While Randolph's chairman is optimistic about a 145-megawatt wind farm development, he's bothered by how much money - or rather how little - the town will get in the deal. ...Under the Wisconsin Department of Revenue's shared revenue utility payment guidelines, $2,000 per megawatt of power generated is split between the county and town. The county gets two-thirds, while the town gets one-third. For a 145-megawatt project, that would provide roughly $96,667 per year to be split between the towns of Randolph and Scott, which also would house some We Energies' turbines, while the county would take in about $193,332.

Wind turbines are generating more than electricity in Coke County. They're also producing significantly more tax dollars for the Robert Lee Independent School District. And that's the problem. Under the state's "Robin Hood" school funding formula that takes from more affluent and gives to less affluent districts, Robert Lee ISD could end up benefiting little from the cash windfall. ...Under the present system, the state "recaptures" funds from property-wealthy districts and uses them to assist with financing public education in school districts deemed property poor.

JPMorgan analysts are recommending investors take a neutral stance on electric utilities and independent power producers, a less upbeat position than the securities firm took earlier this year. ...The firm also said it has received calls from a number of investors worried about T. Boone Pickens' high-profile plan supporting wind power could hurt power prices.

Wind is always available and it doesn't pollute the planet. But as wonderful as it sounds, using the resource for energy could come with a hefty price tag. ...But there's a big problem. The Texas Public Utility Commission [PUC] hasn't approved a way to funnel all the power from the wind farms in West Texas and eventually the panhandle, into the Dallas/Fort Worth area. Ross points out, "The only impediment we have right now is the construction of transmission lines. We've got to construct the wires to move the power back to Dallas/Fort Worth." According to the PUC, that could cost at least $1 million per mile to get the power into the local area.

Delmarva Power signed a landmark offshore wind power deal with Bluewater Wind on Monday, agreeing to buy enough power to light 50,000 homes in Delaware for the next 25 years. The long-awaited, $800 million deal could make Delaware the first state in the nation to build a wind farm off its shores. An array of as many as 70 towering windmills would rise in a tract east of Rehoboth Beach by 2012. ...Both parties agreed the contract will cost average residential customers about $5 a month more -- over the 25 years -- than they would have paid for electricity without offshore wind power. With volatile fossil fuel prices, no one can predict how much additional cost -- or savings -- customers may see over the life of the contract.

County commissioners unveiled a draft agreement Thursday for a tax-increment financing district that could bring the county up to $4 million over 20 years to use for economic development in unorganized territories. ...But Carrabassett Valley Town Manager Dave Cota said the draft agreement would shift more of the county tax burden to organized towns and let the company get away with not paying its fair share of taxes. Mitchell said the purpose was to reach a balanced agreement that would benefit all of the county directly and indirectly. The TIF would capture 75 percent of the new tax revenue for the first 10 years and 50 percent for the latter 10, with the county keeping 40 percent and TransCanada getting 60 percent. The remaining tax revenue gained would go into the state's unorganized territory fund.

Two area wind energy opponents filed a lawsuit Monday against the Taylor County Commissioners Court for granting what the plaintiffs say are illegal tax abatements to wind farms developed within the county. According to the lawsuit, wind energy equipment is not eligible for tax abatements under the state tax code. In 2004 and 2006, Taylor County commissioners granted five tax abatements potentially worth $5 million to $10 million to three companies that have built farms of wind turbines in rural areas of the county. "That's my money the county is giving away illegally. We're asking the court to rectify this," said Dale Rankin, one of two plaintiffs in the lawsuit.

The reason solar, wind, geothermal and power conservation stocks crashed largely comes down to fears of recession and to politics - as opposed to a major bubble across the green industry. While there are exceptions like waste-to-energy, most alternative energies depend on federal tax credits. The production tax credit (PTC) provides 19 cents per kilowatt hour for renewable energies, while the investment tax credit (ITC) offers a 30 percent rebate on the cost of a solar system. But the tax credits "sunset" every year or two and must be renewed, creating a boom-and-bust cycle. ...And with the PTC and ITC going the way of the dodo on Dec. 31, fears of recession and a credit crunch have all conspired against green investors.

Public Service of New Hampshire may not be happy with Regional Greenhouse Gas Initiative legislation that’s making its way through the Legislature, but the utility won’t actively oppose it, says Gary Long, president and chief operating officer. In an interview with New Hampshire Business Review, Long said PSNH “didn’t oppose what went through the House,” even though the company had major concerns with the bill that would set a regional cap on carbon emissions and force utilities to bid in an open auction to obtain allowances to emit carbons. Long said he was concerned that the free-market model proposed for the carbon allowances might drive up electric rates.

Idaho's regulated utilities, wind developers and state regulators have finally reached consensus on how much it costs to add wind to utilities' transmission grids. Three orders issued Tuesday by the Idaho Public Utilities Commission establish the amount of discounts utilities can assess against wind developers to account for the cost of integrating wind into their systems. The orders also remove a cap on the size of small-power projects that can qualify for a rate published by the commission.

Lawmakers in Jefferson County are about to get a crash course in wind farms and the revenue they generate. Tomorrow, the Board of Legislators will meet with Syracuse attorney Kevin McAuliffe, who specializes in payment in lieu of taxes (PILOT) agreements relating to wind projects. Because there are a number of wind farm proposals in the county, lawmakers are looking into ways PILOT programs can be structured. In any PILOT deal with a wind farm developer, money is paid to the county, school districts and municipalities where the turbines are located. Legislature Chairman Ken Blankenbush said he'd like to see a uniform PILOT deal - a one-size-fits-all package for every wind company.

