Cost & Savings Breakdown
Based on $150/month electric bill in Austin
System Size
6.6 kW
Annual Production
10,977 kWh
Gross System Cost
$18,137
Federal Tax Credit (30%)
-$5,441
State Incentive
-$1,000
Net Cost
$11,696
Monthly Savings
$122
CO₂ Offset/yr
10,099 lbs
25-Year Savings Projection
Utility & Net Metering
Local UtilityAustin Energy
Net Metering PolicyModified Net Metering
Compensation RateValue of Solar rate
Capacity LimitNone
Electricity Rate$0.133/kWh
Peak Sun Hours5.7 hrs/day
Available Incentives
30%
Federal ITC — Deduct 30% of your system cost from federal taxes. Available through 2032.
$1,000
Texas State Incentive — Texas offers a property tax exemption for the added home value from solar.
Common Questions
How much does solar cost in Austin?
Solar in Austin, Texas costs approximately $18,137 for a 6.6 kW system. After the 30% federal tax credit, your net cost is about $11,696.
What is the solar payback period in Austin?
The estimated payback period for solar in Austin is 8 years, based on a $150/month electric bill and local sun hours of 5.7 hrs/day.
Does Austin Energy offer net metering?
Austin Energy offers Modified Net Metering net metering. Value of Solar rate.