Category:
Vermont
The House also approved a controversial compromise energy bill Friday afternoon, but it may well face a veto by the governor. Although the bill won easily in the House - it was approved by a vote of 85-61 - mustering the two-thirds support to override that veto would seem unlikely. In fact, some lawmakers said they might not return during the summer to attempt to override that veto, and instead take the matter up when they return for the regular session in January.
The compromise bill agreed to by the House and Senate would impose roughly $25 million in additional power generation taxes on Entergy Nuclear, the parent company of Vermont Yankee nuclear plant, between now and 2012. Future wind power projects would be taxed at a similar per-kilowatt rate, instead of regular state property taxes, a measure which wind power developers requested to provide a predictable tax rate.
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Energy Policy]
Bryant once was also an avid supporter of large-scale wind farms-until UPC Wind made plans to build a 16-turbine wind farm in his hometown. Now he vehemently opposes such projects, which he claims will overwhelm his stomping grounds environmentally and economically. Bryant and members of Ridge Protectors, a nonprofit he co-founded three years ago to oppose large-scale wind projects in the state, have raised $750,000 to stop the Sheffield project.
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Zoning/Planning]
MONTPELIER -- Without a word of debate or even a roll call, the Senate voted Wednesday for a bill designed to encourage energy efficiency and renewable energy, along with an increase in the state's tax on Vermont Yankee to pay for it.
The tax on Vermont Yankee's electric generation would claim $25 million from the nuclear power plant's owner, Entergy Corp., between 2009 and 2012. The House is expected to vote on the bill Friday, when it's likely to face debate......The plan would tax Vermont Yankee's power generation from a rate of $.00225 per kilowatt-hour in 2009, $.0025 in 2010 and $.003 in 2011. Wind power projects would be charged at the same rates.
That's a rate wind developers sought and praised. "The wind energy property tax set in the bill is good for Vermont because it will encourage wind farm investments here, which the state needs to have a clean energy future," said Adam Necrason, lobbyist for Renewable Energy Vermont.
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Tax Breaks & Subsidies]
House offers up new twist on Vermont Yankee tax
May 10, 2007 by Terri Hallenbeck in Burlington Free Press
May 10, 2007 by Terri Hallenbeck in Burlington Free Press
MONTPELIER -- House members offered up a different proposed tax Tuesday to pay for an energy-efficiency program -- one that still focuses on Vermont Yankee but in a way that proponents say should defuse complaints about an earlier Senate plan to tax some of the nuclear power plant's profits.
The new plan nonetheless drew fire from the plant's owner, Entergy Corp., and the Douglas administration.
The proposal would tax Entergy at just over one-half cent per kilowatt hour on the amount of power it generates at the Vernon plant. That would amount to about $25 million a year, a hefty increase from the $4.5 million Entergy now pays.......Wind developers don't like the rate of just over one-half cent per kilowatt hour proposed by the House, saying it is high enough to discourage developers from coming to Vermont. Andrew Perchlik of Renewable Energy Vermont Inc. said three-tenths of a cent is more fair.
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Tax Breaks & Subsidies]
Central Vermont Public Service Corp. and Green Mountain Power Corp., are planning to convert their traditional meter reading system to what's called in the industry smart metering.
Instead of one of the company's meter readers coming to a home or business, the high-tech meters automatically read the amount of electricity used and transmit that information back to a central location.
"The remote control afforded by automated metering will allow us to increase energy conservation, better manage peak usage, provide more timely, accurate reading and billing, enhance our storm restoration efforts, and potentially reduce customer costs,"
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General]
While nuclear power remains unpopular with many in the home county of Vermont Yankee, there are new efforts underway to ensure that the state's only nuclear power station not only keeps pumping out electrons, but that nuclear power is potentially a greater portion of the state's energy portfolio.
Supporters of increased nuclear power say Vermont, and anti-nuclear activists, are ignoring many of the benefits the fuel source provides in terms of reduced greenhouse gas (GHG) emissions, and a stable supply of electricity.
