Utility-scale solar, wind, and battery storage projects in Texas are projected to generate over $20 billion in tax revenue and provide $29.5 billion to landowners over their lifetimes.
A report by Dr. Joshua Rhodes highlights that current and expected projects will collectively contribute nearly $50 billion in lifetime payments to landowners and local taxes, benefiting over 75 percent of Texas counties. These projects are helping rural Texans maintain generational land ownership while addressing increasing electricity demand and enhancing grid reliability.
Industry leaders emphasize the economic benefits and grid contributions of renewable energy, with stakeholders reporting stable, multigenerational income, and communities gaining tax revenue for schools and infrastructure. The projects also deliver predictable, affordable energy to Texas homes and businesses.
Voices from across the state echo the positive impact of renewable energy. Local leaders note significant benefits for rural communities, including financial support for schools and optimized land use in challenging terrains. Solar farms are recognized for their collaborative approaches to community investment and innovative land-use practices, such as combining solar installations with agricultural activities.
The Texas Solar+Storage Association continues to advocate for the growth of solar and storage technologies, emphasizing their role in strengthening Texas’ economy, grid reliability, and energy leadership.