![]() Bryan Texas Utilities (BTU)īTU serves the city of Bryan. They do not offer solar rebates but you can find more information on Brazos Electric Power’s website. Brazos Electric Power Cooperativeīrazos serves multiple cities including Waco and Lubbock. Go to B-Green Rebates website to learn more. This co-op does not offer specific solar rebates but does offer several rebates for energy efficiency upgrades and homes. Read more info about the City of Austin solar rebate. Commercial net metering is available for systems under 20 kW-AC.Austin Energy also offers a community solar option for residential customers and a “Green Choice Plan”, which are both great options for those that do not own their home but want to use clean electricity. Residential customers receive a Value of Solar credit on their monthly bill for every kilowatt-hour (kWh) of electricity generated by their solar PV system, at the current rate of 9.7 cents per kWh (effective January 1, 2018). Austin Energy is currently offering a flat $2,500 post-installation rebate for those that go solar, as well as net metering. The Austin solar rebate helps homeowners in the Austin area who want to make the switch to solar. More incentives can be found on AEP’s website. The commercial rebate cannot exceed $56,250 (200 kWdc).ĪEP operates in a competitive electricity market, so net metering would be handled by your retail electric provider (REP), if available. The commercial rebate is unchanged from 2020 at $0.50 per watt up to 25 kW and $0.25 per watt for any capacity exceeding 25 kW up to 200 kW. The residential rebate is a fixed tiered structure with a value of $1,500 for systems below 5 kW (with a minimum size of 3kW), $2,250 for systems that are at least 5 kW but less than 7.5 kW, and $3,000 for systems that are 7.5 kW or larger. AEP’s rebate program in 2022 is unchanged from 2021. American Electric Power (AEP)ĪEP serves a multitude of cities in Texas including Corpus Christi, Abilene, McAllen, Harlingen, San Angelo, and others. We strive to update this page regularly with the latest information and recommend that you contact your utility directly to confirm their current program. Texas solar rebates and incentives, as well as policies for the utility companies and cooperatives below, are subject to change at any time. Some areas, such as Austin, offer a property tax exemption, for solar power customers. There are other local incentives as well. The utilities have an application process for each project, which your solar installer will manage for you. annual) basis for residential and/or commercial solar installations. The funds may be available in perpetuity or released on a periodic (e.g. The structure and availability of rebates vary across the state, but most utilities offer rebates to homeowners and business owners on a price-per-watt basis that is capped at a maximum amount per project. The state of Texas does not offer a statewide solar tax credit, but most local utilities do offer incentives to go solar, add battery backup, or to make home improvements related to energy efficiency (check this website for detailed information). In 2022, the federal government increased the credit to 30% and extended it until 2032. The Solar Investment Tax Credit (ITC) is a federal tax credit that is a dollar for dollar reduction on income taxes. There are many Texas solar power incentives at all levels. Stick with us and we’ll explore the Texas solar programs available at the federal, state, and local levels. Texas has solar rebates and incentives you can take advantage of to help you start using clean, renewable energy. Harnessing the abundant Texas sunshine to produce your own green energy just makes sense! The cost of putting solar panels on your home or business will vary based on your energy costs, the utility’s net metering policies, rebates and other financial incentives.ĭon’t be intimidated by the potential initial costs of going solar. There are many benefits to using solar energy to power your business or home. Texas is also the fastest-growing solar state in the nation with more than 40 GW of capacity expected to be installed over the next 5 years. The sun shines bright on the Lone Star State! With some of the highest solar energy potential in the U.S.A., Texas is poised to become a nationwide leader in solar energy, with 15MW of installed capacity, second only to California.
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