2011 House Bill 4285

Authorize “net metering” generator income tax breaks

Introduced in the House

Feb. 17, 2011

Introduced by Rep. Bruce Rendon (R-103)

To authorize a non-refundable income tax credit of up to $500, for up to 20 percent of cost of installing a solar, wind or hydroenergy system used to supply energy to a principal residence or residential rental property unit and is part of a “net metering” plan in which a customer both generates some electricity which is fed back into the power grid, and also buys some power from the utility.

Referred to the Committee on Tax Policy