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Solar Panel ROI in Smith County, TX

Is going solar worth it in Smith County? Here are the numbers.

Avg System Cost

$8,056

After Tax Credit (30%)

$5,639

Est. Payback Period

1.2 yrs

25-Year ROI

2002%

Solar Economics in Smith County

Investment Breakdown

System Cost (est.)$8,056
Federal Tax Credit (30%)-$2,417

Net Cost$5,639

Annual Savings

Est. Annual Energy Savings$4,742
Median Home Value$201,400

Median Household Income$69,053

About Smith County, Texas

Smith County in Texas has a median household income of $69,053 and median home value of $201,400. With an estimated payback period of 1.2 years, solar is a strong investment for homeowners in this area.

These estimates use county-level medians and national averages for solar irradiance. Your actual ROI depends on roof orientation, shading, local utility rates, and available state/local incentives beyond the federal 30% ITC.

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Other Counties in Texas

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: EIA, NREL, DSIRE. Solar cost estimates based on county-level home values and national averages. This is not financial advice.