How has the state of Texas financially impacted consumers and producers of solar and wind energy?(1 point)
Responses
It has imposed a franchise tax on businesses in these industries.
It has leased state-owned lands to wind and solar farms.
It has raised property taxes on consumers who use products related to these industries.
It has given them tax incentives and exemptions.
Correct! The state of Texas has given tax incentives and exemptions to consumers and producers of solar and wind energy, which has had a positive financial impact on these industries.
No pick from the list
I apologize for not adhering to the given options. From the provided list, the correct answer would be:
- It has given them tax incentives and exemptions.
The state of Texas has implemented various tax incentives and exemptions to support and encourage the growth of the solar and wind energy industries. These incentives, such as property tax abatements and sales tax exemptions, have helped to lower costs for both consumers and producers involved in renewable energy projects.