Texas Solar Panel Rebates

Here are some examples.

Texas solar panel rebates.

Regardless of the exact cost of installation there are many affordable financing options for solar panel systems. The solar rebate varies between 0 40 and 0 80 per watt depending on the system size up to 30 000 and not to exceed 50 of the total installation cost if the solar project includes battery storage the rebate increases to between 0 60 and 1 20 per watt the funds are limited and the rebate is renewed each october. Guadalupe valley electric. Reliant and green mountain also provide rebates of up to 4 500 for the installation of eligible systems.

Cps energy allocated an additional 15 million for solar rebates starting december 3 2018. Cps energy will pay a flat rebate of 2 500 per project plus 500 for locally produced panels like mission panels. If you live in austin you can get a rebate of 2 500. In addition to the itc reliant txu amigo energy and green mountain power all provide net metering credits for any extra solar power generated and exported to the grid.

Plus you re eligible for austin energy s value of. In texas the average solar payback period is 12 57 years. Cash purchases are one common method to pay for solar and often lead to the most long term value for your money.