Last Updated on August 14, 2021 by Mary Pressler

Oncor Electric Rates TexasOncor Launches the 2021 Solar Incentive Program

Oncor offers several energy incentives for its customers, including a solar power program for homes and businesses. The 2021 incentive program was launched on January 20, with a total budget of $3,387,390. In 2020, Oncor provided a total of $1,905,141 for 376 residential solar installations, and $2,680,807 for 68 commercial installations.

The 2021 solar incentive budget will be $1,348,950 for the residential sector and $2,038,440 for the commercial sector, and it may be increased based on program performance. The budget was increased by $700,000 in 2020, to cover additional projects.

Congress extended the 26% federal tax credit for solar power in December 2020, and this benefit is available for both homes in business. This makes solar power even more affordable for Texan homes and businesses in the Oncor service area.

Program Terms and Benefits

The 2021 program is open for project applications and the following benefits are available:

  • Up to $8,500 for home solar systems with a capacity of 1 – 15 kW DC.
  • Up to $120,000 for commercial solar systems with a capacity of 5 – 300 kW DC.

Eligibility

To be eligible for Oncor incentives, solar power systems must be installed by an approved Service Provider like Prostar Energy Solutions. Oncor is the largest transmission and distribution utility in Texas, with a service territory that covers 408 communities and 98 counties, including the Dallas-Fort Worth Metroplex, Tyler, Odessa, Round Rock and Waco

For more information regarding solar benefits from Oncor, contact Brooke Petosa with ProStar Energy. From conception, to financing to installation, ProStar does it all.

Energy Efficient Home Features- Things to look for when moving
a Tesla home solar system installed in Austin Texas 2021
Best Commercial Building Upgrades for Energy Efficiency
Save On Energy at Home
Information on Demand Charges and How to Reduce Your Power Bill
The Basics of Home Solar Panels
The Texas Power Grid
Is Energy Cheaper in Deregulated States?
Will Texas Experience Rolling Blackouts This Summer?