Austin Energy Solar Panel Rebate

Customer services 512 494 9400 outside austin call toll free.

Austin energy solar panel rebate.

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. 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. Construction begins on pflugerville solar project edging austin energy closer to renewable energy goals.

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. Instead of traditional net metering austin energy has implimented what is called a value of solar rate. The tax break reduces. 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.

Austin energy rebates incentives saving you money and energy. You also contribute to the expansion of green jobs in the austin area. Earn an austin energy rebate of 2 500. The series of graphs below shows the available capacity at the current incentive level for each austin energy solar incentive offering.

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

City of austin utilities online. Austin energy wants to help you have the best experience and make the best investment possible. Austin energy s value of solar. If you re a cps energy customer you can receive up to 1 20 w of solar panels that you install on your roof.

Other incentives for solar accelerated depreciation. Good for austin good for the environment. If you live in austin you can get a rebate of 2 500. Customer services 512 494 9400 outside austin call toll free.

How to use this list. Get the knowledge you need to make an informed decision. Construction begins on pflugerville solar project edging austin energy closer to renewable energy goals. How to earn a rebate.

When you use clean renewable solar power for your home or business you help reduce austin s carbon footprint and help protect the environment. Austinites are embracing solar as a clean green alternative source of power.