TXU Energy announces instant rebate, improved net-metering rates for residential PV rooftop systems

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on reddit
Reddit
Share on email
Email
TXU Energy’s instant rebate provides between US$2,000 and US$5,000 off the purchase price of a new TXU Solar from SunPower rooftop system. Image: TXU Energy

Texas electricity provider TXU Energy announced a limited-time instant rebate for residential consumers who buy SunPower PV rooftop systems through the company. In addition, TXU Energy unveiled a new plan to boost net metering credits for customers.

TXU Energy’s instant rebate and its new credit offering for excess PV power is expect to help build momentum for Texas’ growing solar sector and will provide favourable benefits for customers who select TXU Solar from SunPower.

As part of the new TXU Energy Renewable Buyback plan, TXU Energy will purchase excess energy from residential homeowners who have bought solar systems from SunPower at the same per-kilowatt-hour rate that the customer pays for the grid-based electricity they use when that is needed. 

Sam Sen, vice president of TXU Solutions, the solar and value-added services arm of TXU Energy, said: “We were among the first retailers to pay our residential customers for their excess solar and wind generation in 2009. Based on our years of experience and feedback from customers, we have simplified and increased our offer.”

TXU Energy’s instant rebate provides between US$2,000 and US$5,000 off the purchase price of a new TXU Solar from SunPower rooftop system. Customers that buy the solar system may also by eligible for federal tax credits.

The instant-rebate offer is available to consumers who purchase a PV system before the end of the year.

Read Next

January 20, 2022
Mississippi authorities have expanded the state’s net metering programme to improve total compensation rates for solar customers and prioritise the adoption of distributed PV for low- to moderate-income (LMI) households.
PV Tech Premium
January 18, 2022
Solar project developer Eco Energy World is aiming to “aggressively” grow its US PV pipeline after formally entering the market last week and intends to replicate the cheaper engineering, procurement and construction (EPC) costs it sees in Europe in the country. PV Tech Premium speaks to CEO Svante Kumlin to find out more.
January 13, 2022
Proposed net metering (NEM) rules in California that would add a US$8/kW per month grid access fee for residential solar systems have been described as “regressive and out of touch with reality” by a NEM policy expert.
January 12, 2022
A new partnership between the US Department of Energy’s (DOE) National Renewable Energy Laboratory (NREL) and the International Code Council (ICC) will aim to increase the adoption of software that instantly approves permits for rooftop solar systems.
PV Tech Premium
January 11, 2022
PV Tech Premium speaks with analysts and experts on the Brazilian solar market to discuss the country's long-awaited new net metering laws
January 11, 2022
PosiGen, a US provider of residential solar and efficiency solutions for low- to moderate-income (LMI) households, has secured US$100 million in preferred equity financing.

Subscribe to Newsletter

Upcoming Events

Upcoming Webinars
January 26, 2022
Free Webinar
Solar Media Events
February 23, 2022
London, UK
Solar Media Events
March 8, 2022
London, UK
Solar Media Events
March 23, 2022
Austin, Texas, USA
Solar Media Events
March 29, 2022
Lisbon, Portugal