Cps Energy Solar Panel Rebate

San antonio owned power utility cps energy met with local contractors wednesday to discuss proposed new rules for the city s solar energy tax rebate program that take effect as early as june 1.

Cps energy solar panel rebate. Boost the savings you get when installing a solar energy system by taking advantage of a cps energy rebate as well as available federal tax credits. Businesses get a rebate of 0 60 per ac watt for the first 25 kw and 0 40 per ac watt per kw above 25 kw if you use locally made solar panels you get an additional 0 10. As of december 3 2018 cps energy allocated an additional 15 million of step funds to be distributed for solar rebates which extends the program until these funds are exhausted. Cps has a solar rebate program.

Cps energy will not rebate any solar pv system less than 1 kw ac. Tx cps energy solar hot water rebate program tx cps energy solar pv rebate program tx denton municipal electric greensense energy efficiency rebate program. Equipment rebates may include. Like austin energy the value of the incentive drops as more solar is installed so now s the time to go solar if you are in the cps energy service area.

Top 5 things to know about the cps energy solar rebate program. Cps energy s 2020 solar rebate location eligibility cps energy s electric service territory is clustered in the san antonio area including bexar county and portions of its 7 surrounding counties including atascosa bandera comal guadalupe kendall and medina. Each year a new cap and customer incentives is determined. Our program can show you ways to save energy and improve your home value.

2019 launch of cps solar rebate cap. Energy created from solar panels is energy that electric utilities do not have to create from their own power plants. If you are a cps energy customer and own your own home you can receive valuable rebates for your upgrade projects to speed up your return on investment. The latest round of funding for the solar rebate program was.

Homeowners receive a 2 500 rebate on the installation of a solar photovoltaic system. Before pv system installation the department of energy recommends adding energy efficient lighting insulation appliances and windows to reduce your home or facility s electric use. What is the home energy rebate program. Central air conditioners 90 310 ton rebate.

Cps energy solar rebate program how much is the rebate. If you re a cps energy customer you can receive up to 1 20 w of solar panels that you install on your roof. Installing solar panels on your home helps you lower power bills save money benefit the environment and also helps the utility during peak demand periods. Tranche 1 offered solar customers up to 1 20 per watt of energy there system could produce.

This program started out with tranche 1.