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Monday, May 11, 2009

Legislation could help Texas become solar energy leader
Thursday, April 23, 2009 at 1:10:16 PM - by Danny Vo

Texas is reportedly moving closer to approving legislation that could help it become a leader in the solar energy industry.

A Wall Street Journal report says that a
solar power rebate plan was just approved by Texas state senators and must still be approved in the house. The $500 million plan would provide rebates funded by electricity bills to encourage more residents to invest in solar installations.

The plan reportedly has the potential to generate between 250 and 500 megawatts of solar energy in Texas, where lawmakers are also said to be weighing a proposal to require a 60 percent increase in renewable energy production from non-wind sources. The Journal notes that about 30 percent of the plan would be used to benefit small-scale solar installations.

Developing a stronger solar energy in Texas would complement the state's existing status as the number one producer of wind energy in the country.

9:02 am cdt 


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