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Your Electric Vehicle Tax Credit (Complete Guide - 2023 Update) (2026)

  • Writer: Chino Lex
    Chino Lex
  • Mar 28
  • 1 min read

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Your Electric Vehicle Tax Credit (Complete Guide - 2023 Update)

If you already own solar in Texas, this guide helps you understand your options and make informed decisions.

Are you getting the best buyback rate for your solar?

We hear this question constantly from Texas solar owners. The industry doesn't always make things clear, so let's break it down. Working with Oncor? Interconnection paperwork is usually simple.

Understanding Your Solar Economics

Texas doesn't have traditional net metering. You choose a retail electricity provider with a solar buyback plan. Rates vary significantly - from $0.04/kWh to $0.12/kWh for the same excess power. Shopping around matters. If you have a solar loan, refinancing might lower your payment if rates have dropped since you signed. Most solar loans have no prepayment penalty.

What Other Owners Say

"This helped me understand what I was actually paying for" - This is the experience we aim for.

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Modern Electric helps existing solar owners in Texas:

  • Clear answers without sales pressure

  • Battery upgrades and grid services

  • Buyback optimization

  • Performance troubleshooting

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