Going Solar with Oncor Electric Delivery: Is It Worth It?
Going Solar with Oncor Electric Delivery: Is It Worth It?
Blog Article
The demand for solar energy is rising across Texas as homeowners seek ways to cut down on energy costs and ensure reliable power. Many Texans are turning to Oncor Electric Delivery, the largest transmission and distribution utility in Texas, to explore solar options. While oncor solar rebate programs and oncor solar buyback plans offer incentives, navigating the process can be challenging. This guide covers everything you need to know about Oncor net metering, oncor commercial solar options, and the overall oncor solar program to help you make an informed decision.
Understanding Oncor Electric Delivery in Texas
Oncor Electric Delivery operates in over 98 counties, including major cities like Dallas and Fort Worth. However, as a transmission and distribution utility, Oncor does not sell electricity directly to consumers. Instead, customers must select a Retail Electric Provider (REP) to supply their electricity. Your REP determines the rates and the terms of net metering Texas Oncor programs, which allow homeowners to earn credits for excess solar energy sent to the grid.
Oncor Solar Program: What Incentives Are Available?
To encourage solar adoption, Oncor solar program provides rebates for residential and commercial solar installations. To qualify, homeowners must install a solar system between 3 kW and 15 kW with battery storage. Unlike traditional Texas solar incentives, which offer fixed amounts, Oncor's rebates depend on factors such as:
- System size and orientation
- Tilt angle and shading
- Panel brand and efficiency
- Home location
Since Oncor does not have a set incentive rate, your solar installer will determine your rebate eligibility and apply it as a discount on installation costs.
How Much Can You Save with Oncor Solar Rebates?
For instance, a 7.2 kW solar panel system in Dallas with Q cell panels may qualify for an oncor solar rebate of $4,402 if it meets the south-facing, optimal tilt angle criteria.
- System Cost: $29,800
- Oncor Incentive: $4,402
- Cost After Incentive: $25,400
- Federal Tax Credit (30%): $7,620
- Final Cost: $17,780
Oncor Net Metering and Solar Buyback Plans
One of the biggest concerns for solar adopters is how excess energy is handled. Unlike other states, Texas does not have a statewide net metering policy. Instead, each REP sets its own rules for solar buyback. If you are an Oncor Electric Delivery customer, you must ensure your REP offers a favorable oncor solar buyback plan. Some of the top REPs offering solar buyback include TXU Energy, Reliant, and Rhythm.
Commercial Solar Opportunities with Oncor
Businesses looking to reduce operational costs can benefit from oncor commercial solar solutions. Oncor provides financial incentives for commercial solar installations that meet their program criteria. These incentives help businesses lower upfront costs and improve their return on investment.
Oncor Solar Interconnection Process
Installing solar with Oncor involves multiple steps:
- Application Submission – Your installer submits a tariff application to Oncor.
- Interconnection Agreement – Oncor reviews and approves the system for grid connection.
- Permission to Operate (PTO) – Once approved, Oncor installs an electric meter to track energy production and usage.
Final Thoughts: Is Oncor Solar Worth It?
Investing in solar through Oncor can be a cost-effective decision, especially if you take advantage of the oncor solar rebate and find a strong REP offering a competitive oncor net metering plan. Additionally, solar plus battery storage provides energy security during grid outages. However, choosing the right solar provider is essential to maximizing these benefits.
Looking for a trusted solar installer? Solar SME is here to guide you through the oncor solar program and ensure a seamless installation. Book a FREE consultation today! Report this page