Everything is bigger in Texas, as they say, and that’s certainly true of the state’s solar plans, too. Despite being the traditional heart of the oil economy in the U.S., the Lone Star state was also the eighth-biggest solar market in 2013, installing 75 megawatts of solar capacity last year, and providing an estimated 4,100 solar jobs.
But all good (and big) things must come to an end, at least in part, and we’ve just learned that Oncor Electric Delivery — the state’s largest regulated utility, serving Dallas / Fort Worth, Midland, Odessa and many more cities — is closing its solar incentive program this coming Friday, May 16.
Until Friday, new home solar customers in Oncor’s Solar Photovoltaic Standard Offer for homes are eligible to receive $538.79 per kilowatt of installed solar capacity, up to 10 KW — which means that a homeowner who’s planning to go solar anyway but hasn’t signed up for a solar installation yet can still save as much as $5,300 on a home solar system, in addition to other state and federal incentives. And not to mention the savings from getting your energy directly from the sun instead of from fossil fuels.
This is not the first time that Oncor has ended its incentive program; each time it runs through its allotted budget for these incentives, it closes down and restarts down the road. But each time the program reopens, the incentives are smaller, so now is a great time to go solar in Texas.
If you’re outside of Oncor’s service area, it’s still a great time to go solar, and you should look up your state’s solar incentives and find out how easy it is to get solar panels installed on your roof today.
The post A Good Reason to Go Solar in Texas Now: Oncor Ending Incentives this Week appeared first on One Block Off the Grid.
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