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November 11, 2020
BEC launches new energy efficiency rebates
Bandera Electric Cooperative has announced its new rebate program to encourage energy efficiency and cost savings in its service territory. Rebates are available for qualified all-electric vehicle purchases and BEC installed solar systems.
“Promoting the adoption of renewable energy is important to BEC,” Energy Services Manager Justin McKenzie said. “It not only benefits the individual member, but also reduces the amount of power BEC purchases, keeping rates low for all members.”
Solar rebates vary based on the size of the system, and range between $1,000-$2,000. Solar systems must be installed by Dec. 31. A $1,000 rebate is available for qualified all-electric vehicles purchased by Dec. 31. Limited quantities of rebates are available and are granted on a first come, first served basis.
Solar systems installed by Dec. 31 are also eligible for the federal investment tax credit (ITC), also known as the solar tax credit. The ITC allows for a deduction of 26 percent of the cost of installing a solar system from your federal taxes.
Visit BanderaElectric.com/Solar to learn more about BEC’s renewable energy offerings. Rebate forms are available at BanderaElectric.com/Rebates.
“Promoting the adoption of renewable energy is important to BEC,” Energy Services Manager Justin McKenzie said. “It not only benefits the individual member, but also reduces the amount of power BEC purchases, keeping rates low for all members.”
Solar rebates vary based on the size of the system, and range between $1,000-$2,000. Solar systems must be installed by Dec. 31. A $1,000 rebate is available for qualified all-electric vehicles purchased by Dec. 31. Limited quantities of rebates are available and are granted on a first come, first served basis.
Solar systems installed by Dec. 31 are also eligible for the federal investment tax credit (ITC), also known as the solar tax credit. The ITC allows for a deduction of 26 percent of the cost of installing a solar system from your federal taxes.
Visit BanderaElectric.com/Solar to learn more about BEC’s renewable energy offerings. Rebate forms are available at BanderaElectric.com/Rebates.