AEP Texas North Company - SMART Source Solar PV Rebate Program

American Electric Power Texas North Company (AEP-TNC) offers rebates to any customer that installs photovoltaic (PV) systems on homes or other buildings. Rebates may be assigned to the customer, a service provider, or a third party. Rebates Residential customers can receive a fixed incentive, while commercial customers can receive a tiered, capacity-based incentive. Incentive levels are as follows: Residential Commercial System Size Incentive Amount System Size Incentive Amount 0.001-2.999 kW-DC $0.50/W-DC First 0-25 kW-DC $0.50/W-DC 3-4.999 kW-DC $1,500 5-7.4999 kW-DC $2,250 Additional kW up to 200 kW-DC $0.25/W-DC 7.5-30 kW-DC $3,000 PV System Eligibility Unless used for educational purposes by a school, systems must be at least 1 kilowatt (kW)-DC in size to qualify for the rebate. Systems may not be sized to produce energy in excess of that required to meet annual on-site energy consumption. Each customer and point of service is eligible to participate in the program multiple times, subject to other program limitations (e.g., maximum per customer and per project incentive limits). Systems must be new, connected to the grid on the customer side of the meter, meet minimum estimated performance requirements (80% of optimum), and meet all applicable code and utility interconnection requirements. Eligible systems must be covered by an all-inclusive warranty for at least five years from the date of installation. All installations must be performed by service providers who meet program eligibility requirements. AC disconnect switches and revenue-grade solar meters (provided by the service provider) are required. All installations shall utilize mounting/racking systems and hardware specifically designed for use with photovoltaic systems. Installations may be subject to a variety of inspection and performance monitoring requirements in the short- and long-term. Please refer to the Program Guidebook for additional details.