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Mead says changing wind energy tax unlikely
Mead has expressed concern that the higher taxes might make wind energy companies look outside Wyoming. Nonetheless, the Legislature's Joint Revenue Interim Committee last fall rejected the governor's proposal to continue the tax exemption for wind energy projects while imposing a lower 2 percent impact fee on wind projects to support county governments.
January 27, 2012
in Gillette News Record
CHEYENNE, Wyo. - Gov. Matt Mead says he's given up hope that the Wyoming Legislature this year will roll back state tax increases on wind energy production and construction of wind energy projects.
Wyoming began imposing a $1 per megawatt hour tax on wind energy production in January. This month, the state also began imposing sales and use taxes that generally exceed 5 percent on equipment used on wind energy projects.
Mead has expressed concern that the higher taxes might make wind energy companies look outside Wyoming. Nonetheless, the Legislature's Joint Revenue Interim Committee last fall rejected the governor's proposal to continue... [continue via Web link]
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Tax Breaks & Subsidies
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Wyoming
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