Texas Electricity Rates Up 5.1% This Year
Lock in your solar savings before rates climb higher. Get your free Anna quote today.
Solar in Anna costs about $24,919 before incentives, dropping to $17,443 after the 30% federal credit. With Texas electricity rates up 5.1% this year, it's worth running the numbers for your home.
How much do solar panels cost for a 2000 sq ft home?
Equipment (panels, inverter, racking) is about 60% of that. Labor and permitting cover the rest. In Anna, installers charge $3.01/watt on average.
Why are electricity rates going up in Texas?
Texas electricity rates have jumped 23% over the past five years. Oncor territory has seen rates climb from around 10 cents to over 16 cents per kWh. Solar locks in your production at $0/kWh for 25+ years - that's real rate increase protection.
What factors affect solar panel pricing?
Roof type matters. Tile or metal costs more to install than composite shingle. Your roof's age and condition can add costs if repairs are needed first. System size is the biggest factor. More panels = higher cost, but also more savings.
Does Texas have a solar tax credit?
The 30% federal tax credit is the big one. On a $24,919 system, that's $7,475 back. Texas also exempts solar from property taxes.
Frequently Asked Questions
Q: What's the average solar cost in Anna?
A: $24,919 before incentives, $17,443 after the 30% federal credit. Q: How long until solar pays for itself in Anna? A: About 7.6 years based on current Oncor rates.
Related Resources
As part of the ERCOT grid, Texas solar owners have unique opportunities for grid services and buyback programs that aren't available elsewhere.
- Learn about solar roi in Anna
- Solar cost in Allen
- Solar cost in Colleyville
- Explore battery options in Houston
Get your free Anna solar quote
See our complete cost guide for Texas-wide information.
Ready to Go Solar?
Modern Electric helps Texas homeowners:
- Lock in savings before rates climb higher
- Earn $200-500/year from grid services with battery systems
- Get transparent pricing with no hidden fees
Learn More
- Texas Solar Battery Guide- Complete battery overview
- Texas Solar Incentives- All available tax credits and rebates
- Solar Companies in Texas- How to choose the right installer
How Much Can You Save With Solar in Texas?
Use our free savings calculator to see real costs, payback periods, and 25-year returns for Texas cities.