Implementing Sector: | Utility |
Category: | Financial Incentive |
State: | Texas |
Incentive Type: | Rebate Program |
Web Site: | https://www.cpsenergy.com/en/my-home/savenow/rebates-rebate/solar-photovoltaic-rebate.html |
Administrator: | CPS Energy |
Funding Source: | Save for Tomorrow Energy Plan (STEP) |
Eligible Renewable/Other Technologies: | Solar Photovoltaics |
Incentive Amount: | First $9 million will pay a flat rebate of $2,500 per project, plus $500 for locally-produced panels Next $5 million will pay a flat rebate of $1,500 per project, plus $500 for locally-produced panels Commercial: $1 million will pay $0.60/Watt, plus an additional $0.10/Watt for locally-produced panels |
Maximum Incentive: | $25,000 for Residential $80,000 for Commercial |
Eligible System Size: | 1 kW AC minimum |
Equipment Requirements: | PV modules and inverters must be listed on the California Energy Commission (CEC) website. Warranties: Installer 5 year, PV Module Manufacturer 20 years, Inverter Manufacturer 5 years |
Installation Requirements: | Systems must be grid connected and installed by a CPS Energy registered installer; Systems must be South-oriented and be situated with enough unobstructed space to provide 80% system production efficiency. |
Ownership of Renewable Energy Credits: | CPS Energy |
CPS Energy, San Antonio's municipal utility, offers rebates to customers who install solar photovoltaic (PV) systems on their homes, schools, or businesses. Third-party owned systems (e.g., leased PV systems) are not eligible for rebates (a customer must make the upfront financial investment). The rebate is available to all CPS Energy customers for systems of at least 1 kilowatt (kW)-AC.
Current funding will be allocated through three tranches. Each tranche will have a different rebate amount:
To be eligible for the rebate, solar projects must be priced at $4.00 per watt or less.
Rebates have a maximum of $25,000 per residential account per year and $80,000 per commercial account per year. Residential buildings applying for the commercial incentive must be established for at least one year.
System owners are responsible for obtaining all applicable permits and permissions required to install and operate the system and all work must be performed in accordance with all applicable federal, state, local, and manufacturer codes and standards. CPS publishes interconnection guidelines for systems smaller than 25 kW. Rules for larger systems will be determined on a case-by-case basis. Rebate recipients will be required to sign an agreement granting all of the renewable energy credits (RECs) produced by the system to CPS Energy.
The incentives include:
Solar Photovoltaics for residential - The incentive is 2500.00 $/W, The incentive has a maximum of $25000.00
Solar Photovoltaics for commercial - The incentive is 0.60 $/W, The incentive has a maximum of $80000.00
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