Big corporations are profiting from taxpayer-funded wind farms.
The PUC should end operating procedures that favor renewable generation, such as subsidizing their transmission and allowing them to fail to dispatch electricity when needed without penalty. The Texas Legislature should end local 312 and 313 tax abatements for renewable generation and mandates for purchasing electricity from renewable sources. And it should tell the PUC to eliminate the distortions caused by the PTC.
Markets have already declared renewable energy outdated. It is time for policy makers to do the same.
Learn more: texaspolicy.com/renewable