Utility asset POC · Solar savings calculator

Solar Panel Savings Calculator — Austin, TX

See how much you could save with rooftop solar in Austin. No sign-up required — adjust the inputs and see your estimate instantly.

Last verified: 2026-04-12 Sources linked below
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Estimate your solar savings

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Your solar production in Austin

5.07 avg peak sun hours/day

3.8
Jan
4.4
Feb
5.2
Mar
5.7
Apr
5.9
May
6.4
Jun
6.5
Jul
6.5
Aug
5.8
Sep
5.2
Oct
4.2
Nov
3.7
Dec

Monthly avg solar radiation (kWh/m²/day) — Austin, TX. Bars update to show estimated kWh production when you use the calculator above.

Austin Energy electricity rate

$0.135/kWh residential

Utility
Austin Energy
Residential rate
$0.135/kWh (blended)

Austin Energy offers a Value of Solar Tariff (VOST) for net metering customers at approximately $0.097/kWh for exported energy — higher than the statewide average buyback rate. The blended savings rate used here reflects avoided retail purchases.

Source: Austin Energy residential rate schedule (URDB) — includes base energy charge + fuel charge + distribution rider

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Available solar incentives in Austin, TX

Federal + state + utility

Incentive Type Value Scope
Federal Solar Investment Tax Credit (ITC) Tax Credit 30% of system cost Federal
Texas Solar Property Tax Exemption Exemption 100% of added home value from solar State
Austin Energy Value of Solar Tariff (VOST) Net Metering ~$0.097/kWh for exported solar energy Utility

Incentive amounts and eligibility rules change. Verify current terms with your installer and a tax professional before installation.

Cost breakdown (6 kW default)

Gross system cost
$17100
Federal ITC (30%)
−$5130
Net system cost
$11,970
Installed cost per watt
$2.85/W

Lawrence Berkeley National Laboratory Tracking the Sun 2024 — Texas median installed cost for systems 3–10 kW

25-year outlook

Annual savings (yr 1)
$1,147
Simple payback period
10.4 years
25-year net savings
$16705
Assumed annual rate increase
2.5%/year

25-year estimate uses flat electricity rate for conservative baseline. Accounting for 2.5% annual rate increases, lifetime savings increase substantially.

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How solar savings work in Austin

  1. Your panels capture sunlight Solar panels convert sunlight into DC electricity. Austin averages 5.07 peak sun hours per day — among the highest in the country — meaning your panels produce at or near their rated capacity for about 5 hours each day on average.
  2. An inverter converts DC to AC A solar inverter converts the DC power from your panels into the AC electricity your home uses. Modern string inverters and microinverters achieve 96–99% conversion efficiency.
  3. You use solar power instead of buying from the grid Every kilowatt-hour (kWh) your system produces during daylight reduces what you buy from Austin Energy at $0.135/kWh. A 6 kW system produces about 8,500 kWh/year in Austin — enough to offset most of a typical home's usage.
  4. Excess power flows back to the grid When your panels produce more than your home uses — common on sunny afternoons — excess electricity flows to Austin Energy's grid. Under the Value of Solar Tariff (VOST), Austin Energy pays you approximately $0.097/kWh for this exported energy.
  5. You claim the federal tax credit In the tax year your system is installed, you claim a 30% federal tax credit on the full installed cost. On a $17,100 system, that's $5,130 off your federal income taxes — reducing your net cost to $11,970.
  6. Your savings grow over time As Austin Energy's rates rise (historically ~2.5%/year), your solar savings increase while your system cost stays fixed. Over 25 years, a 6 kW system in Austin nets roughly $16,700 after repaying the installation cost.

Common solar savings questions for Austin, TX

How much can I save with solar panels in Austin, TX?

A 6 kW system — typical for an Austin home — produces about 8,500 kWh/year and saves approximately $1,147/year at Austin Energy's current rate of $0.135/kWh. After the 30% federal tax credit, the net system cost is around $11,970, with a payback period of about 10 years and 25-year net savings near $16,700.

What is Austin Energy's solar rate (VOST)?

Austin Energy offers a Value of Solar Tariff (VOST) instead of traditional net metering. Under VOST, excess energy you export to the grid is credited at approximately $0.097/kWh — determined annually by Austin Energy. This rate is typically higher than what other Texas utilities offer for exported solar.

Is there a state solar incentive in Texas?

Yes. Texas Tax Code §11.27 exempts 100% of the appraised value added to your home by a solar installation from property taxes. On a typical Austin solar installation, this avoids $300–$500 per year in property taxes. Texas does not have a state income tax credit for solar.

How much does a solar system cost in Austin?

A 6 kW system in Austin costs approximately $17,100 before incentives ($2.85/watt installed, per Lawrence Berkeley Lab 2024 data for Texas). After the 30% federal Investment Tax Credit ($5,130), the net cost is about $11,970. Prices vary by installer, equipment tier, and roof complexity.

How does the federal solar tax credit work?

The federal Investment Tax Credit (ITC) lets you deduct 30% of your total solar installation cost from your federal income taxes in the year the system is installed. It's a dollar-for-dollar reduction in taxes owed, not a refund — you need sufficient tax liability to use it. The 30% rate applies through 2032 under the Inflation Reduction Act.

How many solar panels do I need for my Austin home?

A typical Austin home using 1,000–1,200 kWh/month needs a 6–8 kW system (roughly 16–22 standard panels at 370–400 W each). Use the calculator above to enter your monthly bill and get a system size estimate tailored to your usage.

Data sources and freshness

Production data derived from NREL PVWatts v8 for Austin, TX (lat 30.2672, lon -97.7431), 20° tilt, 180° azimuth, 14.08% losses. Utility rate from URDB. Last verified 2026-04-12.

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Disclaimer: This calculator provides estimates for informational purposes only — not financial or investment advice. Solar savings depend on actual shading, roof orientation, energy usage patterns, rate changes, and equipment performance. Consult a licensed installer and a tax professional before making purchasing decisions. Verify incentive eligibility with official sources. Data last verified 2026-04-12.