January 9th, 2010
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.
Filed under Discount Programs, FAFCO, Green Plumbing, News, Plumbing, Plumbing Services, Products, Solar Water Heating