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FUEL FROM THE SKY: SOLAR POWER’S POTENTIAL FOR WESTERN ENERGY SUPPLY Solar Energy Resources Texas MW GWh Acres (000) Premium 38,842 85,064 194 Excellent 50,681 99,892 253 SOURCE: POWERmap and RDI Consulting analysis. NOTE: Solar resources ≥ 7.0 kWh/m2/day are considered premium, 6.5-7.0 excellent, and 6.0-6.5 good. Estimates for electric generation assume 5 Acres/MW and capacity factors of 25% for premium, 22.5% for excellent, and 20% for good. Solar Resources Good 38,264 67,039 191 State Legislation Regarding Renewable Energy Sources Renewable Portfolio Standard New and existing renewables: 1,280 MW by 2003, 2,880 MW by 2009. 2,000 MW of total must come from new renewable resources. Green Energy Programs Texas has a competitive green market in some areas. Also, four utilities offer green pricing pro- grams. Tax/Financial Incentives Property tax exemption for the full value of a wind or solar generating system. Franchise tax exemption: Qualifying renewable energy system costs are deductible from a com- pany’s taxable capital. Alternately, the company may deduct 10% of the system cost from its income. A similar exemption is available for manufacturers and installers of wind and photovolta- ic systems. Net Metering Only renewables eligible, all customer classes eligible, ≥ 50 kW, no overall enrollment limit, net excess generation purchased at avoided cost. TOTAL 127,787 251,995 638 163PDF Image | Solar Fuel From The Sky
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