Average Cost Of Installing Solar Panels In Texas

If you re a cps energy customer you can receive up to 1 20 w of solar panels that you install on your roof.

Average cost of installing solar panels in texas.

Plus you re eligible for austin energy s value of solar tariff which pays you 0 097 for every kilowatt hour kwh your solar panels can generate. As of september 2020 the average solar panel cost in texas is 2 76 w. Below are cost estimates based on home size. A typical 6kw system costs 11 544 after claiming the 26 solar tax credit.

Given a solar panel system size of 5 kilowatts kw an average solar installation in texas ranges in cost from 11 730 to 15 870 with the average gross price for solar in texas coming in at 13 800. The average cost for an installed residential solar system in texas is currently 11 557 after claiming the 26 federal solar tax credit. On a cost per watt w basis a solar panel installation in texas ranges in price from 2 35 to 3 17. Like austin energy the value of the incentive drops as more solar is.

However most installers estimate solar costs by the amount of energy needed at 2 53 to 3 15 per watt before any tax credits or incentives. From texas data it is shown that the average cost of a solar panel installation ranges from 11 730 to 15 870. This is 2 60 per watt. Solar panel cost in texas.