Solar Photovoltaics—Customer Costs and Benefits
Purchasing a Solar Photovoltaics (PV) System
The average rooftop solar system installed by Austin Energy customers is about 6 kilowatts in size. This is a system size that provides significant economy of scale benefits.
Energy Production and Lower
The amount of electricity produced and the
potential energy savings vary based on three criteria. The:
- Size of your system
- System orientation
- Amount of sunlight
Value of Solar Credit
Under the new residential solar rate structure you will pay for your total gross energy consumption each month at the standard residential rates – whether the power comes to your home from your solar energy system or the electric grid. Austin Energy then pays you for all electricity produced each month by your rooftop solar system at the Value of Solar Rate, currently 12.8 cents. That payment is credited to your monthly electric bill. If the solar credit is larger than your energy bill, the remaining credit rolls over to the next month.
Low Maintenance, Easily
Solar PV systems are easy to maintain because they have no moving parts. You can add solar panels to your system to increase its power capacity.
Solar PV System Warranties
Solar PV modules typically have 20 to 30 year warranties. Austin Energy’s Solar Program requires a 10 year manufacturer warranty on inverters in residential applications without battery back-up. Our Solar PV Rebate also requires the solar PV system installation to have a 5-year warranty.
Saver™ Program—Saving Energy Together