefits. Texas offers solar incentives in Texas that help reduce your upfront costs and ongoing expenses.
Frisco residents can benefit from a property tax exemption that prevents your home’s value increase from solar panels from raising your property taxes. Additionally, most local utilities offer net metering programs that credit you for excess energy your system produces.
These incentives can significantly impact your solar investment’s return. Research current programs carefully, as policies and availability can change throughout the year.
| Incentive | Type | Description | Source |
|---|---|---|---|
| Property Tax Exemption | State tax exemption | No property tax increase from solar installations. Example: $20k system saves ~$400/year at 2% tax rate. | Learn More |
Texas offers a property tax exemption for solar and wind-powered energy devices installed on your property. This exemption prevents your local appraisal district from adding the value of your solar energy system to your property’s assessed value for tax purposes. Without this exemption, installing solar panels could increase your property taxes since they add value to your home. With the exemption in place, you won’t pay any additional property taxes on the increased value that your solar installation brings to your property.
To qualify for this exemption, you must own the solar energy device and it must be installed on property you own in Texas. You’ll need to file Form 50-123 (Exemption Application for Solar or Wind-Powered Energy Devices) with your county appraisal district. The general deadline for filing exemption applications is before May 1st. Since property tax is assessed and administered locally in Texas rather than at the state level, your specific savings will depend on your local property tax rate and the added value of your solar system. Contact your local county appraisal district to learn more about how to apply and what documentation you’ll need to provide.
Net metering and net billing policies in Texas vary significantly by utility provider, as the state operates a deregulated electricity market in most areas. Unlike traditional net metering where excess solar energy is credited at full retail rates, most Texas utilities now offer net billing programs that credit exported solar energy at lower wholesale rates, typically ranging from 3 to 8 cents per kilowatt-hour. The specific compensation you receive depends on your local utility or the Retail Energy Provider (REP) you choose in deregulated areas.
In deregulated areas served by major transmission and distribution utilities like Oncor (Dallas), CenterPoint (Houston), AEP Texas, and TNMP, homeowners typically work with REPs like Shell Energy, which offers a buyback plan crediting exports at 7 cents per kWh as of April 2024. These credits reduce your current month’s bill, with excess credits rolling over month-to-month but forfeiting each December without payout. Some municipal utilities and cooperatives offer monthly net metering with 1:1 credit for exports, though any excess generation beyond monthly consumption is typically valued at lower avoided-cost rates. Notable exceptions include Grayson Collin Electric Cooperative, which offers true 1:1 net metering with credits that carry over year to year, and Austin Energy, which uses a unique “Value of Solar” rate of 9.91 cents per kWh for all production.
Eligibility generally requires installing an approved solar system and enrolling in your utility’s distributed generation program. Important considerations include monthly fees that vary by provider—some utilities charge distributed generation fees ranging from $10 to $30 per month, while REPs may add their own monthly charges around $4.95. Most programs settle monthly with no annual true-up, meaning excess credits don’t accumulate long-term value. Before installing solar, contact your specific utility or REP to understand their current compensation rates, as these can change annually and significantly impact your solar investment’s financial return.
Ready to start saving with solar?
Speak with a Palmetto solar expert to find out exactly how much you can save with Texas incentives.
Get a Free QuoteFrisco Solar Irradiance
Solar panel production varies throughout the year based on daylight hours, weather patterns, and sun intensity. Understanding how seasons affect your solar system helps set realistic expectations for your investment.
Frisco enjoys abundant sunshine year-round, with hot summers maximizing production. While occasional storms pass through, North Texas receives excellent solar irradiance, making it ideal for solar energy generation.
Solar Production in Frisco by Month
What Can Your Solar System Power?
Summer Production (July)
In July, your 10 kW system could power:
- 3.6 average homes (15 kWh/day per home)
- or Run central AC for 18 hours AND power all other appliances
- or Fully charge 5.4 Tesla Model 3 electric vehicles
Winter Production (December)
In December, your 10 kW system could power:
- 2 average homes (15 kWh/day per home)
- or Keep your home heating system running for 15 hours
- or Fully charge 3 Tesla Model 3 electric vehicles
Annual Production
Over a year, your 10 kW system could:
- Offset 10 tons of carbon dioxide emissions
- or Equal the environmental benefit of planting 175 trees
- or Save approximately $4,234 in electricity costs
Want to know exactly how much solar can power your home?
