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Nationwide data from the U.S. Energy Information Administration [7] shows that Texas's electric prices did rise above the national average immediately after deregulation from 2003 to 2009, but from 2010 to 2015, prices dropped significantly below the national average price, with a total cost of $0.0863 per kWh in Texas in 2015 vs. $0.1042 ...
Covering half of the roof with 10% efficient photovoltaics is sufficient to generate all of the electricity used by an average family in Texas. Solar farms are more cost effective in West Texas, where insolation levels are greater. [29] The US uses about 100 quadrillion British thermal units (29,000 TWh) of energy each year. [30]
The cost of a solar PV module make up the largest part of the total investment costs. As per the recent analysis of Solar Power Generation Costs in Japan 2021, module unit prices fell sharply. In 2018, the average price was close to 60,000 yen/kW, but by 2021 it is estimated at 30,000 yen/kW, so cost is reduced by almost half.
“Simply put, it’s not always windy and not always sunny, but it’s almost always windy or sunny somewhere in Texas.”
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