AEP Texas Electricity Rate: $0.16/kWh

At $0.16/kWh, a typical Texas household using 900 kWh per month pays approximately $146/month or $1,756/year for electricity alone.

With solar, an 8kW system producing approximately 9,600 kWh annually could offset $1,561/year in electricity costs. Over 25 years with 3% annual rate increases, total savings reach an estimated $56,911.