Solar power in Fort Worth, Texas
Oncor offers a $1,001 per kW rebate for installing solar on your home or business. Even if you buy your power from another company you can still receive the rebate because most of the lines are owned by Oncor.
Programs this generous tend not to last long, so don't wait!
The average cost of installing residential solar panels in Fort Worth,
Texas in 2024 is
$2.52 per watt. The average system size
in the US is 6 kilowatts, which means the average price of a solar system
in Fort Worth, TX
is $12,600.
(after claiming 26% tax credit and other rebates)
The 26% federal solar tax credit explained
If you have a federal income tax liability, 26% of the cost of your solar system can be claimed as a deduction to your taxes. This incentive is claimed when you do your taxes. In order to receive the tax credit quicker it's best to do your taxes as soon as possible after installation.
What if my tax liability is less than 26% of my systems costThere is the option to claim this incentive over several years if your tax liability is less than 26% of the system cost.
How much will solar panels on my home save me?
The answer to this question depends on your electricity usage. Generally speaking the greater your power usage the greater the potential savings from installing solar.
The average monthly usage in Texas is only 1168kWh per month however, you are most likely using a lot more than this since this average includes condos and small apartments.
The Fort Worth solar panel savings calculator below will convert your monthly power spend into power usage (in kWh's) and then work out exactly how many solar panels you need to offset your usage, how much they will cost based on the prices of local solar companies and the amount you will save. Our Texas solar savings calculator can do this because it contains a database of the electric rates charged by Denton County Elec Coop Inc, Tri-County Electric Coop Inc, United Electric Coop Service Inc, Oncor Electric Delivery (formerly TXU), TXU Energy Retail Co LP, Reliant Energy Retail Services
How much can solar panels save you in Fort Worth
What does the cost of a real solar system look like?
Facts about installing a 12.55kW solar system in Fort Worth, TX
This system would offset 100% of your energy usage if your typical monthly bill is $213, however your situation may vary so try our Fort Worth solar calculator to get a result tailored to you.
$20,176
Net cost of system
6 Years 10 Months
Average payback time
17,874 kWh
Annual power production
5¢/kWh
Levelized cost of solar energy
25¢/kWh
If you don't get solar
Cash flow graph based on cash purchase of this 12.55kW system
Life-time savings on this system over the next 25 years
$84,590
(Prices shown after repayments of capital)
52
Solar companies in Fort Worth, TX that provide pricing through the SolarEstimate marketplace.
Average total cost of solar panel installation in Fort Worth
| System Size |
Cash purchase After 26% solar tax credit |
Financed purchase After 26% solar tax credit |
|---|---|---|
| 3kw | $5,972 | $6,450 |
| 4kw | $7,785 | $8,408 |
| 5kw | $9,546 | $10,310 |
| 6kw | $11,189 | $12,084 |
| 7kw | $12,795 | $13,818 |
| 8kw | $14,267 | $15,409 |
| 9kw | $15,718 | $16,975 |
| 10kw | $17,020 | $18,382 |
Find out what system size you need for your home
Going solar in Texas
Check out all of the ways energy providers of Texas can help you be more energy efficient and save money.
The following programs are available:
| Incentive Name | Eligibility | Type |
|---|---|---|
| Residential Renewable Energy Tax Credit | Federal | Personal Tax Credit |
| Renewable Energy Property Tax Incentive | State | Property Tax Incentive |
| Oncor Electric Delivery - Solar Photovoltaic Standard Offer Program (Waitlist) | Utility | Rebate Program |
| Coserv - Solar Energy Rebate | Utility | Rebate Program |
Find your local rebates and incentives
Please keep in mind that the best source of up-to-date information on incentives are the solar installers who specialize in your area.
