Austin Energy Solar Panel Rebate

The series of graphs below shows the available capacity at the current incentive level for each austin energy solar incentive offering.

Austin energy solar panel rebate.

Construction begins on pflugerville solar project edging austin energy closer to renewable energy goals. If you live in austin you can get a rebate of 2 500. If you re a cps energy customer you can receive up to 1 20 w of solar panels that you install on your roof. Customer services 512 494 9400 outside austin call toll free.

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. 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. The tax break reduces.

Austin energy rebates incentives saving you money and energy. However you will receive a vos credit on your bill for every kilowatt hour generated by your leased solar pv system. If you choose to lease your solar pv system you are not eligible for a rebate. Austin energy wants to help you have the best experience and make the best investment possible.

How to earn a rebate. Once the capacity allotment for an incentive level has been achieved the incentive will be reduced to the next level in the program ramp down schedules. City of austin utilities online. 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.

With the austin energy residential solar rebate program you can. Only the participating contractors listed here are eligible to offer and apply for austin energy incentives on behalf of our customers. When you use clean renewable solar power for your home or business you help reduce austin s carbon footprint and help protect the environment. Construction begins on pflugerville solar project edging austin energy closer to renewable energy goals.

Reduce your energy bill. Get the knowledge you need to make an informed decision. Other incentives for solar accelerated depreciation. Good for austin good for the environment.

Customer services 512 494 9400 outside austin call toll free. Austin energy credits residential solar production at the current value of solar rate of 9 7 cents per kwh effective january 1 2018. That s an awesome rebate that can substantially decrease the cost of gonig solar. Austin energy s value of solar.

How to use this list. Austin energy offers their customers an upfront solar rebate of 2 500 when they install a qualified solar panel system.