Is Solar Worth it in Austin?
While electricity in Austin is currently affordable, your abundance of sun hours means a solar system produces massive amounts of energy, keeping your long-term costs strictly controlled.
Homeowners in Austin are currently paying an average of 14.3 cents per kWh. Solar is a solid long-term bond, beating inflation in Texas while immediately increasing your home's resale value.
With the Federal Solar Investment Tax Credit (ITC) currently set at 30%, a typical 6kW to 10kW residential system in the 73301 area can typically pay for itself in just 7.5 to 9 years. After this "break-even" point, your system generates effectively free electricity for the remainder of its 25-year lifespan.
Key Austin Statistics
- Avg Rate: 14.3¢ / kWh
- Sun Exposure: High (Southern US)
- Est. Payback: 7.5 Years
- Incentive: 30% Federal ITC
State Incentives for TX
Beyond the federal credit, residents of Austin should check for local net metering policies offered by their specific utility provider. These policies determine how much you get paid for sending excess energy back to the grid.