Cost of solar in El Paso, TX

Electricity Consumption in El Paso

Electricity Consumption by Texas residents averages 1168 kWh per month. It ranks #13 in the nation for savings from installing solar panels on the home.

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Solar power in El Paso, Texas

El Paso is one of the luckier cities in Texas since El Paso Electric offers net metering for its customers that choose to install solar. After the the 30% federal solar tax credit solar on average is down to about $2 a watt which is very cheap! Even after the huge discount on your system the net metering giving you 1 for 1 credit for your power exported to the grid makes the payback time very short especially compared to the rest of the state. Get in now while these incentives are around!

Even if you are not convinced about solar we recommend that at the very least you use the solar panel calculator to find out:

 

Estimate your solar savings

 

Solar power in Texas

The average cost of installing residential solar panels in El Paso, Texas in 2018 is $3.56 per watt. The average system size in the US is 6 kilowatts, which means the average price of a solar system in El Paso, TX is $17,800. (before claiming 30% tax credit and other rebates)

What does the cost of a real solar system look like?

Facts about installing a 5.59kW solar system in El Paso, TX

This system would offset 100% of your energy usage if your typical monthly bill is $118, however your situation may vary so try our solar calculator to get a result tailored to you.

$14,126

Net cost of system
Cash - after 30% solar tax credit

8 Years 5 Months

Average payback time

9,076
kWh

Annual power production


/kWh

levilized cost of solar energy

28¢
/kWh

If you don't get solar
The forecast average utility price over the next 25 years

Cash flow graph based on cash purchase of this 5.59kW system

Life-time savings on this system over the next 25 years

$42,572

(Prices shown after repayments of capital)

 


 

Solar companies in El Paso, TX that provide pricing through the Solar-Estimate marketplace

31

 


Solar calculator and quote comparison tool

Average total cost of solar panel installation in Texas

System Size Cash purchase
After 30% solar tax credit
Financed purchase
After 30% solar tax credit
3kw $8,190 $8,845
4kw $10,612 $11,461
5kw $12,880 $13,910
6kw $14,952 $16,148
7kw $16,905 $18,257
8kw $18,704 $20,200
9kw $20,349 $21,977
10kw $21,840 $23,587

 

Design your own solar panel system for your home

Going solar in Texas

Check out all of the ways energy providers of Texas can help you be more energy efficient and save money.

The following programs are available:
Incentive Name Eligibility Type
Residential Renewable Energy Tax Credit Federal Personal Tax Credit
Find your local rebates and incentives

Please keep in mind that the best source of up-to-date information on incentives are the solar installers who specialize in your area.