Renewable energy and energy efficiency solutions are now more affordable than ever thanks to the abundance of available rebates and incentives.
View the Residential, Commercial, or Builder incentives that may be available for you, or to learn more about how you can take advantage of these great incentives, call the SRE Energy Experts at (713) 316-4992 or (409) 419-4000.
Residential
Solar Electric (PV) Systems
Federal Income Tax Credit
A federal income tax credit of 30% of the system cost is available for solar electric (PV) systems.
Bryan Texas Utilities (BTU) Customer Rebate
Bryan Texas Utilities (BTU) provides up to $4.00 per installed AC watt (up to $12,000) through their solar electric (PV) rebate program.
Entergy Customer Rebate
Entergy provides up to $2.00 per installed DC watt (up to $25,000) through their solar electric (PV) rebate program.
Texas New Mexico Power (TNMP) Rebate
Texas New Mexico Power (TNMP) provides a $2.00 per installed DC watt (up to $25,000) through their solar electric (PV) rebate program. Only electricity customers who receive electric delivery service from TNMP are eligible to participate. To find out if you are in the TNMP service territory, please click
here.
Please
contact us for a quote for your home
Solar Water Heating (Thermal) Systems
Federal Income Tax Credit
A federal income tax credit of 30% of the system cost is available for solar water heating systems.
Bryan Texas Utilities (BTU) Customer Rebate
BTU provides a rebate of up to $1,500 for an existing home or $1,000 for new construction for the installation of a solar water heating system. To qualify, the system must be installed in conjunction with an electric backup water heater (existing or new). Please contact us for a quote for your home.
Wind Energy Systems
Federal Income Tax Credit
A federal income tax credit of 30% of the system cost is available for wind energy systems.
Solar Electric (PV), Solar Water Heating (Thermal) and Wind Energy Systems
Texas Property Tax Exemption
The Texas property tax code exempts from taxation the amount of the appraised property value that arises from the installation of a solar electric, solar water heating, or wind energy system.
Energy Efficiency – Air Conditioning, Heating, Insulation, and Other Energy Efficiency Improvements
Federal Income Tax Credit
A federal income tax credit of up to $1500 is available for qualified home energy efficiency improvements such as insulation, high-efficiency air conditioning systems, high-efficiency heat pumps and more.
Bryan Texas Utilities (BTU) - Air Conditioning and Heat Pump Rebates
Bryan Texas Utilities customers are eligible for rebates of up to $600 for installing a new high efficiency air conditioning unit (minimum of 14 SEER) and up to $650 for a new heat pump installation.
College Station Utilities - Air Conditioning Rebate
College Station Utilities customers are eligible for rebates of $200-$600 for installing air conditioning equipment with SEER ratings of 14 or higher.
To learn more about qualifying for these rebates, please contact us.
Commercial
Treasury Grant
Commercial projects may opt to apply for a Treasury Energy Grant in lieu of the investment tax credit (ITC). This applies to equipment placed in service by December 31, 2010 or construction has begun by December 31, 2010 and is completed by December 31, 2013. The grant is paid out by the Treasury within 60 days of the project completion and application is filed.
Bryan Texas Utilities (BTU) Customer Rebate
Bryan Texas Utilities (BTU) provides up to $4.00 per installed AC watt (up to $12,000) through their solar electric (PV) rebate program. Please contact us for a quote for your business.
Solar Water Heating (Thermal) Systems
Federal Business Tax Credit
A federal tax credit of 30% of the system cost is available for solar water heating systems.
Bryan Texas Utilities (BTU) Customer Rebate
BTU commercial, non-profit, and government customers are eligible for rebates on solar water heating systems. Rebate levels are determined on a case-by-case basis.
Wind Energy Systems
Federal Business Tax Credit
A federal tax credit of 30% of the system cost is available for wind energy systems for wind turbines less than 100 kW.
Solar Electric (PV), Solar Water Heating (Thermal) and Wind Energy Systems
Federal 5 Year Accelerated Depreciation Schedule
Under the federal Modified Accelerated Cost-Recovery System (MACRS), businesses may recover the cost of a solar electric, solar water heating, or wind energy system on an accelerated 5-year schedule. In 2008 and 2009 the above investments qualify for the 50% Bonus Depreciation schedule. The owner is entitled to deduct 50% of the adjusted basis of the property in the first year of operation. The remaining 50% of the adjusted basis of the property is depreciated over the ordinary depreciation schedule. The Depreciation Basis is calculated as the System Installation Price – (1/2) Federal Investment Tax Credit.
Texas Franchise Tax Deduction
Texas allows a corporation to deduct the cost of a solar electric or solar water heating system from the franchise tax in one of two ways: (1) the total cost of the system may be deducted from the company’s taxable capital; or, (2) 10% of the system’s cost may be deducted from the company’s income.
Texas Property Tax Exemption
The Texas property tax code exempts from taxation the amount of the appraised property value that arises from the installation of a solar electric, solar thermal, or wind energy system.
Energy Efficiency
Bryan Texas Utilities (BTU) Customer Rebate - High-Efficiency Lighting
BTU commercial customers are eligible for rebates on energy-efficient lighting. Rebate amounts are determined on a case-by-case basis.
Builders
Energy Efficiency
Federal Tax Credit – Energy Efficient Homes
Tax credits of up to $2,000 are available to builders for construction of new energy-efficient homes.
Homes qualify for a $2,000 credit if they are certified to reduce energy consumption by 50% relative to the International Energy Conservation Code (IECC) standard and meet minimum efficiency standards established by the Department of Energy.
Building envelope component improvements must account for at least 20% of the reduction in energy consumption, but specific energy efficiency measures are not restricted.
The statements contained herein are not intended to and do not constitute an opinion as to any tax or other matter, and may not represent all potential incentives available to you. You should consult your tax advisor with respect to any taxes or incentives that you may qualify for.
