The latest EnergySage report finds the Lone Star State has a low price-per-watt—though its market has yet to take off.
Solar customers in Texas were offered the lowest average cost on a per-watt basis compared to other regions in the U.S., according to new data from EnergySage, a comparison-shopping website for solar systems.
The average gross cost of a solar energy system was $3.21 per watt, significantly lower than the national average of $3.69 per watt, according to EnergySage’s second Solar Marketplace Intel Report . In the Southwest region, including Texas, Arizona and New Mexico, three-quarters of the quotes were below $3.50 per watt.
Despite the low cost of solar in the state, the nine-year payback period in Texas is still slightly higher than the national average of just over eight years, according to EnergySage.
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