CPS Energy - Solar Hot Water Rebate Program

Program CPS Energy - Solar Hot Water Rebate Program
Category Financial Incentive
Implementing sector Utility
Last Update
State Texas
Administrator CPS Energy
Website https://www.cpsenergy.com/en/my-home/savenow/rebates-rebate/solar-water-heater-…
Technologies Solar Water Heat
Sectors Residential

As part of a larger program designed to reduce electricity demand within its service territory, CPS Energy offers rebates for solar water heaters to its customers. In general, any CPS Energy customer is eligible to receive the rebate; however, systems must be new and have a permanently installed electric back-up system. Rebates will be calculated according to the annual savings estimated by the system's Solar Rating Certification Corporation (SRCC) OG-300 table as applied in the San Antonio area. Estimated annual electricity savings will be multiplied by a standard rate of $0.60/kilowatt-hour (kWh) in order to determine the value of the one-time rebate. The maximum rebate is $2,000, although there are no explicit size limitations on eligible systems. The rebate is reflected as a credit on the customer's bill.

Customers will be responsible for choosing their own contractor from a list of installers registered with CPS Energy. Customers are also responsible for obtaining all applicable permissions and permits associated with the installation and operation of the system. All applications must be submitted and approved before the installation of the system. Motors, pumps, batteries and all other devices associated with the operation of the solar water heating system will not be covered by the rebate.

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