Austin Energy offers solar photovoltaic (PV) rebates and commercial incentives to encourage their customers to install solar energy systems. These incentives help diversify electric generation with renewable energy and help develop the clean energy industry in Austin, Texas.
As of March 2015 Austin Energy supports more than 1,600 customer-owned solar energy systems, 120 commercial projects, 24 municipal projects, 28 school installations, and 6 libraries. Together, these produce more than 8 megawatts of generation capacity.
If you would like to finance your solar energy installation, you can apply for both a solar PV loan through a Velocity Credit Union and a rebate from Austin Energy.
Information accurate as of: 02/17/2015
Incentive Type: Utility Rebate Program
Eligible Renewable/Other Technologies: Photovoltaics solar energy
Applicable Sectors: Residential, Must be Austin Energy Customer
Amount: $1.10 per watt-AC
Maximum Incentive: $15,000 per site per year.
Eligible System Size: 1 kW to 20 kW AC
Equipment Requirements: Must use pre-approved modules and inverters (those listed by the California Energy Commission). PV systems must carry a 10-year warranty from the installer in addition to a 20 year module manufacturer warranty and a 10 year manufacturer warranty on inverters in residential applications without battery back-up.
Installation Requirements: Must be grid-connected. Must use a solar installer from the Austin Energy Registered Installer List. Company must be an electrical contractor registered in State of Texas. Solar installers must have at least one employee certified by the North American Board of Certified Energy Practitioners (NABCEP). Homes built before 2005 must meet pre-determined energy efficiency requirements in order to qualify for a rebate.
Ownership of Renewable Energy Credits: Austin Energy
Program Budget: $7.5 million (FY 2012)
Start Date: 6/1/2004
Web Site: http://www.austinenergy.com/Energy%20Efficiency/Programs/Rebates/...
Summary: Program funding for 2015 is available and the program described below is open.
Austin Energy's Solar Rebate Program offers a $1.10 per watt incentive to eligible residential who install photovoltaic (PV) systems on their homes. Rebates are limited to $15,000 per home installation and lifetime maximum of $50,000 per site, recognizing that some residential customers build out a home solar system in stages.
Rebates will only be paid for approved systems installed by approved solar contractors according to the established technical requirements. All systems must conform to the utility's equipment and installation standards in order to qualify for a rebate.
These standards include the use of pre-approved equipment; equipment warranty requirements; and the use of a program approved, NABCEP certified and appropriately insured solar installer. Participants must meet a detailed set of home energy efficiency requirements in order to qualify for a solar rebate. The energy efficiency requirements include standards for both new and existing homes.
The City Council initially approved $933,000 in funding for the fiscal year ending September 30, 2004. For 2005, $2,000,000 was budgeted for solar PV rebates and $500,000 for PV installations on municipal buildings. For 2006, the solar PV rebate budget was raised to $3,000,000, with $450,000 being allocated for PV installations on municipal buildings.
The FY 08-09 budget (through September 30, 2009) was set at $4.5 million and a total of $4 million was budgeted for solar rebates during FY 2010 beginning in October 2009. FY2011 budget is $4 million. The program is reassessed on an annual basis each fiscal year in October, but does not have a specified final expiration date.
In 2003, the Austin City Council set a 20% by 2020 renewable portfolio standard (RPS) for Austin Energy with a solar goal of 100 megawatts capacity in the community by 2020. Austin Energy will install demonstration solar projects at schools, libraries and community centers, and is partnering with other city departments to develop the first ‘affordable’ net-zero energy subdivision in the country, a 100-home subdivision in the city’s southeast district.
Contact: Conservation Information Center - Solar Rebates
Solar Rebate Program
721 Barton Springs Road
Austin, TX 78704
Phone: (512) 482-5346
Fax: (512) 482-5409
Web Site: http://www.austinenergy.com
Disclaimer: The information presented on the Greenbelt Solar web site provides an unofficial overview of financial incentives and other policies. It does not constitute professional tax advice or other professional financial guidance, and it should not be used as the only source of information when making purchasing decisions, investment decisions or tax decisions, or when executing other binding agreements. Please refer to the individual contact provided below each summary to verify that a specific financial incentive or other policy applies to your project.
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