- Solar and wind projects help diversify local economies, creating new revenue for rural governments, school districts and landowners; but anti-economic development bills threaten that growth.
Wind power, solar power, and energy storage projects are providing new economic opportunities for rural Texas counties, bringing needed diversification, economic development, job creation, and multi-generational revenue through a growing property tax base and payments to landowners.
The updated version of CleanPowerPays.org, the interactive website created by the Advanced Power Alliance (APA) and Solar Energy Industries Association (SEIA), shows how the growth of renewable power and energy storage projects continues to expand dramatically. With each new project, Texans are delivered cleaner, cheaper electricity; landowners earn revenue from a new diversified source of income; and communities benefit from new tax revenue for local governments and schools.
The interactive website was updated to reflect data through December 31, 2021 and breaks down — by Texas county, legislative, and congressional district — existing and planned wind, solar, and storage capacity, estimated lifetime tax payments from those projects, and estimated lifetime landowner payments that individual Texans will receive from them.
The site shows that the overwhelming benefits of these investments flow to rural areas of the state. This helps to improve local schools, provide revenue for services and infrastructure, and empower farmers and ranchers with new ways to generate income from their land.
The interactive tool reveals the massive investment in Texas. Not surprisingly, West Texas and Panhandle legislative districts dominate the wind energy space, with some districts receiving billions in new tax revenue. Districts in South Texas, and those spanning the length of the state north and south of the Dallas-Fort Worth Metroplex, also have seen significant tax revenue growth from both wind and solar projects.
This growth has provided a lifeline for rural landowners in recent years, and many farmers and ranchers rely on income from their renewable energy harvest to support their agricultural operations, especially during times of drought or low commodity prices.
The public can access this information at CleanPowerPays.org to study the localized investments, and the financial benefits of wind, solar, and energy storage investments in Texas.
“Rural Texas can greatly benefit from solar, and this new tool will show lawmakers just how much large solar projects can contribute to rural communities,” said Nakhia Crossley, central region director and counsel at the Solar Energy Industries Association. “This interactive map shows how numerous communities across Texas are already benefiting from solar, and how much money these projects are contributing to local tax revenues and payments to landowners. As we look to grow the solar industry in Texas, this tool will help us better understand the economic growth potential of solar.”
“The CleanPowerPays.org website shows the incredible financial benefits that solar and wind energy have created in Texas, and we’re proud to offer this tool so the public can see not only where their renewable power comes from, but also how that investment is affecting Texas communities. Texas must continue to lead in every form of energy, and this site visually demonstrates how the continued growth of our energy economy can pay dividends for rural Texas,.” said Jeff Clark, president of the Advanced Power Alliance.
Access the Interactive Website Here: CleanPowerPays.org