Mckinney, TX Solar Installation: 2026 Costs, Incentives & Savings
Solar Power in McKinney
With more than 230 sunny days each year, McKinney is a natural fit for home solar. Texas ranks 7th in the nation for residential solar installations, and more McKinney neighborhoods are adding solar panels every year. Here’s what local homeowners should know before going solar.
Rising costs are a big reason for the shift. Texas electricity prices have increased 28% from 2020 to 2024, prompting many McKinney residents to explore solar installation. To see how it works, start with our guide on home solar panels.
TEXAS by the Numbers
7th Most residential solar in the United States
122 Households have installed solar panels
5.4 Avg peak sun hours per day
~$74k McKinney average savings over 25 years
How Much Do Solar Panels Cost in McKinney, TX?
See what solar really costs in McKinney with real numbers from actual installations across our Texas database. From Stonebridge Ranch to Craig Ranch and Adriatica Village, this calculator uses local, firsthand data to give you a clear, honest estimate for your home…no guesswork, just straightforward answers.
Cost Breakdown
- System Cost: $25,222
- Price per Watt: $2.83
- Your Estimated Investment: $25,222
Savings
- Monthly Savings: $168
- Payback Period: 10.6 years
- 25-Year Savings: $73,590
Key Takeaways
- McKinney enjoys 230+ sunny days a year and averages 5.4 peak sun hours daily, making it a strong location for home solar production.
- Texas electricity prices rose about 23% from 2021 to 2024, so producing your own solar power can bring more predictable, long-term energy costs.
- State and local incentives still help McKinney homeowners, including a property tax exemption, sales tax exemption, and Oncor rebates up to $9,000 for solar-plus-battery.
McKinney Electricity Prices
Texas electricity prices rose from 12.1 cents per kWh in 2021 to 14.9 cents in 2024 — roughly a 23% increase. Even so, McKinney rates remain below the national average of 16.5 cents.
Solar panels in McKinney let you generate your own power, reducing how much electricity you buy at these rising rates. Solar installation helps you gain more control over your monthly energy costs.
Price of Energy: Texas vs National Average
- 2021: 12.1¢
- 2022: 13.8¢
- 2023: 14.5¢
- 2024: 14.9¢
McKinney Area Utility Providers
- CoServ Electric: 12.80¢
- Tri-County Electric: 14.10¢
Texas Solar Incentives
Several solar incentives in Texas can help McKinney homeowners lower the cost of going solar at both the state and local level.
Incentives Table
| Incentive | Type | Description | Source |
|---|---|---|---|
| Texas Property Tax Exemption for Solar Energy Systems | Property Tax Exemption | Texas homeowners receive a 100% property tax exemption on the added home value from a solar energy system installation. | Learn More |
| Texas Sales Tax Exemption for Solar Equipment | Sales Tax Exemption | Solar energy equipment purchased in Texas is exempt from the state sales tax. | Learn More |
| Oncor Residential Solar + Battery Storage Rebate Program | Rebate | Oncor offers rebates of up to $9,000 for residential customers in the DFW area. | Learn More |
McKinney Solar Irradiance
Solar Production in McKinney by Month
System Size: 5 kW, 7 kW, 10 kW
Summer Production (July)
- 47.9 kWh/day
Winter Production (December)
- 32.4 kWh/day
Annual Production
- 15,163 kWh/year
Want to know exactly how much solar can power your home?
Get a personalized solar analysis based on your actual home, energy usage, and roof characteristics.
Solar Panel Systems in McKinney
We’ve mapped solar installations across the United States, right down to the neighborhood level.
Solar Customers
- 125-930 customers
- 29-124 customers
- 6-28 customers
- 1-5 customers
Leasing Solar Panels
In McKinney, most homes are served by CoServ or Tri-County Electric, and both areas qualify for a LightReach solar lease. With a lease, you pay a fixed monthly amount instead of buying the system, so there’s no large upfront cost to going solar.
Frequently Asked Questions
Does McKinney, TX have net metering?
Texas does not require statewide net metering, so McKinney doesn’t have traditional 1:1 net metering.
How much does it cost to go solar in McKinney, TX?
In McKinney, you can go solar with no upfront cost through a LightReach lease, paying a low fixed monthly amount starting around $114/mo for an average-sized home.
Do solar panels increase your home value in McKinney, TX?
Yes, owned or purchased solar panels can increase your home’s value in McKinney.
Do solar panels work in McKinney, TX’s climate?
Yes. McKinney enjoys more than 230 sunny days a year and averages 5.4 peak sun hours daily.