The sprawling size and sunny days of Texas make it one of the top states for solar energy. Thanks to the growing investment in renewable energy technology statewide, homeowners now enjoy a below-average cost of solar in Texas. Based on market research and data from top brands, we’ve found the average cost of solar panels in Texas to be $2.69 per watt. This means a 5-kW system would cost around $9,953 after the federal solar tax credit. This is especially valuable when you take into account the unpredictable Texas energy rates.
If you have the funds, paying in cash will maximize your long-term savings. For those without the necessary cash flow, a solar loan will make the most sense. Leases, for the most part, are still guaranteed to save you money, but they come with fewer benefits and less flexibility.
Avg. lifetime savings over 25 years (10 kW)
Avg. payback period
Avg. payback period
Avg. cost with tax credit (5-10 kW)
Avg. cost in TX
Avg. annual power production (10 kW)
Size of Solar Panel System
Texas Solar Panel Cost
Cost After Federal Tax Credit
5kW
$13,450
$9,953
6kW
$16,140
$11,944
7kw
$18,830
$13,934
8kw
$21,520
$15,925
9kw
$24,210
$17,915
10kW
$26,900
$19,906
Cash purchased Before 26% solar tax credit
Financed Before 26% solar tax credit
Leased Estimate for average lease cost
Long, sunny days and below-average solar installation costs make Texas one of the best states in the U.S. for generating energy with solar panels.
Solar panels increase home value everywhere, but mostly in areas with generous net metering policies and solar rebates. Your area may not appreciate as much as some TX cities.
Energy usage dictates solar system size and cost. The higher your energy usage, the greater your solar needs will be.
Solar panel efficiency varies depending on your latitude — the further south you are in the U.S., the more you’ll get out of a small system. The best way to determine whether your home is a good fit for solar electricity is to contact a solar installer in your area. A solar energy specialist can come to take a look at your home and give you a custom recommendation.
Solar panel efficiency can convert over 20% of the sunlight’s energy into electricity, especially if your roof is obstructed by little shade and faces south or west.
Here’s a chart outlining some of the 100% renewable energy plans available in Texas to give you a general overview of what’s out there. Plans are based on cents per kilowatt (kWh) at a monthly household usage of 2,000 kilowatts.
Gexa Saver Deluxe 12
12
6.9
Gexa Saver Supreme 12
12
7.3
Gexa Saver 12
12
7.8
Gexa Saver Save Select 12
12
9.0
Gexa Saver Value 12
12
12.1
Gexa Saver Freedom 12
12
12.2
Gexa Saver Freedom 36
36
12.2
Gexa Saver Premium 12
12
13.5
Gexa Saver Premium 24
24
13.5
Gexa Superb Saver 12
12
14.8
Green Mountain Pollution Free e-Plus 12
12
11.1
Green Mountain Pollution Free e-Plus 24
24
11.3
Lone Star Green 12
12
11.9
Lone Star Green 24
24
11.6
Lone Star Green 36
36
11.2
Rhythm Texas Breeze 12
12
11.3
Rhythm Texas Breeze 24
24
10.6
Rhythm Texas Breeze 36
36
10.2
Gexa Saver Deluxe 12
12
6.9
Gexa Saver Supreme 12
12
7.3
Gexa Saver 12
12
7.8
Gexa Saver Save Select 12
12
9.0
Gexa Saver Value 12
12
12.1
Gexa Saver Freedom 12
12
12.2
Gexa Saver Freedom 36
36
12.2
Gexa Saver Premium 12
12
13.5
Gexa Saver Premium 24
24
13.5
Gexa Superb Saver 12
12
14.8
Green Mountain Pollution Free e-Plus 12
12
11.1
Green Mountain Pollution Free e-Plus 24
24
11.3
Lone Star Green 12
12
11.9
Lone Star Green 24
24
11.6
Lone Star Green 36
36
11.2
Rhythm Texas Breeze 12
12
11.3
Rhythm Texas Breeze 24
24
10.6
Rhythm Texas Breeze 36
36
10.2
by year placed in service
*for commercial installations only
The information on our website is general in nature and is not intended as a substitute for competent legal, financial or electrical engineering advice. As forecasting solar savings involves assumptions about future electricity prices you should be aware such estimates are inherently uncertain.
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