Solar Incentives in Austin

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Austin Energy Solar Rebate

Austin Energy offers an $700 per kilowatt (kW) rebate for homeowners looking to install residential solar panels. You are eligible to use the Austin Energy rebates on up to 10 kW of photovoltaics.

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Value of Solar Tariff

When you connect your solar panels to the Austin Energy grid, you are automatically enrolled in the Value of Solar Program (VoS) and are credited for each kilowatt-hour (kWh) of energy produced by your system. The VoS rate is currently valued at $0.109 / kWh and is recalculated annually.

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Sunset Valley Solar Rebate

The City of Sunset Valley will also pay you $1,000 per kilowatt for up to 3 kilowatts of photovoltaics.  In order to be eligible for the rebate offered by the City of Sunset Valley Solar Energy Conservation Program, you must first apply and be approved for the Austin Energy rebate so the rebates piggyback on each other.

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Austin's 2025 Renewable Energy Goal

Maximum Rebate Amount from Austin Energy ($)

Value of Solar Tariff ($/kWh)

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Since Revolve is a partnering for the Austin Energy Solar Rebate program, we will help you with paperwork and make the application process as simple and stress-free as possible. Although the rebate is generous enough on its own, eligible homeowners can also combine it with the 30% federal solar tax credit. Most eligible homeowners are able to save almost half the sticker price just by taking advantage of these two generous incentives!

Example:

Let’s make up some numbers and say your 6 kW system’s sticker price is $20,000. Your post-rebate cost would be $15,200 ($20,000 minus (the system size (6 kW) times the rebate amount ($700/kW)).

Post-Rebate cost = $15,800

You’d then apply the 30% solar tax credit to find your net purchase price (rebates are always factored in first). So $15,800 times 30% equals $4,740. Subtracting this amount from the post-rebate cost we get $11,060.

Net Purchase Price = $11,060

Just like that, you reduced the cost of going solar by nearly half! If you were to finance your system via a solar loan, for instance, you could still apply for the solar tax credit AND then Austin Energy solar rebate, all without putting any money down! How cool is that? Hurry though, both incentives won’t be around forever. Since June 2015, the Austin Energy rebates have dropped in value by almost 34%!

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