Wind energy is booming in Iowa, and backers say it's only the beginning. ...But the jobs could blow away, economists warn, just as other manufacturing jobs have disappeared because of competition and technological change. Other states want to attract manufacturers, too. Wind power depends on subsidies, and changes in government policies could dampen the enthusiasm for wind. ...John Solow, a University of Iowa economics professor, is cautiously optimistic about the future for wind generation and turbine manufacturing. Future policy decisions and technological innovations could change that, he said. A breakthrough in clean-burning coal, for example, could reduce interest in wind energy and biofuels, he said.

“I’m not sure everyone knows what they are voting on,” Bono, District 11, said prior to the vote. ...information included guidelines for the contract negotiation, which include a proposal for a payment in lieu of taxes of $8,000 per megawatt, for a total of $640,000 on an 80 megawatt project. The information also said that the county would receive a one-time payment of $360,000 to $400,000 in its general fund for use on other projects such as the construction of a new county correctional facility. “One of my main concerns is how can I justify an 85 percent tax break for this company and not for anyone else,” Bono said. “We want to attract businesses to Herkimer County, but we cannot give 85 percent tax breaks to everyone. We need to continue to work with the numbers.”

If wind farm developers looked only at the bottom line, Illinois likely would be one of the last places they'd try to erect hundreds of wind harnessing turbines. Property tax rates are among the highest in the region. The permitting process varies from county to county, and roughly half of the petitions put forth so far have resulted in litigation with opposition groups. The strength and steadiness of the breeze is good but better elsewhere. ..."There's a tremendous wind resource, a tremendous renewable energy standard. . . . It's kind of a perfect storm right now," Link said. "(Illinois) truly is going to be a leading state when it comes to wind energy capacity."

Westar is seeking the rate approval to recover $282 million for ownership of turbines at two proposed wind farms and for costs in purchasing energy from a third farm. The 300 megawatts of electricity would come from the Central Plains Wind Farm in Wichita County; Meridian Way Wind Farm in Cloud County and Flat Ridge Wind Farm in Barber County. ...Westar expects energy demand to continue growing among customers and while new wind energy can put off purchase of new "baseload" or constant power sources, for now, the utility expects it will need to build a new power plant between 2016 and 2018. ...Moore told commissioners Westar would walk away from the wind projects if they weren't allowed to earn at least a small profit from them.

...global investment bank Lehman Brothers agreed to advise and finance the $700m Cape Wind project, the US’s first offshore wind farm located near Nantucket Island and a landmark cause for many environmentalists. This March, Goldman Sachs sold its investment – redubbed Horizon Wind Energy – to Portugal’s largest utility, EDP, for more than $2.1bn, making a profit of $900m. But Lehman Brothers’ project, despite early state-level approvals, has been stuck in bureaucratic purgatory from which it is unlikely to emerge soon. The problem: Nantucket’s millionaire residents oppose the wind farm, which they claim would ruin their ocean views. The contrast between the outcome of the Zilkha investment and the Cape Wind project illustrates the unpredictability of the clean technology sector. “There is no doubt in my mind that renewable energy is like other tech start-ups, where some will succeed and many will not.”

Paterson said although alternative energies would undoubtedly become very important in years to come, there was "little clarity" in the sector at the moment. Many fundamental questions remain about how to best capture and transmit energy from natural sources, making it difficult to assess the potential effectiveness of new innovations. However, Paterson said the biggest barrier was the fact that the sector is heavily regulated and influenced by government. Much of the current interest in alternative energies is being driven by strong support from Europe, the UK and the Scottish Government. "But from an investor's point of view, we have got to think about the long term," Paterson said. "What happens if the government changes, or priorities shift?"

The Ottawa City Council and Invenergy, developer of the Grand Ridge wind farm, have split the difference concerning the fee the city will receive as administrator of the enterprise zone being expanded for Invenergy's estimated $5.2 million benefit. ...The benefit to Invenergy would be an estimated $7.5 million exemption to state sales tax on project construction materials. The new deal gives the city an estimated minimum of $375,000 more than proposed in an agreement placed on file last Wednesday. Originally, Ottawa stood to benefit from a fee equivalent of up to 20 percent of the sales tax savings. But that was with the understanding the Ottawa Fire Department was to be the "first responder" to calls at wind farm construction sites -- which would mean ones in other fire agency jurisdictions. Under the revised agreement, Ottawa's share was to drop to 10 percent with the other 10 percent to be divided up among fire protection agencies in the expanded enterprise zone area.

WPSC joins several other utilities that have already sought rate hikes to recover costs for anticipated increases in fuel prices. They include Wisconsin Power and Light, We Energies, WI Gas and Northern States Power. The greatest increase is being sought by We Energies, which is asking for electric rate hikes of about 7.5 percent for 2008 and 7.5 percent for 2009. The company says the money is needed to help pay for its investments in the Blue Sky Green Field wind project in eastern Wisconsin, significant air quality control equipment at the company's existing power plants, new electric generating units at Port Washington and Oak Creek, and construction of transmission upgrades and additions by the American Transmission Co.