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TXU Energy Unveils Limited-Time Instant Rebate For Residential Customers Who Purchase SunPower Solar PV Systems

SunPower solar power system 6In a first for an electricity retailer in Texas, TXU Energy has unveiled a new limited-time instant rebate for residential customers who buy a SunPower rooftop solar PV system through the firm.

The rebate varies between $2,000 and $5,000, depending on the solar PV system wattage size, and is applied as a per-watt discount at the time of purchase.

In addition to that news, TXU Energy has also unveiled a “new plan that increases the credit customers get for the electricity that their solar systems generate but they don’t use.”

“We were among the first retailers to pay our residential customers for their excess solar and wind generation in 2009,” stated Sam Sen, vice president of TXU Solutions, the solar and value-added services arm of TXU Energy. “Based on our years of experience and feedback from customers, we have simplified and increased our offer…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.”

press release from TXU Energy provides more: “Under the new TXU Energy Renewable Buyback plan, TXU Energy will buy this excess electricity from residential consumers who have purchased solar systems through TXU Solar from SunPower at the same per-kilowatt-hour rate that the customer pays for the grid-based electricity they use when that is needed. The company will deliver the credits to TXU Energy customers’ bills each month they generate excess electricity. TXU Energy customers who have solar panels from other manufacturers, as well as customers with qualified residential wind generation systems, will continue to have access to a competitive offer for their excess electricity.”

The instant rebate offer runs through the end of 2016.

Image via SunPower

 
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Written By

James Ayre's background is predominantly in geopolitics and history, but he has an obsessive interest in pretty much everything. After an early life spent in the Imperial Free City of Dortmund, James followed the river Ruhr to Cofbuokheim, where he attended the University of Astnide. And where he also briefly considered entering the coal mining business. He currently writes for a living, on a broad variety of subjects, ranging from science, to politics, to military history, to renewable energy.

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