However you will receive a vos credit on your bill for every kilowatt hour generated by your leased solar pv system.
City of austin solar panels.
The most significant incentive to install solar panels in austin is the 26 federal tax credit.
However the tax credit is set to step down to 22 at the end of 2020.
Austin energy wants to help you have the best experience and make the best investment possible.
With the austin energy residential solar rebate program you can.
Your efforts to keep austin green could literally pay off with rebates and incentives offered through the city.
When you use clean renewable solar power for your home or business you help reduce austin s carbon footprint and help protect the environment.
If you choose to lease your solar pv system you are not eligible for a rebate.
How to earn a rebate.
Once the capacity allotment for an incentive level has been achieved the incentive will be reduced to the next level in the program ramp down schedules.
You also contribute to the expansion of green jobs in the austin area.
The series of graphs below shows the available capacity at the current incentive level for each austin energy solar incentive offering.
Austin energy credits residential solar production at the current value of solar rate of 9 7 cents per kwh effective january 1 2018.
This means in order to maximize your savings potential the best time to go solar in austin is now.
Good for austin good for the environment.
Get the knowledge you need to make an informed decision.
Earn an austin energy rebate of 2 500.