Austin, TX
Electrification ROI based on Austin Energy rates and local rebates
Population: 974,000•Climate: hot•Electric: $0.115/kWh•Gas: $1.10/therm
Best Upgrade
Solar Panels
11.6 years • 32% ROI
Annual Savings
$2,416/year
Full electrification
Total Incentives
$18,600
Federal + utility rebates
Visual ROI Analysis
Payback Period Comparison
Lower is better • Shortest payback = fastest return on investment
Annual Savings Comparison
Higher is better • More annual savings = greater long-term benefit
Cumulative Net Savings Over Time
Point where line crosses $0 = payback achieved • Steeper line = faster savings growth
Detailed ROI by Upgrade
Heat Pump HVAC System
Replace gas furnace + AC with an all-electric heat pump
🌡️
Costs
Upfront cost:$12,000 - $18,000
Federal tax credit:-$2,000
Austin Energy rebate:-$1,800
City/state incentives:-$1,200
Net cost:$7,000 - $13,000
Savings & ROI
Annual savings:$152/year
Simple payback:Not Recommended
15-year ROI:-84%
CO₂ reduction:0.3 tons/year
15-year net savings:$-12,716
Solar Panels (6kW System)
Generate your own electricity from the sun
☀️
Costs
Upfront cost:$15,000 - $21,000
Federal tax credit (30%):-$5,400
City/state incentives:-$2,500
Net cost:$7,100 - $13,100
Savings & ROI
Annual savings:$907/year
Simple payback:11.6 years
25-year ROI:32%
CO₂ reduction:3.6 tons/year
Full Electrification Package
Heat pump + Solar + Heat pump water heater + EV charger
⚡
Costs
Total upfront cost:$30,300 - $45,000
Total federal credits:-$10,400
Total utility rebates:-$2,900
City/state incentives:-$5,300
Net cost:$11,700 - $26,400
Savings & ROI
Annual savings:$2,416/year
Simple payback:8.3 years
15-year ROI:2%
Total CO₂ reduction:10.1 tons/year
15-year net savings:$-1,412
Austin Energy Context
Climate & Usage
Climate zone:hot
Heating degree days:1,750
Cooling degree days:2,950
Avg home size:2,100 sq ft
Energy Costs
Utility provider:Austin Energy
Electricity rate:$0.115/kWh
Natural gas rate:$1.10/therm
Avg monthly bills:$155 elec + $45 gas
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