Texas Solar Panel Rebates

Regardless of the exact cost of installation there are many affordable financing options for solar panel systems. 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. 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.

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Cps energy will pay a flat rebate of 2 500 per project plus 500 for locally produced panels like mission panels.

Texas solar panel rebates.

Cash purchases are one common method to pay for solar and often lead to the most long term value for your money. Cps energy allocated an additional 15 million for solar rebates starting december 3 2018. If you live in austin you can get a rebate of 2 500. Here are some examples.

There may still be other local rebates from your city county or utility. Guadalupe valley electric. Reliant and green mountain also provide rebates of up to 4 500 for the installation of eligible systems. If you re a cps energy customer you can receive up to 1 20 w of solar panels that you install on your roof.

In texas the average solar payback period is 12 57 years. 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.

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