Austin Energy Solar Panel Rebate

Reduce your energy bill.

Austin energy solar panel rebate.

Austin energy offers their customers an upfront solar rebate of 2 500 when they install a qualified solar panel system. With the austin energy residential solar rebate program you can. Austin energy credits residential solar production at the current value of solar rate of 9 7 cents per kwh effective january 1 2018. The series of graphs below shows the available capacity at the current incentive level for each austin energy solar incentive offering.

Plus you re eligible for austin energy s value of solar tariff which pays you 0 097 for every kilowatt hour kwh your solar panels can generate. Austin energy rebates incentives saving you money and energy. City of austin utilities online. How to use this list.

Good for austin good for the environment. Instead of traditional net metering austin energy has implimented what is called a value of solar rate. Austinites are embracing solar as a clean green alternative source of power. Construction begins on pflugerville solar project edging austin energy closer to renewable energy goals.

Austin energy s value of solar. If you choose to lease your solar pv system you are not eligible for a rebate. The tax break reduces. If you live in austin you can get a rebate of 2 500.

Earn an austin energy rebate of 2 500. That s an awesome rebate that can substantially decrease the cost of gonig solar. Only the participating contractors listed here are eligible to offer and apply for austin energy incentives on behalf of our customers. An average sized residential solar system about 400 square feet of solar panels costs 18 000 according to the solar energy industries association an industry group.

If you re a cps energy customer you can receive up to 1 20 w of solar panels that you install on your roof. Thanks to accelerated depreciation businesses can write off the value of their solar energy system through the modified accelerated cost recovery system macrs which reduces businesses tax burden and accelerates returns on solar investments qualified solar energy equipment is eligible for a cost recovery period of five years. Construction begins on pflugerville solar project edging austin energy closer to renewable energy goals. Customer services 512 494 9400 outside austin call toll free.

Austin energy wants to help you have the best experience and make the best investment possible. When you use clean renewable solar power for your home or business you help reduce austin s carbon footprint and help protect the environment. Other incentives for solar accelerated depreciation. How to earn a rebate.

Get the knowledge you need to make an informed decision. However you will receive a vos credit on your bill for every kilowatt hour generated by your leased solar pv system.