Solar Panel Savings in Waco, TX

Calculate how much you can save with solar panels in Waco, Texas. Based on 5.7 peak sun hours/day and 12.7¢/kWh average electricity rate.

5.7

Peak Sun Hours/Day

12.7¢

Avg Rate (¢/kWh)

8.6 yr

Payback Period

$21k

25-Year Savings

Waco Solar Overview

Population:138,486
Sunny Days/Year:204
Avg Temperature:71.5°F
Solar Penetration:2.7%
Utility Company:Oncor Electric Delivery
Net Metering:Not Available

Calculate Your Waco Solar Savings

3 kW15 kW

Waco average: $123/mo

South-facing roofs produce the most energy

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

Annual Production

9,986

kWh/year

Annual Savings

$1,272

per year

Net System Cost

$10,920

after 30% ITC

Payback Period

8.6 yr

break-even time

25-Year Total Savings

$43,449

Monthly Savings

$106

Federal Tax Credit

$4,680

Cumulative Savings vs System Cost

$0k$11k$23k$34k$46kYr 0Yr 5Yr 10Yr 15Yr 20Yr 25System CostBreak-even
Cumulative Savings System Cost

Cost Breakdown

ItemWacoNational Avg
Gross System Cost (6kW)$15,600$17,100
Federal Tax Credit (30%)-$4,680-$5,130
Net System Cost$10,920$11,970
Cost Per Watt$2.60/W$2.85/W

Solar Potential in Waco

Sun Hours vs National Average

5.7 hrs
4.5 hrs

Waco gets 27% more sun than the national average.

Climate Advantages

  • 204 sunny days per year
  • Average temperature: 71.5°F — moderate climate with good solar conditions
  • Average roof size: 1,895 sq ft — enough for a 105-panel system

Waco Solar Incentives & Programs

Federal Investment Tax Credit (ITC)

30% of total system cost deducted from federal taxes. For a $15,600 system, that's a $4,680 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 Waco. Alternative buyback programs may be available — contact them for details.

Environmental Impact in Waco

4.2

Tons CO2 Offset/Year

69

Equivalent Trees Planted

0.9

Homes Worth of Energy

Based on 9,986 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 Waco, Texas

Waco, Texas receives an average of 5.7 peak sun hours per day, placing it among the best cities in the country for solar energy production. With electricity rates averaging 12.7¢ 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 Waco produces approximately 9,986 kWh per year, saving homeowners an estimated $1,272 annually. The system pays for itself in about 8.6 years, after which you enjoy essentially free electricity for the remaining 16+ years of the system's warranty life.

Waco has a solar penetration rate of 2.7% — indicating early-stage solar adoption with tremendous growth potential as prices continue to fall. The cost of living index of 86 (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 Waco, TX?

The average cost of a 6kW solar panel system in Waco is approximately $15,600 before incentives ($2.60/watt). After the 30% federal Investment Tax Credit, the net cost is about $10,920. Texas property tax exemption for solar; utility buyback programs vary.

How many peak sun hours does Waco get?

Waco, TX receives an average of 5.7 peak sun hours per day and approximately 204 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 Waco?

The average solar payback period in Waco is approximately 8.6 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 $20,880.

Does Waco have net metering?

Waco 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 Waco, TX?

Absolutely. With a 8.6-year payback period and $20,880 in 25-year savings, solar is an excellent investment in Waco. The 30% federal tax credit and local incentives help make solar financially attractive.

Related Calculators