Electric Rate Facts

States / Texas / Waco

Solar payback in Waco, TX

1461.4Annual kWh per kW of solar, PVGIS
16¢State rate per kWh used for solar value
17.3Simple payback estimate, years

The rate is the state average, not the city's utility tariff. It is the mean of monthly prices from 2025-08 through 2026-07. The system is sized for average state household use.

Solar simple payback

System size9.1 kW
Installed price$4.04/W
Gross cost$36,795
Annual production13,299 kWh
Annual value$2,128
Simple payback estimate17.3 years

Installed price uses the state median, n = 2,673 systems, from Berkeley Lab Tracking the Sun (systems installed in 2025, in 2025 dollars, before incentives).

System size = annual household use divided by local annual yield. Gross cost = size in watts × installed price per watt. Annual value = annual production × the state electricity rate in dollars per kWh. Simple payback = gross cost divided by annual value.

The federal 25D credit ended for systems installed after Dec 31 2025. State and utility incentives are not included. This estimate values all production at retail, with no financing, maintenance, degradation, rate changes or discounting. Actual export payments and roof conditions can change the result. Figures are rounded. Sources and limits.

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