20% of the most recent funding allocation
$538.80/kW-AC + $0.3462/kWh-AC
In 2015, rebates are a one-time payment of $538.80 per kilowatt (kW)-AC and $0.3462 per kilowatt hour (kWh)-AC for both residential and non-residential customers (e.g., businesses, governments, nonprofits, etc.). Under this incentive scheme, a typical 5.3 kW residential rooftop PV system can earn a total rebate of approximately $8,600.
The maximum rebate is equivalent to 20% of the most recent funding allocation. Individual systems must be 1 kW or larger, unless they are to be used by schools for educational purposes. In addition, systems may not be sized to produce energy in excess of that required to meet annual on-site energy consumption. Customers may only apply for one rebate per point of service, as defined by a unique meter ESI-ID number. Customers with multiple points of service are therefore permitted to apply for multiple rebates, subject to a 20% maximum rebate cap and other program limits (e.g., limits on total incentives available to a single customer).
A residential customer's home must have electric delivery service provided by Oncor. Systems must be new, connected to the grid on the customer side of the meter and meet all applicable code and utility interconnection requirements. All installations must be performed by service providers who meet specific program eligibility requirements. Service providers are also subject to ongoing quality assurance standards and are required to attend technical training sessions. Installations may be subject to a variety of inspection and performance monitoring requirements in the short- and long-term. System owners will initially retain title to renewable energy certificates (RECs) produced by their system. However, Oncor reserves the right to claim RECs produced by rebated systems at a later time.
For more information, visit the program website.
*The Oncor program began as a pilot program in 2009 and provided rebates in 2009, 2010, 2011 and 2012. Oncor pays incentives to eligible Service Providers who market, sell/lease, and install solar photovoltaic systems to commercial and residential customers served by Oncor.
** Oncor reserves the right to raise the incentive cap if the total amount of incentives for reserved projects is not sufficient to meet the program incentive budget.