Austin Energy Solar Panel Rebate

Austin energy rebates incentives saving you money and energy.

Austin energy solar panel rebate.

How to earn a rebate. You also contribute to the expansion of green jobs in the austin area. That s an awesome rebate that can substantially decrease the cost of gonig solar. 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.

The tax break reduces. Good for austin good for the environment. Earn an austin energy rebate of 2 500. Other incentives for solar accelerated depreciation.

Customer services 512 494 9400 outside austin call toll free. Austin energy s value of solar. 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. Reduce your energy bill.

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. Austin energy offers their customers an upfront solar rebate of 2 500 when they install a qualified solar panel system. If you choose to lease your solar pv system you are not eligible for a rebate. How to use this list.

Austin energy wants to help you have the best experience and make the best investment possible. Only the participating contractors listed here are eligible to offer and apply for austin energy incentives on behalf of our customers. Get the knowledge you need to make an informed decision. Construction begins on pflugerville solar project edging austin energy closer to renewable energy goals.

Customer services 512 494 9400 outside austin call toll free. Austinites are embracing solar as a clean green alternative source of power. If you live in austin you can get a rebate of 2 500. However you will receive a vos credit on your bill for every kilowatt hour generated by your leased solar pv system.

Instead of traditional net metering austin energy has implimented what is called a value of solar rate. Austin energy credits residential solar production at the current value of solar rate of 9 7 cents per kwh effective january 1 2018. City of austin utilities online. If you re a cps energy customer you can receive up to 1 20 w of solar panels that you install on your roof.

With the austin energy residential solar rebate program you can. 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.