AEP Texas North Company - SMART Source Solar PV Rebate Program (Texas)
This is the approved revision of this page, as well as being the most recent.
Last modified on February 12, 2015.
Financial Incentive Program
|Name||AEP Texas North Company - SMART Source Solar PV Rebate Program|
|Incentive Type||Utility Rebate Program|
|Applicable Sector||Commercial, Industrial, Residential, Nonprofit, Schools, Local Government, State Government, Tribal Government, Fed. Government, Multi-Family Residential, Agricultural, Institutional, Must be an AEP-TNC Customer|
|Energy Category||Renewable Energy Incentive Programs|
|Amount|| Residential: 1.20/W-DC|
|Eligible System Size||System must be sized so that estimated production does not exceed annual on-site energy consumption.|
|Equipment Requirements||Equipment must be new and certified to UL 1703 standards; inverters must be certified to UL 1741 standards; revenue-grade, bi-directional solar meter required to measure system output; systems must have an all-inclusive 5-year warranty. Disconnect switch is required.|
|Installation Requirements||Systems must be grid-connected and installed on the customer's side of the meter; estimated system performance must be at least 80% of optimal, unshaded output as measured by PVWatts; Must use Service Provider from the registered Service Provider list (specific eligibility requirements)|
|Maximum Incentive|| Residential: 12,000|
|Ownership of Renewable Energy Credits||Customer-generator|
|Program Budget||$162,900 (2014)|
|Program Administrator||Frontier Associates and Clean Energy Associates|
|References||DSIREDatabase of State Incentives for Renewables and Efficiency|
American Electric Power Texas North Company (AEP-TNC) offers rebates to any customer that installs photovoltaic (PV) systems on homes or other buildings. Rebates may be assigned to the customer, a service provider, or a third party.
Rebates are offered at a flat rate of $1.20 per watt (W)-DC for residential customers and $1.05 per W-DC for non-residential customers. The maximum rebate is:
- $12,000 per residential customer (equivalent to a 10 kW system),
- $26,250 per non-residential customer (equivalent to a 25 kW system), and
- $81,450 per service provider or project owner.
The above limits no longer apply after July 1, 2014. Owners of the systems also own all renewable energy credits (RECs) or other environmental credits associated with the project.
The total amount of program funding for 2014 is $90,000 for residential customers and $72,900 for non-residential customers.
PV System Eligibility
Unless used for educational purposes by a school, systems must be at least 1 kilowatt (kW)-DC in size to qualify for the rebate. Systems may not be sized to produce energy in excess of that required to meet annual on-site energy consumption. Each customer and point of service is eligible to participate in the program multiple times, subject to other program limitations (e.g., maximum per customer and per project incentive limits).
Systems must be new, connected to the grid on the customer side of the meter, meet minimum estimated performance requirements (80% of optimum), and meet all applicable code and utility interconnection requirements. Eligible systems must be covered by an all-inclusive warranty for at least five years from the date of installation. PV modules must be new and certified to UL 1703, and inverters must be new and certified to UL 1741. All installations must be performed service providers who meet program eligibility requirements. AC disconnect switches and revenue-grade solar meters (provided by the service provider) are required. Installations may be subject to a variety of inspection and performance monitoring requirements in the short- and long-term.
|Contact Name||Cece Hyslop|
|Address||1515 S. Capital Highway, Suite 110|
- Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.