Nuclear supporters also point to a sort of "nuclear renaissance" around the globe, including the commitment in the United States to build six new 500-1,000 megawatt reactors, the result of an energy bill passed by Congress in 2005.
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Energy Policy]
By one thin vote, the Senate gave preliminary approval Tuesday to taxing some of Vermont Yankee's profits to pay for an energy-efficiency program.
Critics of the tax, which passed 15-14, took turns calling it arbitrary, capricious, predatory and unnecessary.
The tax on the nuclear power plant's unexpected increase in profits is the most controversial part of a larger bill that supporters say will help Vermonters use less heating fuel and encourage development of renewable energy.
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Tax Breaks & Subsidies]
Senate approves tax on Vt. Yankee to pay for efficiency program
May 2, 2007 by Louis Porter Vermont Press Bureau in Times Argus
May 2, 2007 by Louis Porter Vermont Press Bureau in Times Argus
MONTPELIER - The Senate very narrowly approved a tax Tuesday on revenue earned by Entergy, the company that owns the Vermont Yankee nuclear plant, to pay for a program to reduce the use of heating fuels in the state.
The "all fuels" efficiency program to help pay for weatherization and other heating fuel saving measures has become one of the most contentious issues in the Statehouse this year. The tax was passed along with preliminary approval of the Senate's entire energy and anti-global warming bill Tuesday was by a vote of 18-11.
The real fight, however, was whether to accept the proposed 35 percent tax on revenue gained by Entergy from the operation of the Vermont Yankee plant. That attempt passed by a 15-14 vote.
BENNINGTON - A plan to tax Yankee Nuclear to fund the expansion of Efficiency Vermont has drawn opposition from a local legislator who has vowed to fight it, calling the proposal "dirty politics."
Rep. Joseph L. Krawczyk Jr., R-Bennington, said the funding source proposed by Senate President Pro Tem Peter Shumlin, D-Windham, which will cost Vermont Yankee about $37 million dollars over the next five years, is ill-advised and irresponsible.
"This is dirty politics," said Krawczyk. "We should be doing policy but we're playing politics."
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Tax Breaks & Subsidies]
Significant New England Energy Alliance Survey Results
April 26, 2007 by New England Energy Alliance Press Release in Earth Times
April 26, 2007 by New England Energy Alliance Press Release in Earth Times
New England Energy Alliance Survey Finds Consumer Concern about Future Electricity Supplies, Desire to Choose Electricity Supplier and Support for Addressing Global Warming
Coalition of Citizens File Anti-Trust Complaint With the Department Of Justice Against the Wind Energy Industry
April 25, 2007 by Bradley E, Jones in IWA
April 25, 2007 by Bradley E, Jones in IWA
A grass roots coalition of nearly 100 citizens from New York, Vermont, and other states have filed a federal Anti-Trust Complaint alleging that an international cartel comprised of foreign and domestic business entities have conspired to eliminate competition in the newly emerging U.S. wind energy sector.
Shumlin proposes Yankee tax to fund energy efficiency
April 24, 2007 by Louis Porter, Vermont Press Bureau in Rutland Herald
April 24, 2007 by Louis Porter, Vermont Press Bureau in Rutland Herald
MONTPELIER - Senate President Pro Tem Peter Shumlin wants Entergy Nuclear, which owns the Vermont Yankee power plant, to pay to reduce Vermont's contribution to global warming by funding a program to make the heating of buildings in the state more efficient.
The company has, or will, earn "windfall" profits because of increased energy prices and new government programs and agreements, Shumlin said. A portion of those profits should be used to fund anti-climate-change programs that Shumlin hopes will be a centerpiece of this year's legislative session.
"We think that is both fair and appropriate," Shumlin said. "This tax will not cost Vermont ratepayers one penny."
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General|
Tax Breaks & Subsidies]
HINESBURG -- It may be a hall of learning, but Hinesburg's Carpenter-Carse Library building will soon become an educational showcase, with or without the books.
