Plano, TX Solar Panels: 2026 Costs, Incentives & Savings
Solar Power in Plano
Have you noticed your electricity bill creeping higher each year? You’re not alone. Texas electricity prices have increased 28% from 2020 to 2024, leading many Plano homeowners to explore a more predictable way to power their homes. Solar energy is one option worth understanding.
Texas ranks 7th for residential solar installations in the US, and Plano’s abundant North Texas sunshine makes it a natural fit. In this guide, we’ll walk you through how home solar panels work, so you can decide what’s right for you.
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 Plano average savings over 25 years
How Much Do Solar Panels Cost in Plano, TX?
See what solar really costs in Plano. This calculator uses real installation data from homes across Plano and nearby areas like Murphy, Wylie, and Allen. Instead of rough estimates, you get local, firsthand numbers to help you understand your options and make a confident, informed decision.
System Sizes
This system size is designed to offset approximately 100% of the average electricity usage for a home of this size in Texas.
- Small Home: Up to 2,000 sq ft
- Medium Home: 2,000-3,000 sq ft
- Large Home: Over 3,000 sq ft
Recommended System
8.91 kW
Your Monthly Payment
Estimated monthly cost with LightReach
$114/mo
Why Lease Solar?
Following the 2025 Big Beautiful Bill, the federal 30% solar tax credit is no longer available for cash purchases. With a LightReach lease, Palmetto owns the system and still qualifies for the commercial ITC — passing those savings through to you via lower monthly payments.
- No upfront investment
- Palmetto handles all maintenance
- 90% Production Guarantee
- Comprehensive protection program included
Cost Breakdown
Your estimated investment:
- System Cost: $25,222
- Price per Watt: $2.83
- Final Cost: $25,222
Savings
Your total financial benefit
- Monthly Savings: Average utility bill reduction $169
- Payback Period: Break-even point 10.6 years
- 25-Year Savings: $73,736
Palmetto Reviews
Overall great experience with Palmetto right from 1st contact till the panels are activated. I was informed on each and every step in advance, pricing is great, install crew was amazing.
Key Takeaways
- Plano homeowners can save around $74,000 over 25 years with solar, thanks to abundant North Texas sunshine averaging 5.4 peak sun hours per day.
- Texas electricity prices rose about 23% from 2021 to 2024, so generating your own solar power helps Plano homes gain more predictable, stable energy costs.
- State and local incentives still make solar worthwhile, including Texas property and sales tax exemptions plus Oncor rebates up to $9,000 for solar-plus-battery systems.
Plano Electricity Prices
Texas residential electricity prices rose from 12.1 cents per kWh in 2021 to 14.9 cents in 2024.
Price of Energy: Texas vs National Average
0¢
10¢
20¢
30¢
13.7¢
12.1¢
15.0¢
13.8¢
16.0¢
14.5¢
16.5¢
14.9¢
Plano Area Utility Providers
In 2023, CoServ Electric averaged 12.8¢ per kWh and Tri-County Electric Cooperative averaged 14.1¢ per kWh.
Plano Utilities Electricity Rates
| Utility Provider | Rate (per kWh) | |
|---|---|---|
| CoServ Electric | 12.80¢ | -20% |
| Tri-County Electric Cooperative | 14.10¢ | -12% |
| TX Average | 14.50¢ | -9% |
| US Average | 16.0¢ | — |
Texas Solar Incentives
Several solar incentives in Texas can help Plano homeowners lower the cost of going solar.
| 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, saving hundreds of dollars per year. | 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, reducing the upfront cost of installation. | 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 who install a qualifying solar PV system (3–15 kW) paired with battery storage. | Learn More |
| Tesla Virtual Power Plant (VPP) Program | Rebate | Powerwall owners in select Oncor and CenterPoint service territories can earn a $10/month bill credit by enrolling in Tesla Electric’s Virtual Power Plant program. |
Ready to Start Saving with Solar?
Speak with a Palmetto solar expert to find out exactly how much you can save with Texas incentives.
Plano Solar Irradiance
Solar panel production varies throughout the year based on daylight hours, weather patterns, and sun intensity.
Solar Production in Plano by Month
System Size: 5 kW/7 kW/10 kW
Energy Production (kWh/day)
What Can Your Solar System Power?
Summer Production (July)
In July, your 10 kW system could power:
- 3.1 average homes (15 kWh/day per home)
- or Run central AC for 15 hours AND power all other appliances
- or Fully charge 4.7 Tesla Model 3 electric vehicles
Winter Production (December)
In December, your 10 kW system could power:
- 2.2 average homes (15 kWh/day per home)
- or Keep your home heating system running for 16 hours
- or Fully charge 3.2 Tesla Model 3 electric vehicles
Annual Production
15,193 kWh/year
Over a year, your 10 kW system could:
- Offset 11 tons of carbon dioxide emissions
- or Equal the environmental benefit of planting 182 trees
Solar Panel Systems in Plano
We’ve mapped solar installations across the country, right down to the neighborhood level. Explore this interactive map to see how many of your Plano neighbors have made the switch to solar. Click any hexagon to discover the number of installations in that area, and see your community’s clean energy growth.