Oncor Electric Delivery to offer Rebates for Solar
Oncor is a regulated electric distribution and transmission business that provides electricity delivery to consumers. Oncor operates the largest distribution and transmission system in Texas, providing power to 3 million electric delivery points over more than 102,000 miles of distribution and 14,000 miles of transmission lines.
Today the company revealed details of a plan to promote solar power to its customers by offering incentives to install solar panels that produce electricity. Oncor will pay up to $2.46 per watt for residential customers to install a solar electric system up to 10 kilowatts (kW)….that’s a significant rebate! Consumers will be able to
Oncor will be opening up applications to their rebate program on December 1st and they expect 200 homes and 10 businesses to be part of the solar power installation rebate program moving forward in 2009. So if your an Oncor customer and want to install solar panels and get money back for going green, make sure to mark your calender to apply on December 1st.
