Texas / Bonham

Is solar worth it in Bonham?

Grayson-Collin Elec Coop, Inc averages 16.4¢/kWh. With 5.0 peak sun hours a day, a typical 7.0 kW system makes ~10,318 kWh a year and saves about $1,693 in year one.

9.9years to pay off
Electric rate16.4¢per kWh
Peak sun5.0hrs/day
System7.0 kW≈$19,250
25-yr net$42,458after cost

No federal tax credit is included. The 30% homeowner credit (IRS §25D) ended for systems installed after Dec 31, 2025. What changed in 2026 →

How Bonham compares

That is faster than the Texas average of 11.0 years, mainly because Bonham's rate is above the state average of 13.7¢/kWh. Your own payback depends on your bill: enter your ZIP and monthly bill above for your number.

Nearby cityRatePayback25-yr net
Sherman16.4¢9.9 yrs$42,458
Denison16.4¢10.1 yrs$42,426
Anna16.4¢9.9 yrs$42,458
Melissa16.4¢9.9 yrs$42,458
Greenville14.9¢10.8 yrs$37,002
Princeton16.4¢9.9 yrs$42,458
Paris11.5¢13.4 yrs$24,058
McKinney13.8¢11.5 yrs$32,562

Questions

How long does solar take to pay off in Bonham, TX?

About 9.9 years for a typical 7.0 kW system at 16.4 cents/kWh, assuming $2.75/W installed, full net metering and 3% yearly rate increases, with no federal tax credit.

Is solar worth it in Bonham?

Yes for most homeowners who stay 10+ years. Our estimate is $1,693 saved in year one and $42,458 net over 25 years after paying for the system.

How much does a solar system cost in Bonham?

A 7.0 kW system sized for an average home (863 kWh/month) is about $19,250 before any local rebates, at $2.75 per watt. Real quotes vary by roof and installer.

Is there a federal solar tax credit in 2026?

Not for homeowners who buy their system. The 30% Residential Clean Energy Credit (IRS section 25D) does not apply to installations completed after December 31, 2025. State rebates, SRECs and utility incentives may still apply.

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