Texas city wants to pay homeowners to install solar

“A central Texas town that already uses 100 percent renewable energy is working out a plan to generate more electricity locally so it can stop buying power to meet demand.

The city of Georgetown wants to start paying property owners to let the city-owned utility install solar panels on their roofs and feed the energy into the broader power grid. The money would come either in the form of lease payments or royalties paid to eligible residential and commercial property owners.

It won’t mean free energy for city residents, or even a reduction in energy bills. What it will provide is price stability so costs are more predictable.”

Click here to read more from KXAN.

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