Oncor is Giving Incentives for Going Solar
Details of the 2020 Oncor Solar Incentive Program have been released and the Program Launches February 3rd. The Texas-based electric utility will be offering incentives to home and business owners who install solar panels throughout the Oncor Service Region, but it doesn’t last long, so find out now if you qualify.
Though it may seem counter-intuitive for a power company to offer solar rebates & incentives, many electricity providers in Texas have programs that are designed to encourage their customers to go solar to help relieve the stress on the grid at peak usage times.
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Top 5 Things To Know About Oncor’s Solar Incentive Program
- Energy created from solar panels is energy that electric utilities do not have to produce from their own power plants or purchase on the spot market at higher-than-usual prices. Installing solar panels on your home helps you lower or eliminate your power bill, save money immediately, benefit the environment and also relieve stress on the grid during “peak demand” periods.
- Your solar system becomes your primary power source, with additional power seamlessly available from Oncor (the grid) anytime it is needed.
- Homeowners in the Oncor service regions can receive substantial incentives to offset the cost of installing solar panels on their homes or businesses. The amount of the incentive varies depending on system size, placement and power generated, but our experts can calculate exactly what it will be for your specific application.
- Historically a typical 10 kW residential solar system facing south would be eligible for a $5,000 solar incentive.
- Homeowners must use an approved solar contractor, like Alba Energy, to receive the incentive.
Locations Eligible for the 2020 Oncor Solar Incentive
Oncor’s Service Region spans across Texas and includes 402 cities across 91 counties, encompassing nearly one-third of the state’s geographic area. The map below shows locations within the Oncor Service Region that are eligible for the solar incentive:
SMART Solar Financing Available in the Oncor Region
With SMART Solar Financing from Alba Energy, going solar is affordable for all qualifying applicants, allowing you to save money INSTANTLY! Once you go solar, your new power bill, if any, plus the fixed monthly solar financing should be less than your current power bill! Making it a no-brainer to go solar!
Installing solar panels in the Oncor Region lets you take ownership of your energy supply and stabilize and/or eliminate your bills over the long-term. Let one of Alba Energy’s 5-star solar professionals show you how to save money with a solar panel installation. Contact Alba Energy to request a free consultation about going solar TODAY!