Oncor Solar Water Heating Incentive Raised Significantly
As of January 1, Oncor has dramatically raised the incentive levels for standard residential solar water heating projects to roughly $1,400-$2,700, depending on a system’s predicted performance. The non-residential and low-income residential incentives remain at their 2009 levels.Oncor Take A Load Off, Texas Solar Water Heating Program
When I received this news, I had a hard time believing this! Up to a $2700 rebate! Amazing!
The FAFCO Sungrabber solar water heating system that Innerline Plumbing installs qualifies for a rebate of $1828.74, almost 39% of the total cost of the system including installation!
The remaining balance of the cost of the system is then eligible for the 30% Federal Residential Renewable Energy Tax Credit.
The end result? You are looking at a final cost after rebate incentive and Federal Tax Credit of right at 43% of the total cost of the system including installation!
The consumer is looking at a ROI of 3-4 years!
Call Innerline Plumbing, a participating Service Provider of the program, to schedule your no cost solar water heater project inspection to see if you can take advantage of these significant savings.
Innerline Plumbing is a participating Service Provider in Oncor’s Take A Load Off, Texas Solar Water Heating Program. Through this program, we are able to install residential solar water heating systems at a reduced cost to our customers.
Additional information regarding the program can be found on the Oncor site here.