Solar Panel Savings in McKinney, TX

Calculate how much you can save with solar panels in McKinney, Texas. Based on 5.4 peak sun hours/day and 12.3¢/kWh average electricity rate.

5.4

Peak Sun Hours/Day

12.3¢

Avg Rate (¢/kWh)

10 yr

Payback Period

$18k

25-Year Savings

McKinney Solar Overview

Population:199,177
Sunny Days/Year:228
Avg Temperature:71.8°F
Solar Penetration:5.3%
Utility Company:Oncor Electric Delivery
Net Metering:Not Available

Calculate Your McKinney Solar Savings

3 kW15 kW

McKinney average: $160/mo

South-facing roofs produce the most energy

Add $8,000-$12,000 for whole-home battery backup

Annual Production

9,461

kWh/year

Annual Savings

$1,167

per year

Net System Cost

$11,634

after 30% ITC

Payback Period

10.0 yr

break-even time

25-Year Total Savings

$39,862

Monthly Savings

$97

Federal Tax Credit

$4,986

Cumulative Savings vs System Cost

$0k$10k$21k$31k$42kYr 0Yr 5Yr 10Yr 15Yr 20Yr 25System CostBreak-even
Cumulative Savings System Cost

Cost Breakdown

ItemMcKinneyNational Avg
Gross System Cost (6kW)$16,620$17,100
Federal Tax Credit (30%)-$4,986-$5,130
Net System Cost$11,634$11,970
Cost Per Watt$2.77/W$2.85/W

Solar Potential in McKinney

Sun Hours vs National Average

5.4 hrs
4.5 hrs

McKinney gets 20% more sun than the national average.

Climate Advantages

  • 228 sunny days per year
  • Average temperature: 71.8°F — moderate climate with good solar conditions
  • Average roof size: 1,969 sq ft — enough for a 109-panel system

McKinney Solar Incentives & Programs

Federal Investment Tax Credit (ITC)

30% of total system cost deducted from federal taxes. For a $16,620 system, that's a $4,986 credit. Valid through 2032.

Texas State Incentives

Texas property tax exemption for solar; utility buyback programs vary.

Net Metering — Oncor Electric Delivery

Oncor Electric Delivery does not currently offer standard net metering in McKinney. Alternative buyback programs may be available — contact them for details.

Environmental Impact in McKinney

3.9

Tons CO2 Offset/Year

65

Equivalent Trees Planted

0.9

Homes Worth of Energy

Based on 9,461 kWh annual production with a 6kW system. EPA average: 0.417 metric tons CO2 per MWh, 10,632 kWh per US home.

Solar Energy in McKinney, Texas

McKinney, Texas receives an average of 5.4 peak sun hours per day, providing excellent conditions for residential solar installations. With electricity rates averaging 12.3¢ per kWh from Oncor Electric Delivery, below the national average, but with rates rising 2-3% annually, the long-term savings are still meaningful.

A typical 6kW solar system in McKinney produces approximately 9,461 kWh per year, saving homeowners an estimated $1,167 annually. The system pays for itself in about 10.0 years, after which you enjoy essentially free electricity for the remaining 15+ years of the system's warranty life.

McKinney has a solar penetration rate of 5.3% — showing growing adoption of residential solar, with significant room for expansion. The cost of living index of 94 (national average: 100) reflects a lower cost of living, keeping installation costs competitive.

Other Cities in Texas

View all 34 cities in Texas

Frequently Asked Questions

How much do solar panels cost in McKinney, TX?

The average cost of a 6kW solar panel system in McKinney is approximately $16,620 before incentives ($2.77/watt). After the 30% federal Investment Tax Credit, the net cost is about $11,634. Texas property tax exemption for solar; utility buyback programs vary.

How many peak sun hours does McKinney get?

McKinney, TX receives an average of 5.4 peak sun hours per day and approximately 228 sunny days per year. This is above the national average of 4.5 hours, making it an excellent location for solar energy.

What is the solar payback period in McKinney?

The average solar payback period in McKinney is approximately 10 years. After payback, your solar panels generate essentially free electricity for the remaining 15-20 years of their warranty. Over 25 years, total savings can reach $17,541.

Does McKinney have net metering?

McKinney does not currently have standard net metering. However, Oncor Electric Delivery may offer alternative solar buyback programs. Contact them for current rates and policies.

Is solar worth it in McKinney, TX?

Absolutely. With a 10-year payback period and $17,541 in 25-year savings, solar is an excellent investment in McKinney. The 30% federal tax credit and local incentives help make solar financially attractive.

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