AUSTIN, TX--(Marketwire - Jan 16, 2012) - Longhorn Solar (www.longhornsolar.com) announced that due to the heavy demand from PEC customers at the recent the Austin Home and Garden Show the Company has decided to roll out its $1 per-watt solar rebate program to more than twenty Texas cities and towns throughout central Texas until the end of 2012.
"It was clear from the PEC customer interest at the Austin Home and Garden show that there is a huge pent up demand from folks living throughout PEC's service territory for a solar incentive program," said Louis Petrik, Longhorn Solar's Chief Operating Officer. "We are very proud to be the very first company to offer a solar incentive program for PEC customers and we look forward to helping them save millions of dollars on their electricity bills during 2012."
For the first time in history PEC customers can now sign up for solar rebates that range from $1,000 up to $20,000 to help them offset the cost of installing a solar power array. The solar rebates start for systems as small as 3-kW and are capped at maximum size of 20-kW to comply with PEC's interconnection agreement.
In addition to the Longhorn Solar rebate, PEC customers that install solar can also take advantage of the 30 percent Federal Solar Tax Credit, which means that a customer that installs a 20-kW system would also receive a federal solar tax credit up to $16,500.
By combining the $1 per-watt solar rebate with the 30 percent federal solar tax credit, PEC customers are now able to utilize solar incentives to pay for around 50 percent of the solar system's cost.
The solar powered savings for PEC customers will be substantial. A 20-kW solar power array will generate approximately $84,000 worth of free solar electricity over the solar system's 25-year life cycle.
More details are available on at: http://www.longhornsolar.com/pedernales_solar_rebates.html.
Contact Information:
Contact:
Robert Hoskins
Longhorn Solar
Director of Marketing
Cell: (602) 326-0940