| Implementing Sector: | Utility |
| Category: | Financial Incentive |
| State: | Texas |
| Incentive Type: | Rebate Program |
| Web Site: | http://www.nbutexas.com/Conservation/Rebates/EnergyEfficiencyRebates/SolarWaterHeaterRebate/tabid/1097/Default.aspx |
| Administrator: | New Braunfels Utilities |
| Eligible Renewable/Other Technologies: | Solar Water Heat |
New Braunfels Utilities offers a rebate for residential customers who purchase and install solar water heating systems on eligible homes. A rebate of the equivalent of $0.265 per kWh is available to these customers. The maximum rebate amount is $900 for participating customers. Applicants must have an active residential electric service account with NBU in order to be eligible. Solar water heaters must preheat water for an electric water heater that is permanently installed and is the main water heating source. A contractors invoice or receipt must include documentation for all requirements as stated in the program guidelines.
Funding is limited and is awarded on a first-come, first-served basis. Applications are located on the program web site.
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| kw System size | years Payback period | Lifetime savings |
No money down, 100% finance is available.
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A solar PV system is custom-designed for your home. Final solar system price may vary based on your location, monthly utility bill, government incentives and rebates, the condition of your home, and local installation prices. Solar PV system output and estimated savings are calculated based on several factors including product type, system production, geography, weather, shade, electricity use, full utilization of the 30% solar investment tax credit, and utility rate structures and rate increases. Savings on your total electricity costs are not guaranteed. Financing options and terms vary by location, and may not be available in all areas. Solar QC is neither the lender nor the project installer. Solar QC License# 1130591