This June, a small wind turbine will be installed in Hinesburg's Geprags Park that will power the library. The 2.5 kilowatt-hour turbine will be installed by Earth Turbines, a business recently founded by David Blittersdorf, founder of NRG Systems.
The difference between the two businesses, Blittersdorf said, is NRG works on large-scale, wind-power projects, while Earth Turbines focuses on "home wind power" -- small wind power projects that will create enough power to run a single home or building.
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Zoning/Planning]
Two energy bills take up political energy
April 6, 2007 by Terri Hallenbeck in Burlington Free Press
April 6, 2007 by Terri Hallenbeck in Burlington Free Press
MONTPELIER - The vote Thursday was 138-8 on the House's energy bill. Masquerading behind that peaceful, easy vote was a contentious off-stage fight.
A series of negotiations in recent days narrowly averted a very public fight on the House floor that would have featured Democrats disagreeing with Democrats on the value of wind power.
That's just what Democratic House leaders wanted to avoid. This issue, after all, was a priority for the legislative session.
The Vermont Public Service Board is seeking a more informative petition for a certificate of public good from a developer seeking to construct and operate a wind generation facility in Readsboro and Searsburg.
According to the original petition submitted in January, the project would be comprised of between 15 and 24 turbines on approximately 80 acres, mostly in the Green Mountain National Forest.
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Zoning/Planning]
Attacking global climate change was at the top of lawmakers' agenda Wednesday, but they had mixed success in making progress on their marquee issue.
Two key House committees were at odds about how to tax wind energy projects, arguing throughout the day and slowing action on a larger bill designed to promote renewable energy.
But a third House committee advanced another provision of the initiative, which its advocates said would address one of the state's largest sources of greenhouse gas emissions: car and truck exhausts.
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General|
Tax Breaks & Subsidies]
House adopts tax policy that wind developers say they need
April 5, 2007 by Ross Sneyd, Associated Press in Boston Globe
April 5, 2007 by Ross Sneyd, Associated Press in Boston Globe
Most industries don't like new taxes, but developers of wind energy projects welcomed one Thursday that would be imposed on their turbines.
They just weren't crazy about the rate established in a bill that was endorsed by the House. They said they were glad the proposal would offer predictability about what their tax bills would be from one year to the next, but they would seek a lower rate when the bill is considered in the Senate.
"It's a tax certainty," said Andrew Perchlik, executive director of Renewable Energy Vermont. "It allows wind farmers to know exactly what their tax is going to be. We feel the number the House is coming up with is too high."
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General|
Tax Breaks & Subsidies]
The Vermont House has endorsed a new policy that advocates say would encourage development of wind energy projects.
The policy would tax the wind generators based on the amount of power they produce instead of taxing them on their fair-market value as real estate.
Advocates say that makes their annual tax predictable and makes financing of the projects easier.
They do argue with the rate set by the House. Lawmakers set it at a half-penny for every kilowatt hour produced. But advocates say it should be a third of a penny. The renewable energy bill containing the wind tax won preliminary approval today and is due for final debate in the House tomorrow.
Then it will be taken up in the Senate, where advocates hope to lower the tax rate.
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General|
Tax Breaks & Subsidies]
The latest chapter in the ongoing controversy of siting turbines on Vermont ridge line is unfolding in the House as lawmakers wrangle over setting a tax rate that wind farms will pay into the education fund.
At the heart of the debate is how far the state should go in using taxes as an incentive to spur wind development.
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General|
Tax Breaks & Subsidies]
The words "global warming" never appear in H. 520. Climate change is mentioned just once in S. 94. Yet, both bills are at least partly the product of three weeks of testimony on those issues.
Listening to that testimony in January, Sen. Virginia Lyons said one thing stuck out: The easiest way to save energy was through efficiency.
"That was a very loud and clear message from Day 1, and it resonated," said Lyons, a Chittenden County Democrat who chairs the Senate Natural Resources and Energy Committee. "I had an inkling it was a low-hanging fruit."
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Energy Policy]
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