Texas Electricity Rates Up 4.9% This Year
Lock in your solar savings before rates climb higher. Get your free Haltom City quote today.
Haltom City homeowners typically save about $174/month on electricity after going solar. With Oncor rates up 4.9% 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 4.9% per year on average. Over 20 years, that compounds significantly. Solar locks in today's rates. Your $174/month savings today could be $261/month in 10 years if rates keep climbing.
What is the average payback on solar panels?
$36,843 over 20 years assumes 4.9% annual rate increases. Could be more if rates spike like they did in 2021-2023.
Haltom City Solar Savings Breakdown
The ERCOT-managed Texas grid creates distinct advantages for solar owners, including competitive retail electricity and grid services programs.
Metric
Your Estimate
System size
9.6 kW
Monthly savings
$174
Annual savings
$1,409
20-year savings
$36,843
Payback period
6.9 years
Frequently Asked Questions
Q: Will my electric bill be zero with solar?
A: Most Haltom City homeowners still have a small bill (connection fees), but production often exceeds usage.
Calculate your Haltom City savings
Related Resources
- Learn about solar cost in Haltom City
- Learn about solar roi in Haltom City
- Solar savings in Garland
- Solar savings in Cleburne
- Explore battery options in Houston
Get your free Haltom City solar quote
See our complete savings 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