Solar Panel Rebate Texas

If you decide to purchase your home solar system in texas the federal solar tax credit gives you a dollar for dollar reduction against your federal income tax equal to 26 of the final cost of solar energy systems you install on your home.

Solar panel rebate texas.

Texas solar rebate programs. However individual rebate programs are available from texas utility companies tdus and municipal utilities. The city of austin offers a residential solar rebate program which requires homeowners to complete a solar education course followed by installation of a qualifying solar photovoltaic pv system in your home. Texas solar panel rebates as mentioned above texas lacks a statewide rebate program for solar power systems.

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. All of texas can take advantage of the 26 federal tax credit which will allow you to recoup 26 of your equipment and installation costs for an unlimited amount. While texas doesn t have a statewide solar tax credit or solar rebate program many utilities large and small and local governments offer incentives to homeowners who want to go solar. If you live in austin you can get a rebate of 2 500.

This earns you a 2 500 rebate while the course helps you get the knowledge you need to make an informed decision reduce your energy bills and improve the environment. There may still be other local rebates from your city county or utility. Plus you re eligible for austin energy s value of solar tariff which pays you 0 097 for every kilowatt hour kwh your solar panels can generate.