Cost of Solar Panels in Texas
The price of solar energy has fallen drastically by over 80% since 2010. Which has been a critical factor in the increasing adoption of solar energy in Texas, where there is enough solar panels installed to power over 1.8 Million homes!
But how much does it cost it install solar panels in Texas? And How long does it take for them to pay off themselves? Discover the answer to these questions and more in this short guide to the cost of solar panels in Texas.
Or if your prefer not to wait, you can receive a customized solar quote that will breakdown you solar options, for free! Start here.
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How Much Do Solar Panels Cost In Texas?
The average cost of solar panels in Texas in 2023 is between $12,899, which is around $2.77 per watt. But truly can cost anywhere between $10,000 - $15,000, depending on your solar needs.
For example, a 6KW solar energy system costs an estimated range of $16,620 before incentives and $12,899 after applying Texas solar incentives. This shows that the net price spent on solar systems can drastically fall by thousands of dollars after applying incentives and federal investment tax credits.
Below is a table showing the cost of solar panels based on the size of the solar panel system and system cost after the Federal Tax Credit.
| System size* | Average cost (before tax credit) | Average cost (after tax credit) |
|---|---|---|
| 4 kW | $11,080 | $7,756 |
| 5 kW | $13,140 | $9,890 |
| 6 kW | $16,620 | $11,634 |
| 8 kW | $22,160 | $15,512 |
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3 Factors That Determine the Cost of Solar Panels in Texas
On average, you can expect your solar panels to pay for themselves in about 10-13 years. But in Texas, some solar energy systems pay themselves off, with the energy savings, in less than 10 years. Solar Panels in Texas work extremely well because of the ideal weather conditions. On average, Texas has over 300+ sunny days per year. That's a whole lot of sun which could be a whole lot of solar power! ????
But how quickly your return your investment into solar depends on many factors. How much you pay for your solar power system is a big one. How you take advantage of the excess energy your solar panels generate, is also a factor that can increase your rate of return. Here are the top 3 factors that go into the cost of installing solar panels in Texas.
P.S. If you live in Austin or Houston, check out these articles for the local incentives and solar rebates that can reduce the cost of solar panels in these cities.
The Cost of Solar Panels in Houston, TX
The Cost of Solar Panels in Austin, TX
1: Solar Panel Company: Your Choice of Brand & Quality
As a resident of the great state of Texas, you have Solar Energy Rights which means you have a choice of the solar installation company you want to work with and the types of solar panels you want to buy.
Which solar panel company you work with is one factor that determines how much you pay for solar. As a homeowner, you have a wide range of companies to choose from. Ensure to do your due diligence in selecting a solar company with transparent pricing, integrity, and honesty. Contact us for consultation if you need expert advice on choosing a solar panel brand. We help you eliminate guesswork from solar panel installation and provide you the best options for your solar needs.
Learn what solar panels are best for your home or business!
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2: Solar Panel Equipment and Solar System Size
There are two types of solar panels, monocrystalline and polycrystalline. Both have varying price ranges and qualities, each with distinct features. The bigger your solar panel is, the more solar power it can generate and likely at a premium. Depending on the number of solar panels, the solar system size, if your include solar batteries or not, will effect your solar costs and solar installation cost.
How much energy you and your family or business use is worth considering when looking at solar power systems. You also want to maximize your roof space so that you can generate as much solar power as possible, while staying within your budget. In recent year, many homeowners have took to the ground for their solar panels and installed solar systems on their personal land, to increase their electricity generated from solar panel systems.
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3: Texas Solar Incentives, Rebates, and Discounts in 2023
The best thing you can do as a solar owner or potential solar owner, is to find out which Texas solar incentives, rebates, and discounts are available to you. Some of the top incentives to look for are the Federal Solar Investment Tax Credit, Property tax exemption, solar leases, and no cost solar programs in Texas.
Read also: The Complete Guide to Texas Solar Incentives
If you don't wish to through all of the solar incentives and discounts available in Texas, you can see exactly which solar incentives and discounts you qualify for, for free. Start with your zip code below!
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Additional Factors Of The Cost Of A Texas Solar System
As you can see, there are many factors that can increase or decrease solar panel cost in Texas. A few other factors that dictate the cost of solar panels include warranties, permits, interconnections, HOAs, and environmental zoning. These are all key basis cost issues that need to be considered before going solar.
There are also a few solar panel purchasing options to consider. Leasing solar panels has become more popular in recent years as a way to install solar panels with little or no up front cost. If the cost of the lease is less than your electric bill, then it may make good sense for your situation.
Power Purchasing Agreements can help you get solar panels installed for free in some situations. In this agreement, a solar power company will install the solar panels for you, and you can buy the energy produced from that solar system for a fixed price, less then your current electric costs. This is a good way to protect against inflation and power your home, for less.
Get Expert Help on Solar Installation in Texas
Are you looking for professional help to decide the size, brand choice, and best financing option while going solar in Texas? Get the best deal on solar panels in Texas. Start today with a free customized solar quote.
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The average cost of solar panels in Texas in 2023 is between $12,899, which is around $2.77 per watt. But truly can cost anywhere between $10,000 - $15,000, depending on your solar needs. Read more
For a 2000 Sq ft home in Texas, a 6kW system could generate enough power for your home and appliances. This is about 15 common 400W solar panels. Get a custom solar quote.
