AEP Texas Central Company - SMART Source Solar PV Rebate Program

American Electric Power Texas Central Company (AEP-TCC) offers rebates to any customer that installs photovoltaic (PV) systems on homes or other buildings. Rebates may be assigned to the customer, a service provider, or a third party. 

Rebates

Rebates are offered at a flat rate of $1.05 per watt (W)-DC for residential customers and $1.00 per W-DC for non-residential customers. The maximum rebate is:

• $10,500 per residential customer (equivalent to a 10 kilowatt (kW) system),
• Per non-residential customer amount equivalent to a 25 kW system
• Service Provider/Project Owner: $81,450 - $90,000

Beginning July 1, 2015 the limits on customers and service providers/project owners will no longer be enforced.

PV System Eligibility

Unless used for educational purposes by a school, systems must be at least 1 kW- DC in size to qualify for the rebate. Systems may not be sized to produce energy in excess of that required to meet annual on-site energy consumption. Each customer and point of service is eligible to participate in the program multiple times, subject to other program limitations (e.g., maximum per customer and per project incentive limits).

Systems must be new, connected to the grid on the customer side of the meter, meet minimum estimated performance requirements (80% of optimum), and meet all applicable code and utility interconnection requirements. Eligible systems must be covered by an all-inclusive warranty for at least five years from the date of installation. PV modules must be new and certified to UL 1703, and inverters must be new and certified to UL 1741. All installations must be performed service providers who meet program eligibility requirements. AC disconnect switches and revenue-grade solar meters (provided by the service provider) are required. Installations may be subject to a variety of inspection and performance monitoring requirements in the short- and long-term.