Renewable
Energy Incentives
Local Organizations
San Antonio is one of the few
cities in the great state of Texas that is privileged to have local non-profit organizations supporting and advocating energy saving initiative
at all levels of government.
List of Non-profit
organizations:
- Solar San Antonio.
"Solar San Antonio works to decrease energy costs and improve the quality of life in San Antonio and South Texas..."
- Metropolitan Partnership
for Energy. "The Metropolitan Partnership for Energy (MPE) works to increase San Antonio’s energy efficiency and sustainability by providing the region with energy leadership, education and expertise..."
Local
Incentives
Two of our local utility
providers in an effort to help our community lower their utility
bills, as well as to decrease the ever growing demand on local
resources has initiated several rebate programs.
San
Antonio Water Systems rebate programs:
- S.A.W.S.
Hot water on demand rebate. "Are you still watching water go down the drain while
you wait for it to get warm? ..."
- Wash
Right washing machine rebate program. "It pays to wash right.
Here’s a dirty little secret about your old washing machine: It wastes water, energy and money. It’s time to consider a new water and energy efficient washing machine..."
- Residential Toilet Distribution Program.
"With the SAWS Kick the Can Program, getting rid of your old water-wasting toilet saves you water and money..."
- Water Saver Landscape Rebate.
"Watersaver Landscapes are lush and green, full of color and texture, providing an interesting retreat for humans and wildlife alike, while contributing to solutions in water conservation efforts..."
City Public Service
Rebate Programs:
- HELP Home Efficiency Loan Program.
"Homeowner uses loan to upgrade their air conditioner, heating unit, duct work, insulation and or doors and windows..."
- Smart Energy Rebate Program.
"Open to all residential CPS customers using either natural gas clothes dryer or a natural gas water heater..."
- Central Air Conditioning Rebates.
"Earn as much as $650 back when you buy a new, high-efficiency central heating and cooling unit with a SEER rating of 13.0 or greater..."
- Window Air Conditioning Rebates.
"Get up to $100 back when you buy a new air conditioning window unit with the ENERGYSTAR® seal of approval..."
- Commercial & Industrials Rebates.
"Businesses can qualify for up to $50,000 in rebates with the installation of energy efficiency products..."
- Lawn Motor Rebates.
"Trade in your gas-powered lawnmower, blower, edger or trimmer for rebates up to $80 on select models of zero-emission electric lawn equipment from Black & Decker..."
State and
Federal Incentives
The state of Texas offers
several renewable energy incentives to it citizens and corporations such
as property tax and franchise tax exemptions. For more incentives
and details, please follow the web links below.
The Federal government credits
back 10% of the total investment on any renewable energy equipment such
as solar air conditioning, solar space heat, solar electricity and solar
hot water. In addition to the above renewable investment, the
federal government gives a 10% tax credit on insulation purchases to reduce heat loss and air
condition leakage. Home-office businesses can also claim this 10%
tax credit in proportion to the office space square footage. To claim this tax credit use IRS form 3468.
If you need instructions on using the form, please relate to Publication
17, page 97 or see your accounting and tax expert.
Businesses can recover the their
investment in renewable energy equipment within five years of the
purchase through the Modified Accelerated Cost Recovery System
depreciation method. In addition to the above depreciation method,
businesses can also depreciate 50% of the investment cost within the first
year. Please see your accounting and tax experts to see if you
qualify for any of these tax benefits.
The links below will provide
you with information on availability and qualifications for state and
Federal renewable energy incentives programs.
