Renewable Energy in Dallas
Commercial, Industrial, and Institutional Sectors
There are significant changes taking place in the energy sector including opportunities for implementing small-scale renewable energy systems and associated financing options. Two-thirds of the energy consumed in Dallas is from the commercial, industrial, and institutional sectors.
This page provides information and resources relating to cost savings, demand-side management practices, and other benefits gained from installing on-site renewables and from purchasing a renewable energy contract.
Benefits of Renewables
On-site renewables can save operating costs, reduce energy demand, and increase organizational resiliency. During peak demand, retail electric providers may charge higher electricity rates; on-site renewables can also help defray these costs.
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Another benefit of renewable energy generation is generating energy that produces no greenhouse gas emissions from fossil fuels and reduces some types of air pollution. It also diversifies energy supply and reduces dependence on imported fuels.
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Likewise, purchasing a renewable energy electricity contract reduces an organization's carbon footprint and supports green energy and jobs.
Resources
Property Assessed Clean Energy (PACE)
Property Assessed Clean Energy is a proven financial tool that incentivizes property owners to upgrade facility infrastructure with little or no capital outlay. Learn More
Available
Incentives
A variety of incentives, ranging from tax credits to rebates to bill credits from your electric provider, can help make the economics of solar even better.
Federal
Tax Credit
The Business Energy Investment Tax Credit (ITC) of 30% of the total project cost (no maximum) is available for a variety of renewable energy projects, including solar PV.
Property Taxes
Texas law allows businesses to deduct the cost of a solar energy device from franchise taxes. More information can be found on the Texas Comptroller's website.