Everything you need to know about Solar Thermal Incentives
Texas – Austin Energy – Residential Solar Loan Program
| Incentive Type | Utility Loan Program |
|---|---|
| Eligible Technologies | Solar Water Heat, Photovoltaics |
| Applicable Sectors | Residential |
| Incentive Amount | Minimum Solar Water Heating: $500 Minimum Solar PV: $1,500 |
| Maximum Incentive | Solar Water Heating (Single Family): $5,000 Solar Water Heating (Duplexes): $10,000 Solar PV: $20,000 |
| Eligible System Size(s) | None Listed |
| Equipment Standards | None Listed |
| Installation Standards | None Listed |
| Terms | Solar Water Heating Rate: 0% - 2.0% Solar PV Rate: Market Rate Credit scores of 639 or below will carry an additional 2.0% interest rate. Repayment: up to 10 years |