TXU Energy, a Dallas-based utility, partnered with SunPower to offer an instant rebate of $2,000 to $5,000 to its customers who purchase SunPower solar arrays for their homes through the end of 2016. That’s in addition to crediting them the retail rate for the solar power they generate and put back on the grid.
Through the instant rebate program, SunPower will coordinate the installation of a rooftop system that’s estimated to have a 40-year lifespan. The company will handle the acquisition of all permits, inspections and connections with local utility infrastructure. The new offering is part of the TXU Energy Renewable Buyback Plan, under which residential customers are credited monthly for the power they put back on the grid at the same per-kilowatt-hour rate that they pay for grid-produced electricity. The credits, usually referred to as a net-metering arrangement, help to further reduce electric bills.
"Our combined excess electricity purchase plan and instant rebate is a unique offer that provides tremendous value while still delivering the peace of mind of grid-power at competitive rates when that is needed,” said Sam Sen, vice president of TXU Solutions. Through the Renewable Buyback plan, TXU Energy also includes a free consultation to assess a house’s energy efficiency, an evaluation of rooftop space, and an estimate of construction costs and potential energy savings.
TXU Energy is one of the more progressive utility companies in Texas and has made other renewable energy offers available to consumers to make renewable energy a more affordable energy option. It is also among a few energy providers in the state that are offering a full net-metering credit for small businesses and residential consumers for excess energy their solar and wind systems generate. However, some other regions in the state, like San Antonio and Austin are also helping more consumers go solar.
"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,” added Sen.
For its part, SunPower continues to participate in unique partnerships to expand the solar power market across the U.S. For example, back in April of 2016, the company partnered with AT&T to connect customers remotely with their Equinox solar systems through the internet to enhance customer’s energy efficient experience in real time.Tweet