Recent legislative developments in Texas—specifically Senate Bills 878 and 819—propose significant changes to the development of renewable energy projects that have not yet secured Chapter 312 tax abatement agreements. Kroll’s Site Selection & Incentive Advisory practice is providing this alert to current and prospective clients with renewable energy projects under development in Texas and the ERCOT grid and stands ready to assist your team with tax incentive pursuits.
SB878
SB819
We strongly advise that all active renewable energy projects evaluating Chapters 312, 380, and 381 agreements in Texas expedite those pursuits and plan to secure them well before the September 1, 2025 effective date of such legislation. Taking proactive steps now will help improve your project's financial viability and prevent potential delays or additional costs arising from these proposed legislative changes.
Our team is ready to provide you with tailored guidance and assist in expediting the process. Please contact us at your earliest convenience to ensure that your project remains on solid footing as the legislative environment evolves.
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