Energy Incentives

Incentives are available for solar PV installations at businesses which receive electric service from South Western Electric Power Company.  Annual funds limits do apply.  Incentives are offered at $2.50 per watt of installed PV capacity or approximately 25 to 30 percent of installed costs. Customers should consult their solar installer for more details.

To participate in the solar PV incentive program, customers must be located in SWEPCO's service area and be served by a SWEPCO electric meter.  Your solar PV installer can help you determine if you are eligible to participate.

For additional details on the program, as well as a list of registered solar installers, please visit: http://www.txreincentives.com/apv/index.php

 

KEDC wants your company to be profitable. And green. That’s why we are presenting a new program from our regulated electric utility company designed to offer financial incentives to commercial customers in Texas who implement energy saving measures.
If your company is considering improving its overall energy efficiency, you should consider South Western Electric Power Company’s Commercial Standard Offer program to help reduce costs, promote energy efficiency and lower your electric bill.
SWEPCO commercial customers with at least an average monthly demand of 50 kW can take advantage of the financial incentives which are paid based on peak demand reduction and energy savings at the following rates:

 

Unit
Incentive Rate
Peak Demand Reduction (kW)
$1765.00/kW
Energy Savings (kWH)
$0.06/kWh
Most new and retrofit projects that reduce energy and demand at least 10 kW during the peak summer period and have a useful life of at least 10 years are eligible including:
·         Interior lighting
·         HVAC and chiller replacements
·         Motor efficiency upgrades
·         Air cooling and refrigeration compressor replacement projects
·         Air-side and water-side economizer projects
For more information please contact either:

 

Kilgore Economic Development Corp.
South Western Electric Power Company
Amanda Nobles
Paul Pratt
903.983.3522
318.673.3542
pepratt@aep.com