Is Solar Worth it in Texas

Is Solar Worth It In TX

Did you know solar prices in Texas have fallen over 53% in the last decade? That’s according to the Solar Energy Industries Association (SEIA), a leading figure in the global push toward residential and commercial solar adoption.

That’s excellent news for any Texan with a good eye for investments. As the value of solar continues to rise and the prices continue to fall, the EcoGen America team keeps hearing the same question: “Is solar worth it in Texas?” Let’s get to the bottom of it. In this article, we’re going to explore why Texas solar panels are a no-brainer, what solar installation costs you can expect, how much money solar can save you, and what environmental benefits you’ll provide by making the switch.

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The Cost of Installing Solar in Texas

According to SEIA’s Texas Solar report, the Lone Star State is poised to become a national leader in solar energy, with state policies removing more and more market barriers and an expected 4 GW of capacity to be installed over the next few years. That means Texas is the top-ranking state for solar growth projection.

Better yet, solar in Texas is cheaper than the national average. A solar power system will run between Texans $10,482 to $12,811on average, according to SolarReviews, and around $2.50 to $3.05 per watt. Compare even the highest end of that range to the whopping $20.4 per kWh charged by the average Texas utility company.

As of November 2022, most Texans only paid $11,647 for their complete system and $2.77 per watt after taking the 30% federal solar tax credit into account. In other words, if you’re lucky enough to live in the Lone Star State, then you’re in one of the most promising areas for solar, and you can take advantage of some of the best prices in the nation.

What are the Financial Benefits of Using Solar in Texas?

The wonderful thing about solar is that it isn’t a sacrifice to lead a greener lifestyle — it’s an investment, and a great one! When you install your solar panel system, you’re going to see the dividends on energy bills for the rest of your life. More than that, excess energy production can be sold back to utility companies, acting as a source of income.

Over the next 25 years, SolarReviews estimates that Texans who go solar can save $61,774 by avoiding traditional utility power — and can net $13,561 in pure profit from their solar installation. It’ll also boost the resale value of your home!

So, is solar worth it in Texas? Yes. It discounts your bills, pays you for excess energy, and the federal government will cover 30% of the price if you take advantage of the solar tax credit.

How Does Going Solar Help the Environment?

Modern Americans use a lot of energy to maintain their lifestyles, and we’re often stuck behind a veil of deniability since we don’t directly see the fuel-burning, smoke-emitting, carbon-releasing consequences of our otherwise innocent routines.

By going solar, you don’t just see your energy bill go down; you also become self-sufficient and realize that you’re creating your own power from renewable sources — rather displacing it to nonrenewable sources and paying a premium for it.

That means you’re joining the growing group of residents who are opting out of a nonrenewable energy system and making a brilliant investment in solar. It helps the world, it helps Texas, it helps the future, and it helps you.

Are Solar Panels Expensive to Take Care of in Texas?

No, and even if they were, it wouldn’t be a drop in the ocean of that $61,774 of savings over the next 25 years we mentioned earlier. But thankfully, solar panels require very little upkeep. It’s rare that they suddenly wear out or cease functioning because they aren’t particularly dynamic; they just sit on your roof with minimal friction or moving parts.

The only thing you need to look out for is a loss of efficiency over time. The sun and air exposure have a small effect on the components that make the panels run. A rough estimation is about a 1% loss in efficiency per year, and most systems will remain incredibly cost-saving and profitable for the next few decades. So, just like a house, your solar panel system might need a facelift after a few decades in the elements — but it will always make up for its value.

How Do I Get Started?

So, is solar worth it in Texas? Yes, yes, and yes! By installing a solar panel system while the prices are still so far below the national average, you can help the environment and your financial future.

Want to learn more? Let us do the heavy lifting. Contact EcoGen America to start saving with solar today!

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Is Solar Worth it in Texas?

According to SEIA’s Texas Solar report, the Lone Star State is poised to become a national leader in solar energy, with state policies removing more and more market barriers and an expected 4 GW of capacity to be installed over the next few years. That means Texas is the top-ranking state for solar growth projection.

Better yet, solar in Texas is cheaper than the national average. A solar power system will run between Texans $10,482 to $12,811on average, according to SolarReviews, and around $2.50 to $3.05 per watt. Compare even the highest end of that range to the whopping $20.4 per kWh charged by the average Texas utility company.

How Does Going Solar Help the Environment?

By going solar, you don’t just see your energy bill go down; you also become self-sufficient and realize that you’re creating your own power from renewable sources — rather displacing it to nonrenewable sources and paying a premium for it.

That means you’re joining the growing group of residents who are opting out of a nonrenewable energy system and making a brilliant investment in solar. It helps the world, it helps Texas, it helps the future, and it helps you.

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