Austin Energy

Austin Energy serves customers in Austin in Texas with a residential electricity rate of $0.12 per kWh. This is 32% below the national average of $0.168/kWh, though solar still delivers strong returns with today’s lower installation prices.

At current rates, a typical Austin Energy household using 900 kWh per month spends approximately $1,242 per year on electricity. An 8 kW solar system can offset most or all of that usage, saving an estimated $1,104 annually and $40,251 over the 25-year life of the system. The estimated payback period is 20.2 years.

As a municipal utility, Austin Energy sets its own rates and policies independently. Austin Energy offers net metering, allowing solar customers to receive credits for excess energy sent back to the grid. Heat pump rebates of up to $1,200 are also available.

The federal residential solar tax credit (Section 25D) expired at the end of 2025. State and utility-level incentives are now the primary financial benefits for homeowners going solar. NuWatt Energy handles the entire process from system design through permits and Austin Energy interconnection, ensuring you receive every available rebate.

up to $1,200