Dallas solar panel cost 2023
Dallas is a great place to live if you’re interested in going solar. Not only is Texas one of the top producers of solar energy, but the state’s plentiful sunshine and solar incentive programs also make it an ideal location for solar panel owners.
In this guide, we’ll cover everything you need to know about purchasing residential solar panels in Dallas, including the benefits and costs of solar panels, solar incentives and rebates available in Dallas, and tips for finding a reliable installer in the area.
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Average solar panel cost by system size in Dallas
| System size | Total cost | Number of panels* |
|---|
| 3 kW | $9,990 | 8–10 |
| 6 kW | $19,980 | 15–20 |
| 9 kW | $29,970 | 25–30 |
| 12 kW | $39,960 | 30–40 |
*Estimated panel count is based on the average panel size ranging from 300 to 400 watts.
How many solar panels do I need in Dallas?
Across Texas, an average-sized home solar system is 9 kilowatts (kW) and costs approximately $3.33 per watt, according to Find Energy. This puts the average Dallas, TX, solar panel cost at $29,970 — although prices can range from $19,980 (for a smaller 6-kW system) to $39,960 (for a 12-kW system). In the U.S., the average price of solar panels is $31,558 for an 8.6-kW system — which means that the cost of solar panels in Dallas is less than the national average.
It’s important to mention that these estimates don’t include solar incentives or rebates, which can significantly lower the price of solar in Dallas.
Several factors determine the overall cost of your solar panels in Dallas. The price of your system will depend on its size and configuration, as well as the specific components you choose for it (such as high-efficiency solar panels and solar batteries). Local installation fees and taxes also play a role in your total cost.
Not sure what size solar system you need? Review your latest electricity bills and see how much electricity you’re using on a monthly basis. Based on that figure (and other factors such as your location and the amount of sunlight your roof can capture), you can determine how many solar panels you’ll need to power your home.
Payback period for solar systems in Dallas
To determine the overall price of a solar system, you’ll need to multiply the price per watt by the size of the entire system. Using the Texas average price per watt of $3.33 and the typical solar system size of 9 kW (or 9,000 watts), we can determine that the total system cost here would be $29,970.
This price doesn’t include any federal, state, or local incentives (which we’ll outline below). For example, if you took advantage of the 30% federal tax credit, it could bring that cost down to $20,979.
Now, let’s look at how much you might save by switching to solar in Dallas. Considering that the average monthly electricity bill in Texas is $155.24, going solar could save you nearly $1,863 per year in utility costs. Based on those figures, your solar system would pay for itself in about 11 years.
The best Dallas solar incentives 2023
Incentives such as tax credits and solar buyback programs are designed to reduce the cost of solar panels in Dallas and encourage more people to use solar energy. Through these initiatives, residents can decrease the price of solar installations, earn money for the solar power they generate, and more.
For instance, if you buy and install solar panels on your primary or secondary residence through 2032, you could earn a 30% tax credit from the federal government with the recently implemented Residential Clean Energy Credit (solar leases and solar power purchase agreements [PPAs] do not qualify). This credit can also be applied retroactively to solar systems purchased previously in 2022. However, the credit will decrease to 26% in 2033 and 22% in 2024.
If you were to apply this federal credit to your purchase of the average 9-kW solar system at $29,970, you could end up saving nearly $9,000.
Here’s an overview of Dallas solar power incentives.
| Incentive | Local, State, or Federal? | Incentive Details |
|---|
| Residential Clean Energy Credit | Federal | This 30% tax credit can be applied to solar panels purchased between 2022 and 2032. |
| Net Metering | Local | Your retail electricity provider (REP) will offer a bill credit in exchange for the excess power that your solar panels generate each month. Some Texas REPs that offer net metering include: |
| Oncor Electric Delivery – Residential Solar Rebate Program | Local | Residential customers of Oncor Electric Delivery may be eligible for a rebate if they install solar panels and a storage system at their homes. |
| Property Tax Exemption | Local | Although Texas does not assess state property taxes, installing solar panels on your home can exempt you from paying higher local property taxes (due to your higher home value with solar) in Dallas. |
Dallas solar panel companies
Because Texas is a powerhouse in green energy, quite a few solar panel companies operate across the state. The following list shows local and multi-city solar companies that install solar panels in the Dallas area.
At SaveOnEnergy, we specialize in educating residents and business owners about their energy options. If you’re interested in going green with solar power, we can connect you with reliable solar installers in their area. To chat with one of our solar advisors, fill out the form on this page or call the phone number on your screen.
Beware of free solar panels in Dallas scam
You can save money on solar panels in Dallas by shopping around for the best price and using solar incentives and rebates. However, be wary if you see advertisements for free solar panels in Dallas. This type of marketing is a scam because there is no such thing as completely free solar panels. You may not have to pay any money upfront with certain financing plans. Some payment plan types, like PPAs, involve another company paying for and installing panels on your home. In these instances, solar companies can promote the panels as “free.” However, you still have to pay for the energy produced by the panels, sign a solar contract, and could be responsible for other fees, including an early termination fee.
Is going solar in Dallas right for you?
Whether you’re a renter or homeowner, there are numerousways to invest in solar energy. Here’s an overview of the possibilities based on your particular situation.
Solar for renters
Even if you don’t own your home, you can still benefit from solar. You may be able to use solar in Dallas by registering for a community solar project with Arcadia or other providers. These programs provide shared access to solar facilities in your area, allowing you (and the project’s other subscribers) to use green energy to power your home without requiring you to purchase your own panels. Check community solar availability near you.
Solar for homeowners
As a homeowner, you have a few options for installing solar panels in Dallas. If you want to take advantage of the federal tax credit, you’ll need to buy your solar panels — either with cash or with a solar loan. Alternatively, you can lease your solar panels or sign up for a PPA; however, you won’t be eligible for the tax credit, and if you decide to sell your home before your contract is up, you might have trouble finding a buyer willing to take on the lease.