How Much Can You Save with Solar Panels in Texas? Based on our data, the average Palmetto homeowner in Texas is estimated to save $15,310 over 25 years.2 See how much a solar panel system will cost you and how much you will save with Palmetto. Enter your address for a free instant estimate. Statistics for Q3 2017 show Austin Energy currently supports almost 6,300 residential solar systems, as well as multiple commercial, municipal and school projects. The City of Austin offers a residential solar rebate program, which requires homeowners to complete a solar education course followed by installation of a qualifying solar photovoltaic (PV) system in your home. This earns you a $2,500 rebate, while the course helps you get the knowledge you need to make an informed decision, reduce your energy bills and improve the environment. Everything’s bigger in Texas—and the solar energy industry is no exception! In fact, the Lone Star State is one of the most popular locations for solar panel installations in the U.S. ranking second only to California for the most solar installed in 2020. That’s enough renewable energy to power nearly 1.3 million homes! The exact cost and savings of your system may vary depending on several factors, including: The size of your system Your current energy usage Your current electricity rates Any incentives in your area The size and layout of your roof Preference of loan or cash financing Call us at 512-559-1440.