Texas Electricity Rates Up 4.3% This Year
Lock in your solar savings before rates climb higher. Get your free El Paso quote today.
Solar in El Paso pays for itself in about 6.3 years, then delivers 201% ROI over 25 years. That's a solid investment by any measure, especially considering the rate increase protection.
What is the average payback period for solar panels?
Net cost of $22,267 divided by $1,982 annual savings = 6.3 years. After that, every kWh your panels produce is pure profit.
What is the ROI on solar panels?
201% return over 25 years beats most index funds. And solar is less volatile - your panels produce the same amount regardless of market conditions.
How much value do solar panels add to a home?
Studies show solar adds about 4% to home value. On a $400k home in El Paso, that's $16k. Homes with solar also sell faster - buyers like lower energy bills.
El Paso Solar ROI Summary
Investment | Return
As part of the ERCOT grid, Texas solar owners have unique opportunities for grid services and buyback programs that aren't available elsewhere.
Net cost (after credit)
$22,267
Annual savings
$1,982
Payback period
6.3 years
25-year ROI
201%
Frequently Asked Questions
Q: Is solar a good investment in El Paso?
A: Yes. 6.3-year payback with 201% ROI over 25 years beats most alternatives.
Related Resources
- Learn about solar cost in El Paso
- Learn about solar savings in El Paso
- Solar roi in San Angelo
- Solar roi in Abilene
- Explore battery options in Dallas
See our complete roi guide for Texas-wide information.
Ready to Go Solar in El Paso?
Modern Electric helps El Paso 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 Battery Guide- Complete battery overview
- Texas Solar Incentives- All available tax credits and rebates
Texas Solar Incentives- All available tax credits and rebates
- Solar Companies in Texas- How to choose the right installer
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.