Texas Solar Panel Rebates

All of texas can take advantage of the 26 federal tax credit which will allow you to recoup 26 of your equipment and installation costs for an unlimited amount.

Texas solar panel rebates.

Guadalupe valley electric. Cps energy allocated an additional 15 million for solar rebates starting december 3 2018. Regardless of the exact cost of installation there are many affordable financing options for solar panel systems. Reliant and green mountain also provide rebates of up to 4 500 for the installation of eligible systems.

If you live in austin you can get a rebate of 2 500. Here are some examples. 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. In texas the average solar payback period is 12 57 years.

There may still be other local rebates from your city county or utility. 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. Cash purchases are one common method to pay for solar and often lead to the most long term value for your money.