Ethanol and Biodiesel Production Incentive (Texas)

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Summary

Last modified on February 12, 2015.

Financial Incentive Program

Place Texas

Name Ethanol and Biodiesel Production Incentive
Incentive Type Performance-Based Incentive
Applicable Sector Industrial, Rural Electric Cooperative
Eligible Technologies Ethanol, Biodiesel
Active Incentive No

Implementing Sector State/Territory
Energy Category Renewable Energy Incentive Programs
Amount Net grant of 16.8 cpg







Start Date 2003-09-01

















Terms Grants for first 18 mgy produced in first 10 years
Program Administrator Texas Economic Development and Tourism Office

Date added to DSIRE 2003-07-22
Last DSIRE Review 2003-07-28



References DSIRE[1]


Summary

Ethanol and Biodiesel producers can receive grants of 20 cents per gallon for the first 18 million gallons produced per year for the first ten years of production. The program is funded through a 3.2 cents per gallon fee from producers; fees are matched by 5.25 times with general revenue funds. Thus the net grant amount is 16.8 cents per gallon. Biodiesel must meet ASTM standards.


Authorities (Please contact the if there are any file problems.)

Authority 1: SB 275 (2003)
Date Effective 2003-09-01
Date Enacted 2003-06-20


















  • Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.[1]

References

  1. 1.0 1.1  "Database of State Incentives for Renewables and Efficiency (DSIRE)"