Texas Electricity Rates Up 4.0% This Year
Lock in your solar savings before rates climb higher. Get your free Irving quote today.
Irving homeowners typically save about $216/month on electricity after going solar. With Oncor rates up 4.0% this year, those savings only grow over time as you avoid future rate increases.
How much will I really save with solar panels?
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.
Why do solar savings increase over time?
Electric rates in Texas go up about 4.0% per year on average. Over 20 years, that compounds significantly. Solar locks in today's rates. Your $216/month savings today could be $324/month in 10 years if rates keep climbing.
How much do solar panels save over 25 years?
$52,606 over 20 years assumes 4.0% annual rate increases. Could be more if rates spike like they did in 2021-2023.
Irving Solar Savings Breakdown
Texas runs on the ERCOT grid, which means different rules than other states. Understanding how ERCOT handles solar power is key to maximizing your investment.
Metric
Your Estimate
System size
6.6 kW
Monthly savings
$216
Annual savings
$1,879
20-year savings
$52,606
Payback period
9.2 years
What Other Homeowners Say
From verified reviews: "Responsive when we had questions" - This is the experience we aim for with every Irving installation.
Frequently Asked Questions
Q: Will my electric bill be zero with solar?
A: Most Irving homeowners still have a small bill (connection fees), but production often exceeds usage.
Calculate your Irving savings
Related Resources
- Learn about solar cost in Irving
- Learn about solar roi in Irving
- Solar savings in Colleyville
- Solar savings in Rockwall
- Explore battery options in Irving
See our complete savings guide for Texas-wide information.
Ready to Go Solar in Irving?
Modern Electric helps Irving 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