Get a personalized solar analysis based on your actual home, energy usage, and roof characteristics.
Get My Custom EstimateSolar Panel Systems in Frisco
We’ve mapped every solar installation across the United States to help you explore clean energy adoption in your area. Discover which Frisco neighborhoods are leading the way—your community might surprise you!
Leasing Solar Panels
Frisco residents have access to flexible solar financing through Palmetto’s LightReach program. Since Frisco is served by Oncor Energy (Dallas), homeowners can choose a Power Purchase Agreement (PPA), which means you pay only for the electricity your solar panels produce at a set rate per kilowatt-hour—typically lower than your current utility rate.
With a PPA, you avoid the upfront costs of purchasing a system while still enjoying immediate savings on your electricity bills. Palmetto handles all maintenance and monitoring, so you don’t need to worry about repairs or system performance. This makes solar accessible without the financial commitment of ownership.
Compared to paying cash upfront and managing maintenance yourself, a PPA offers predictable monthly costs and professional system care. Learn more about whether buying or leasing solar is right for you, or explore how LightReach can help you start saving today without the investment.
Go solar without the investment
With LightReach, there are no investment costs to recoup, loan payments to manage, or maintenance needs to take on. As soon as your panels are active, your solar savings are too!
Learn MoreFrequently Asked Questions
Yes, solar makes strong sense in Frisco. With 5.4 peak sun hours daily and Texas electricity rates climbing 23% since 2021, solar panels offer both excellent energy generation and protection against rising utility costs.
A typical 10 kW system in Frisco generates about 15,195 kWh annually, potentially saving homeowners around $80,000 over 25 years. Combined with Texas’ property tax exemption for solar installations, the financial case is compelling for most Frisco homeowners.
Frisco is served by Oncor Energy (Dallas), which offers a net billing program through Shell Energy’s Buyback Plan rather than traditional net metering. Excess solar energy exported to the grid receives a credit of 7 cents per kWh (as of April 2024).
These credits reduce your current month’s bill, with any unused credits rolling over month-to-month. However, all accumulated credits are forfeited each December without payout. Shell Energy also charges a $4.95/month fixed fee in addition to Oncor’s transmission charges.
Yes, solar panels typically increase home value in Frisco. A Zillow study found that homes with solar panels sell for 4.1% more than comparable homes without them.
In Frisco’s competitive real estate market, solar panels offer buyers immediate electricity savings and protection against rising utility rates. Texas’ property tax exemption means your solar installation won’t increase your property taxes, even though it adds value to your home.
Solar panel costs in Frisco typically range from $20,256 for a small home system (6.97 kW) to $35,795 for a large home system (13.04 kW), with an average medium-sized system (9.72 kW) costing around $27,296.
These prices reflect the total system cost at approximately $2.75-$2.91 per watt. Your actual cost depends on your home’s energy needs, roof characteristics, and system size required to offset your electricity usage.
For most Frisco homeowners, solar makes strong financial sense. With Texas electricity rates climbing 23% since 2021 and averaging 14.9¢ per kWh, solar panels lock in predictable energy costs while generating savings.
A typical medium-sized system costs around $27,296 and could save approximately $80,000 over 25 years. The payback period averages 10.5 years, with monthly savings of about $184. Texas’ property tax exemption further improves the financial return by preventing your solar installation from increasing property taxes.
At Palmetto Solar, we’ve completed over 3,810 installations across Texas since 2020, bringing our national experience to local communities like Frisco. We offer competitive financing options and work with trusted installation partners to ensure quality workmanship.
Our approach combines transparent pricing, professional project management, and ongoing system monitoring. From your initial consultation through activation, we handle permitting, inspections, and utility coordination, making the solar transition straightforward for Frisco homeowners.