Texas Solar Panel Rebates

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

Texas solar panel rebates. Plus you re eligible for austin energy s value of. Cash purchases are one common method to pay for solar and often lead to the most long term value for your money. If you re a cps energy customer you can receive up to 1 20 w of solar panels that you install on your roof. Guadalupe valley electric.

Cps energy will pay a flat rebate of 2 500 per project plus 500 for locally produced panels like mission panels. 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. Here are some examples. 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. Cps energy allocated an additional 15 million for solar rebates starting december 3 2018. There may still be other local rebates from your city county or utility.