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 rate of $0.50 per watt (W)-DC for residential customers for the first 3 kW; for systems of 3-5 kW there is a flat incentive of $1,500, for systems of 5-7.5 kW there is a flat incentive of $2,250, and for systems from 7.5-30 kW there is a flat incentive of $3,000. For commercial customers there is an incentive of $0.50 per W-DC for the first 25 kW, and $0.25 per W-DC for additional capacity up to 200 kW. The maximum rebate is:
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$5,000 per residential customer,
- $31,250-$56,250 for non-residential customers
- Service Provider/Project Owner: $45,000 - $90,000
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.
Visit the program website for more information.