Longhorn Solar Rolls Out Bonus 0.50 Per-Watt Solar Rebate Program for Customers in 20 Texas Cities That Missed Out on Oncors Solar Rebate Program Last Year, but Still Want to Go Solar

DALLAS, TX and FT. WORTH, TX -- (Marketwire) -- 02/08/12 -- Longhorn Solar (www.longhornsolar.com) is encouraging Oncor customers in deregulated electric areas to put in their solar reservation form early this year so that they do not miss out on Oncors 2012 Solar Rebate program, which could be funded soon.

"To make solar more affordable, Longhorn Solar is now offering a Bonus Solar Incentive of 0.50 per-watt to the first one hundred customers that allow Longhorn Solar to fill out an Oncor solar reservation form on their behalf," said Louis Petrik, Longhorn Solars Chief Operating Officer. "On a 10-kilowatt (kW) solar system, the bonus incentive will save our customers an extra 5,000 in addition to whatever solar rebate Oncor offers during 2012."

"Customers that want to install a solar system during 2012 need to get in line right now or they could miss out completely on Oncors solar rebates," Petrik added. "Last year, Oncors solar rebate program ran out of money in several months and the demand for solar could be even higher this year as customers strive to install solar to protect their families against a repeat of last years Texas heat wave, which sent electric bills soaring to record highs."

The Longhorn bonus solar rebate and the Oncor solar rebate combined reduce the price by two-thirds on the total cost of the system. On top of solar rebates, participants will also be able to take advantage of the 30-percent Federal Solar Tax Credit, which allows customers to deduct up to an additional 3,960 off the price of their solar power array.

The solar powered savings for customers will be substantial. A 10-kW solar power array will save customers approximately 1,400 per year on electricity and generate 35,000 or more of free solar electricity over the solar systems guaranteed 25-year life cycle.

Customers can call Longhorn Solar at (512) 837-4800 for a free over-the-phone solar rooftop review to see how much they can save on electric bills by installing a solar power array.

More details at: https://www.longhornsolar.com/oncor-solar-incentives.html.

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