New Report: Clean Energy Industry is Generating Billions for Texas Landowners and Local Governments

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A new study by the Advanced Power Alliance, Conservative Texans for Energy Innovation, Solar Energy Industries Association, and Texas Solar + Storage Association reveals that utility-scale solar, wind, and battery storage projects in Texas are projected to generate over $20 billion in total tax revenue and pay Texas landowners $29.5 billion over the projects' lifespans. This significant economic impact is detailed in a report authored by leading energy expert Dr. Joshua Rhodes of the University of Texas at Austin, indicating that renewable energy projects not only provide essential tax revenue but also offer stable, long-term income for landowners.

The report emphasizes the critical role renewable energy and energy storage projects play in bolstering Texas' economy and grid reliability. Key findings include the benefits of consistent revenue streams for landowners, the importance of continued growth in these sectors for economic stability, and the advantages of predictable and affordable power offered to Texas communities. Industry leaders and local voices highlight the positive impact of these projects in driving down electric bills, enhancing grid reliability, and fostering economic development opportunities across the state.