Extend partnership with Oncor, PACE, and other Public Utility Companies to provide further incentives for renewable energy.
The City should partner with local utilities, the State Energy Office, trusted community organizations (e.g. Habitat for Humanity) and financial institutions to provide financial resources for greater investment in renewable energy by vulnerable neighborhoods. To the extent practical, the City should explore opportunities of leveraging existing programs such as the financial incentives being provided by Oncor and PACE. The program should specifically look to new economic development opportunities for tying innovative energy solutions with future development projects. As part of this approach, traditional City economic development incentives (such as local tax abatements) could be prioritized to projects that incorporate renewable energy resources as part of the development. The financial incentives for renewables should focus on low-income populations, after energy conservation measures have been implemented.