Texas Incentives/Policies for Renewables & Efficiency |
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Last DSIRE Review: 06/10/2013
Program Overview:
| State: |
Texas |
| Incentive Type: |
Utility Rebate Program |
| Eligible Renewable/Other Technologies: |
Photovoltaics |
| Applicable Sectors: |
Residential, Must be Austin Energy Customer |
| Amount: | $1.50 per watt-AC
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| Maximum Incentive: | $15,000 |
| 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 5-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. Solar installers must have at least one employee certified by the North American Board of Certified Energy Practitioners (NABCEP). Homes must meet pre-determined energy efficiency requirements in order to qualify for a rebate. |
| Ownership of Renewable Energy Credits: | Austin Energy |
| Program Budget: | $7.35 million (FY2013) |
| Start Date: | 6/1/2004 |
| Web Site: |
http://www.austinenergy.com/Energy%20Efficiency/Programs/Rebates/...
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Summary:
Austin Energy's Solar Rebate Program offers a $1.50 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.
Background
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 FY2012 residential budget is $2.7 million. The program is reassessed on an annual basis each fiscal year in October, but does not have a specified final expiration date. |
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Disclaimer: The information presented on the DSIRE 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.
While the DSIRE staff strives to provide the best information possible, the DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. make no representations or warranties, either express or implied, concerning the accuracy, completeness, reliability or suitability of the information. The DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. disclaim all liability of any kind arising out of your use or misuse of the information contained or referenced on DSIRE Web pages.
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