There are a lot of reasons to go solar in 2020. Currently there is an additional rebate to help homeowners ensure the investment will make going solar even more affordable. To get the best of what Austin Energy has to offer, we have put some resources together for everyone going solar with Austin Energy.
Austin Energy makes it simple to qualify for their rebate program. At the time of this article, the current amount available is $2,500 but it is likely to continue to decrease.
How to Earn Austin Energy Rebate
- Meet eligibility requirements.
- Complete the Austin Energy Solar Education Course.
- Take a short quiz to confirm you understand the materials.
- Select a Participating Contractor. Your Participating Contractor will complete the rebate application on your behalf.
Once you've picked a contractor you will be able to complete the solar quiz to make sure you understand everything involved in the solar process and that your system is priced competitively.
Learn More About Qualifying for Rebates
The energy produced by a photovoltaic (PV) solar power system is valuable to the solar customer and to the grid. But how do you assign a number to these values? Some say that using the market rate for electricity, the amount customers currently pay for electricity from the grid, undervalues the extra benefits provided by solar power (reduced pollution, carbon reduction, meeting demand during peak periods.). The other side of this argument is that using the market rate gives an unfair benefit to those that have a solar energy system at the disadvantage of those who don’t have a system. Municipalities generally use one of two policy types to determine how much solar energy is worth, as measured in dollars per kilowatt hour ($/kWh).
Value of Solar Tariff (VOST)
VOST is an alternative to net metering, similar in some ways but with with different ways of valuing the way solar power interacts with the electricity grid. This way of valuing solar power in Austin was first developed back in 2006 and later adopted in 2012 for the public. Most states in the United States have Net Energy Metering but few areas have a VOST program. Let's go over some of the key differences.
- Utilities can better understand customer load, timing, and volume because a VOS tariff separates electricity generated by the consumer from electricity consumed.
- Customers receive compensation based on utility-specific benefits and costs of their electricity generation, instead of fixed retail rates that may span many regions.
- Customers pay for transmission and distribution services embedded in the retail rate of the electricity they purchase, thereby addressing cross-subsidization concerns associated with NEM policies.
Save the Most Money With Austin Energy’s Solar Pricing Options
WIth the combination of great priced and engineered systems, the VOST and qualifying for the Austin Energy Rebate home owners are rapidly beginning to upgrade their homes all across the city. The cost of solar has fallen dramatically. See prices in Texas and get a free quote and design.
The VOST and the pricing system for Austin Energy customers interact to influence the size of PV system you need to meet your energy needs and save the most money. In many cases, because of the pricing system that Austin Energy uses, you do not need to install a solar system that meets all of your energy needs to greatly reduce your electricity bill. In the Austin program, any unused credits roll over to the next billing cycle.
Luna Solar is proud to participate with our partners on the Austin Energy and San Antonio CPS rebate programs.
Don't forget to make sure anyone you choose to go solar with is included in the Participating Contractors List in Austin or any other rebate program.