The State of Texas has for a century been the national and global leader in the energy industry. As the world looks forward to a future beyond fossil fuels, Texas is committed to leading the way in renewable energy.

• The state’s $200 million Emerging Technology Fund establishes energy as a state funding priority.

• Texas is the largest generator of wind power in the nation and has enormous capacity to increase production from wind, solar and biomass sources.
• The state General Land Office, which manages Texas’ vast public lands and offshore claims, has made developing more and better renewable resources a top priority.
• A 2005 law sets Texas’ statewide goals for generating capacity from renewable energy at 5,880 MW by 2015 and 10,000 MW by 2025, including 500 MW from a renewable source other than wind energy.
• For two years, Texas has been the top wind producer in the United States. As of April 2007, Texas installed enough wind generating capacity to power over 600,000 average-sized homes a year.

Less than 35 minutes from Hutto is the University of Texas. UT Austin’s Electrical and Computer Engineering Department has ranked as one of the top 10 in the country for more than a decade, while the University ranks in the top 10 nationally for the number of science and engineering doctoral degrees.

Incentives are available for renewable energy firms in Hutto. The Emerging Technology Fund (ETF), along with other incentives programs such as the Texas Enterprise Fund, provides financial benefits to businesses creating high quality new jobs in Texas. The Central Texas Angel Network (CTAN) and The Central Texas Regional Center for Innovation and Commercialization (CenTex RCIC) offer funding and expertise for early stage technology companies. A variety of state and local tax exemption and tax credit programs are also available.