December 01, 2020

Solar savings

December 01, 2020 $10,212 – Average cost of a 5-kilowatt solar panel system in Texas after subtracting the Federal Investment Tax Credit 12.58 – Years to recover investment $15,898 – Savings over 20 years compared to conventional utilities for the same amount of electricity, including costs, incenti
Background

December 01, 2020

$10,212 – Average cost of a 5-kilowatt solar panel system in Texas after subtracting the Federal Investment Tax Credit

12.58 – Years to recover investment

$15,898 – Savings over 20 years compared to conventional utilities for the same amount of electricity, including costs, incentives, and inflation

Source: Energy Sage