MySunROI

Solar Panel Cost Calculator

Enter your state and monthly electricity bill for a personalized solar cost and ROI estimate.

Solar Panel Cost Calculator

Instant estimate with Solar Score™ — unique to MySunROI

77Solar Score · Good

Estimate for Texas

$7,200net after 30% ITC

~4 kW · 10 panels · $10,300 before credits · 12.8¢/kWh

Annual savings

$874

Payback

8.2 yrs

25-year savings

$22,944

25-year savings timeline

Includes ~3% utility rate growth & 0.5%/yr panel degradation

Year 1Year 25Payback ~8.2y

Frequently Asked Questions

How accurate is this solar calculator?

Estimates are based on NREL cost benchmarks, EIA electricity rates, and regional modifiers. Actual installer quotes vary by roof, equipment, and local labor.

Does the calculator include the federal tax credit?

Yes — we apply the 30% federal Investment Tax Credit (ITC) to eligible residential systems. State incentives may further reduce cost.

What system size does the calculator use?

System size is estimated from your monthly bill and state electricity rate, typically 4–12 kW for residential homes.