Greening Austin Daily

Austin Energy Restarts Solar Rebate Program

5th October, 2010 - Posted by katherine - No Comments

Check out ABJ, which had an article today stating:

Austin Energy has restarted its solar rebate program, making another $4 million available for installation incentives…

Commercial and multi-family applicants are eligible for performance-based incentives up to 14 cents per kilowatt of energy produced over 10 years. The typical customer receives as much as $5,000 a year on systems that cost about $130,000, according to the press release.

Residential applicants are eligible for up to $2.50 per watt in solar rebates, up to a maximum $15,000 per year and $50,000 total. An average system costs about $25,000 and provides about a third of the building’s annual electricity use.

Read more: Austin Energy frees $4M for solar incentives in ’10 – Austin Business Journal