Posting Language
Title
Authorize Austin Energy to issue commercial and multifamily solar incentives during Fiscal Year 2025-2026, in an aggregated amount not to exceed $5,300,000 for customer-sited commercial solar installations and $2,000,000 for customer-sited multifamily installations, for a total combined budget amount of $7,300,000 to qualifying solar incentive projects. Funding: $7,300,000 is available in the Fiscal Year 2025-2026 Austin Energy Operating Budget.
De
Lead Department
Austin Energy
Fiscal Note
Funding in the amount of $7,300,000 is available in the Fiscal Year 2025-2026 Austin Energy Operating Budget.
Prior Council Action:
September 26, 2024 - Council approved issuance of rebates for commercial and multifamily customer energy efficiency measures during Fiscal Year 2024-2025.
For More Information:
Amy Everhart, Director, Local Government Relations (512) 322-6087; Richard G?nec?, Vice President, Customer Energy Solutions (512) 322-6327
Council Committee, Boards and Commission Action:
August 11, 2025 - Recommended by the Electric Utility Commission on an 8-0 vote with Commissioners Alvarez and Reed off the dais and Chair Tuttle absent.
August 19, 2025 - Recommended by the Resource Management Commission on a 6-0 vote with Vice Chair Robbins, Commissioners Farmer and Gerland absent, and two vacancies.
Additional Backup Information:
The purpose of the Austin Energy solar incentives is to expand adoption of customer-sited solar. The Performance-Based Incentive (PBI) solar program offers commercial customers payments based on the metered solar production of their approved PV system for the first 5 years of operation. The Austin Energy Solar Capacity-Based Incentive (CBI) Programs support solar installations via a one-time, upfront rebate payment.
These programs advance the stated goals of expanding locally-sited solar, carbon reduction, and resiliency. The authorization of aggregate authority for the issuance of solar incentives will allow A...
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