Texas Electricity Rates Up 3.1% This Year
Lock in your solar savings before rates climb higher. Get your free Carrollton quote today.
Carrollton homeowners typically save about $137/month on electricity after going solar. With Oncor rates up 3.1% this year, those savings only grow over time as you avoid future rate increases.
Do solar panels actually save you money?
Your bill drops because you're generating your own power. Most of the day, your panels cover your usage. At night, you pull from the grid, but your net bill is way lower.
How do rate increases affect solar savings?
Electric rates in Texas go up about 3.1% per year on average. Over 20 years, that compounds significantly. Solar locks in today's rates. Your $137/month savings today could be $205/month in 10 years if rates keep climbing.
What is the average payback on solar panels?
$42,210 over 20 years assumes 3.1% annual rate increases. Could be more if rates spike like they did in 2021-2023.
Carrollton Solar Savings Breakdown
As part of the ERCOT grid, Texas solar owners have unique opportunities for grid services and buyback programs that aren't available elsewhere.
Metric
Your Estimate
System size
11.6 kW
Monthly savings
$137
Annual savings
$2,417
20-year savings
$42,210
Payback period
8.2 years
What Other Homeowners Say
From verified reviews: "Best decision we made for our home" - This is the experience we aim for with every Carrollton installation.
Frequently Asked Questions
Q: Will my electric bill be zero with solar?
A: Most Carrollton homeowners still have a small bill (connection fees), but production often exceeds usage.
Calculate your Carrollton savings
Related Resources
- Learn about solar cost in Carrollton
- Learn about solar roi in Carrollton
- Solar savings in Cedar Hill
- Solar savings in Mesquite
- Explore battery options in Dallas
See our complete savings guide for Texas-wide information.
Ready to Go Solar in Carrollton?
Modern Electric helps Carrollton 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