Austin Energy Solar Panel Rebate

Other incentives for solar accelerated depreciation.

Austin energy solar panel rebate.

Construction begins on pflugerville solar project edging austin energy closer to renewable energy goals. City of austin utilities online. 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.

Earn an austin energy rebate of 2 500. Customer services 512 494 9400 outside austin call toll free. 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 rebates incentives saving you money and energy. How to use this list. 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. 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.

How to earn a rebate. However you will receive a vos credit on your bill for every kilowatt hour generated by your leased solar pv system. When you use clean renewable solar power for your home or business you help reduce austin s carbon footprint and help protect the environment. You also contribute to the expansion of green jobs in the austin area.

Austin energy credits residential solar production at the current value of solar rate of 9 7 cents per kwh effective january 1 2018. If you live in austin you can get a rebate of 2 500. Reduce your energy bill. The series of graphs below shows the available capacity at the current incentive level for each austin energy solar incentive offering.

Austinites are embracing solar as a clean green alternative source of power. 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. Austin energy offers their customers an upfront solar rebate of 2 500 when they install a qualified solar panel system.

The tax break reduces. If you re a cps energy customer you can receive up to 1 20 w of solar panels that you install on your roof. Instead of traditional net metering austin energy has implimented what is called a value of solar rate. Good for austin good for the environment.

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