Texas Incentives/Policies for Renewables & Efficiency |
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Last DSIRE Review: 11/20/2012
Program Overview:
Summary:
In 2003 San Antonio's municipal electric utility, City Public Service (CPS Energy) established a goal of meeting 15% of its electrical peak demand with renewable energy by 2020 under its Strategic Energy Plan. In June 2008 the utility announced plans to increase the overall renewables target to 20% by 2020 with at least 100 megawatts (MW) from non-wind renewable energy sources. As of November 2012, the utility had 11% of their peak electric demand derived from renewable energy sources, including 44 MW of solar electricity installed and another 100 MW of solar electricity under contract . The 20% by 2020 target will require roughly 1,500 MW of renewable energy resources.
In January 2011, CPS Energy issued a request for proposals (RFP) for 50 MW of solar to help meet these goals. The original deadline for responding to the RFP was May 31, 2011. Due to the large response, CPS canceled the original RFP and increased the size of the project to 400 MW. In January of 2012, CPS announced that the offer from OCI Solar was selected as the winner of the RFP. OCI Solar's proposal includes 400 MW of zero-emission solar energy, 800 plus jobs and over $1 billion in construction investment.
CPS is not subject to the requirements of Texas's renewable portfolio standard.
The utility also offers rebates to its customers for the installation of photovoltaic (PV) systems, solar hot water systems, and energy efficiency improvements. Please see the utility website for more detailed information on the programs currently offered.
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Disclaimer: The information presented on the DSIRE web site provides an unofficial overview of financial incentives and other policies. It does not constitute professional tax advice or other professional financial guidance, and it should not be used as the only source of information when making purchasing decisions, investment decisions or tax decisions, or when executing other binding agreements. Please refer to the individual contact provided below each summary to verify that a specific financial incentive or other policy applies to your project.
While the DSIRE staff strives to provide the best information possible, the DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. make no representations or warranties, either express or implied, concerning the accuracy, completeness, reliability or suitability of the information. The DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. disclaim all liability of any kind arising out of your use or misuse of the information contained or referenced on DSIRE Web pages.
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