The Daily Hustle: 10/6/10

Return of the rebate

The Daily Hustle: 10/6/10
Photo by kowitz, [CC]

There's a new initiative afoot at the city, and green doesn't just cover its ecological bonafides. No, Austin Energy's solar rebate program is back, baby.

Take it away, city:

$4 Million in Solar Funding Available for Austin Energy Customers

Austin Energy has $4 million in funds for solar energy incentives for the fiscal year, which began October 1, 2010. Incentives are available for residential and commercial solar electric (photovoltaic) and solar hot water energy systems. The Solar Rebate Program has resulted in more than 1,200 solar energy systems in Austin, generating more than 5 megawatts of power, and supporting the creation of more than 30 solar installation and services companies. Since it was created in 2004, the Solar Rebate Program has provided some $22 million in funding to support customer use of solar energy.

More customers seek rebates every year so strong demand is expected. This year, residential customers are eligible for solar electric rebates at $2.50 per watt, up to a maximum of $15,000 per year. There is a lifetime limit of $50,000 per customer.

Rebates are issued on a first-come, first-served basis for qualified customers. The guidelines and procedures are available online at www.austinenergy.com (click on the Solar Rebates link). Residential solar electric rebate customers must meet certain energy efficiency requirements, as defined on the website. Rebates are also available for energy efficiency improvements.

You can read more here. Judging by the past popularity of the program, we wouldn't be surprised if those funds go real quick.

What the hell else is happening?

On the city calendar: The Commission for Women meets in Boards and Commissions Room at City Hall, 301 W. Second, 1:30pm.

The African American Resource Advisory Commission meets at the Street-Jones Building, Room 400A, 1000 E. 11th, 5:20pm.

The Environmental Board meets in City Hall’s Council Chambers, 6pm.

The Residential Design and Compatibility Commission moves into the Boards and Commissions Room, 6pm.

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KEYWORDS FOR THIS POST

The Daily Hustle, Austin Energy, solar rebate

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