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Spanish Fork wind farms waiting for renewable energy tax credit
However, if tax credits for renewable energy sources aren't restored in a legislative session by the end of this year, then there will be no wind farm because the company can't afford to build and operate it without the credits.
July 4, 2006
by Natalie Evans
in Daily Herald
After half a million dollars and six months, the turbines are ordered and the power is purchased.
Only the need to obtain a renewable energy tax credit stands in the way of the wind farm in Spanish Fork that hopes to start harvesting wind in 2008. It's overcome opposition from Spanish Fork residents, windmill property owners and construction price hikes.
However, if tax credits for renewable energy sources aren't restored in a legislative session by the end of this year, then there will be no wind farm because the company can't afford to build and operate it without the credits.... [continue via Web link]
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