Water heating is one of the largest consumers of energy in your home. Use of a solar water heater, with a backup electric or gas water heater*, can cut those costs in half, according to ENERGY STAR®. While the purchase of a solar water heating system can take several years to pay for itself, you can recover that cost quickly by taking advantage of a CPS Energy rebate and federal tax credits. In the meantime, your investment can pay dividends for the environment.
The CPS Energy Solar Initiative Rebate program is offering an incentive for the installation of solar thermal water heating systems installed within the CPS Energy service territory. These incentives will be available to any valid CPS Energy customer, primarily residential and commercial customers.
The solar water heater equipment installed must be new and must be OG-300 certified by the Solar Rating Certification Corporation (SRCC). Only systems currently served by an electric hot water heater are eligible to receive the rebate.
The rebates will be calculated using the SRCC’s calculated Annual kWh Energy Savings Performance table for San Antonio. The listed calculated savings for the system will be multiplied by a rate of $0.60. Rebates for the solar water heating systems will have a maximum allowable rebate amount of $2,000.
Applications must be completed and approved prior to installation of the solar water heating system. Permits and subsequent inspections by the Authority Having Jurisdiction are required where and when necessary. Post-inspections are required on all installations prior to issuance of the rebate. Failure to follow these or other requirements listed within the Qualifying Measures & Guidelines may render the system ineligible for the incentive.
*Please see the Solar Hot Water: System Installation/Guidelines for system and eligibility requirements.