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Austin Energy - Solar Water Heating Rebate (Texas)
Incentive/Active true  +
Incentive/Amt Existing Homes: $2,000<br /> New Homes: $1,500 <br /> Commercial: Custom <br />  +
Incentive/ApplDsc Commercial  + , Fed. Government  + , Institutional  + , Local Government  + , Multi-Family Residential  + , Nonprofit  + , Residential  + , Schools  + , State Government  +
Incentive/ApplDscOther Must be an Austin Energy customer  +
Incentive/ContAddr 721 Barton Springs Road  +
Incentive/ContDept Austin Energy  +
Incentive/ContDiv Solar Rebate Program  +
Incentive/ContEmail solarrebate@austinenergy.com  +
Incentive/ContFax (512) 482-5409  +
Incentive/ContName Conservation Information Center - Solar Rebates  +
Incentive/ContPhone (512) 482-5346  +
Incentive/ContPlace Austin, Texas  +
Incentive/ContWebsite http://www.austinenergy.com  +
Incentive/ContZip 78704  +
Incentive/EligSysSize System should be sized to accommodate a minimum of 4 people; no maximum specified  +
Incentive/EnergyCat Renewable Energy Incentive Programs  +
Incentive/EquipReqs Must use new, SRCC certified equipment and
Must use new, SRCC certified equipment and be designed for frost protection and scale elimination or remediation; <br /> Minimum 5-year warranty on major components; <br /> System must pre-heat water for a permanently installed ''electric'' water heater
nently installed ''electric'' water heater  +
Incentive/ImplSector Utility  +
Incentive/InstallReqs Must be installed by a licensed contractor; <br /> Equipment must meet all applicable Austin city codes and adhere to the city building permit process  +
Incentive/MaxInc $2,000  +
Incentive/Name Austin Energy - Solar Water Heating Rebate  +
Incentive/OwnRenewEnrgyCrdts Austin Energy  +
Incentive/ProgAdmin Austin Energy  +
Incentive/ProgBudget $3 M (FY2012 for all solar programs)  +
Incentive/QuantNotes $2000 flat rebate for existing bldgs entered here; there is also a $1500 flat rebate for new construction.  +
Incentive/SWHComMaxDol $2,000  +
Incentive/SWHNPMaxDol $2,000  +
Incentive/SWHResMaxDol $2,000  +
Incentive/Summary Austin Energy offers its residential, comm
Austin Energy offers its residential, commercial, and municipal customers up front rebates or a low interest loan for the purchase and installation of solar hot water heaters. Because the program is in part designed to help Austin Energy reduce peak electricity demand, only systems that preheat water for a permanently installed ''electric'' hot water heater are eligible to receive the incentive. Rebate levels vary by customer class. '''Rebates''' * Residential (new construction): $1,500 * Residential (existing homes): $2,000 ''or low interest loan'' (see below) * Commercial: Custom, determined on a case-by-case basis '''Loans option details (existing homes)''' * Home improvement loans: 0% interest rate over 3, 5, 7, or 10 year term; $1,500 minimum * Personal loans: 2% interest rate over 3 or 5 year term; $500 minimum * Maximum loan of $5,000 for single family or $10,000 for duplexes * Additional 2% interest rate (added to base rate) for credit scores of 639 and below All systems must be new, SRCC certified, and sized to accommodate the needs of at least 4 people. Systems must also be designed for frost protection, scale elimination or remediation, and have a 5-year warranty on all major components. The use of existing tanks will be allowed on a case-by-case basis. All systems must be installed by a licensed, program approved contractor, and comply with all applicable city codes and permitting requirements. Participants must sign an agreement stating their intention to maintain the system in proper working order for at least 5 years and allow Austin Energy to inspect the system. Failure to maintain the system may result in repayment of a prorated portion of the rebate. Participants must also sign a Renewable Energy Credit (REC) Assignment Form handing over all RECs produced by the system to Austin Energy. The FY2011 budget for solar water heater program is not separated out of the general solar rebate budget, which is $4,000,000. The FY2012 budget for all solar programs is $3,000,000. The budget year runs October - September. The FY2013 budget for all solar programs had not been approved at the time this summary was written. Check with Austin Energy directly regarding available funding amounts.
ectly regarding available funding amounts.  +
Incentive/TechDsc Solar Water Heat +
Incentive/Type Utility Rebate Program +
OpenEI/PageDescription Austin Energy - Solar Water Heating Rebate: energy incentive program.  +
OpenEI/PageKeyword Energy Incentives  + , Texas  + , Utility Rebate Program  + , Austin Energy  +
Place Texas: Energy Resources +
Website http://www.austinenergy.com/Energy Efficiency/Programs/Rebates/Solar Rebates/Solar Water Heater/index.htm  +
Categories Financial Incentive Programs , Incentive with Contacts , Quantitative Incentives , Rebates Grants Incentives , Solar Water Heating Incentives
Modification date
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18:03:30, 12 February 2015  +
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