Rebates on installing solar panels in Texas
Multiple Texas distribution utilities offer financial rebates for homeowners installing solar panels in their service territories. If you are a customer of AEP, Austin Energy, or CPS Energy, you may qualify for a solar rebate of more than $2,500. Here’s a quick breakdown of each utility’s solar rebate:
AEP
Qualifying AEP customers are eligible for a rebate of up to $3,000. AEP uses a tiered system based on system size. Here’s a handy table with the latest rebate amounts:
System Size |
Rebate Amount |
---|
0.001-2.999 kWdc |
50 cents per watt |
3.0-4.999 kWdc |
$1,500 |
5.0-7.499 kWdc |
$2,250 |
7.5-30 kWdc |
$3,000 |
Austin Energy
Austin Energy offers a rebate of $2,500 to customers who purchase a solar system and pass a solar education course. The solar education course is a great resource for those who want to build their solar know-how and become a more informed buyer. Upon completing the course, you’ll take a short quiz and pick a participating contractor to complete your rebate application.
CPS Energy
CPS Energy offers $2,500 (up to 50% of the system’s total cost) for qualifying home solar systems. Homeowners may also receive a $500 premium for installing local modules. If you go non-local, the rebate is reduced by 25% and you won’t receive the additional $500 premium.
Contact your utility provider for more information about rebates available to you.