Power Purchase Agreement for Full Electrification in 77008

A PPA in Houston lets you buy solar electricity at $0.11/kWh, which is 20% below CenterPoint Energy (Houston)'s rate. No upfront solar cost. The developer claims the 30% ITC. Heat pump, battery, and EV charger are purchased separately.

For lease and PPA structures, the solar developer (not the homeowner) can still claim the 30% Investment Tax Credit under Sections 48/48E because the developer owns the system. This credit is worth $8,276 on the solar portion. It is reflected in your lower lease or PPA rate. The homeowner receives $0 federal credit directly.

Texas offers state and utility incentives totaling up to $1,250 for the full electrification bundle. These include TX Utility Rebate heat pump rebates of $500, and Local Utility EV charger rebate of $250. HP/battery/EV rebates apply to the components you purchase. Solar incentives are factored into your lease/PPA rate by the developer.

Yes. Most homeowners start with solar (via ppa), then add a battery, heat pump, and EV charger in phases. Each system has independent state and utility rebates, so phasing does not reduce your incentive eligibility. NuWatt designs all systems to be expansion-ready.

At PPA expiration (typically 20-25 years), you can buy the system at fair market value, renew at a renegotiated rate, or have it removed. Most homeowners purchase since the system still produces well.