Library filed under Taxes & Subsidies from Ohio

Developer drops plan to build wind farm in Logan County

In the decision, commissioners said Everpower didn’t meet all the requirements of the application and failed to show why the project would have a positive impact on the local economy. ...Commissioner’s also cited a public meeting where about 40 residents spoke out against the project and only the developer spoke in favor.
19 Jun 2016

Commissioners reject wind proposal

Logan-county-ohiowindresolution_thumb “The Logan County Board of County Commissioners is not convinced that over the life of the project that granting the PILOT would benefit the community. Likewise with respect to job creation, the Logan County Board of County Commissioners is not convinced that the amount of taxes abated would be exceeded by the benefit of gaining relatively few permanent employees,” the resolution reads.
15 Jun 2016

Renewable-energy benchmarks to be frozen indefinitely under new bill

Ohio Senate Republicans release a plan on Friday to indefinitely freeze the state’s annual benchmarks for renewable energy and energy efficiency, a bill that sponsors say is an embrace of science and affordability. ...If the freeze becomes law, the standards would remain at current levels, which is 2.5 percent for renewable energy and 4.2 percent for energy efficiency.
27 Mar 2014

AEP backs proposal to revise Ohio ‘green’ energy rules

AEP’s endorsement comes as Ohio Sen. Bill Seitz, R-Cincinnati, lead sponsor of the bill making the changes, says he is about to release a new version that would delay one of the most controversial provisions. He hopes to amend the legislation, Senate Bill 58, and for it to come up for a vote in the next two weeks. The current version would repeal a rule that says electric utilities must purchase half of their renewable energy from sources within Ohio. Seitz’s rewrite will delay that provision for several years.
21 Nov 2013

Champaign wind farm tax break battle looms

Developers of a Champaign County wind farm said they’re preparing to seek a special tax treatment from the state and county commissioners ...But some local officials said unanswered questions remain, and opponents argued the tax treatment is more about maximizing profits for the company than it is about making the project feasible.
24 Oct 2013

Wind developers plan to seek tax deal soon

Jack Van Kley, an attorney for Union Neighbors United, said despite the revenue, taxpayers would be providing a tax break to a private company if the PILOT payment is approved. UNU is made up of a group of residents who are opposed to the project. “Certainly, if this project were to stand on its own without taxpayer assistance, it would not be profitable,” Van Kley said.
11 Oct 2013

Taxpayers are forced to subsidize wind power

Two-thirds of the cost of wind development is paid for by taxpayers. New subsidized power from remote states will be paid for by the ratepayer/taxpayer. Congress has called for the phaseout of wind subsidies. When that happens, the new transmission lines surely will be the next "bridge to nowhere." Happy Global Wind Day.
15 Jun 2013

Local wind farm could benefit from tax credit

Although the PTC was extended, opponents said the fact that it was approved at the final hour is in indication that legislators were more skeptical of its worth. The PTC can still be amended, Linowes said. ...so it would not be granted to projects that produce most of their energy in the evening, when there is less demand on the grid, Linowes said.
4 Jan 2013

Wind tax credit could affect local turbine project

While the expiration of the PTC might affect some projects on the fringe of profitability, Linowes argued the majority would be able to be built by lowering other costs and possibly raising the price of the energy produced. "I think the wind industry so far has not made a strong enough case for the PTC to be extended for one year, for six years, for any number of years," Linowes said.
31 Dec 2012

Wind power has its fans, critics

"Take all of these [economic] impact studies with a huge grain of salt," said David Kreutzer, a research fellow in energy economics and climate change at the conservative Heritage Foundation. ..."They show the impact of the spending and leave out the impact of generating the revenue so that you have to spend it in the first place," he said.
15 Jul 2012

Group pushes extension of wind tax credits

Lisa Linowes, of the Industrial Wind Action Group, argued it is an unnecessary credit that largely benefits corporate investors and wind project owners. She said the real driver behind wind energy in recent years was state mandates that expanded the market for wind energy and other renewable energy sources. ..."The idea that wind is going to create and sustain jobs if the PTC is extended is largely industry hype and not substantiated by any performance data."
30 Apr 2012

Putnam negotiations upset wind farm company

The company has constructed a wind farm in Van Wert and Paulding counties, Commissioner Vince Schroeder said, with payments of $9,000 per megawatt. Putnam County should get the same amount, Schroeder and Commissioner Travis Jerwers told Lang. When the discussion became public, the company accused the commissioners of "revealing confidential information" and threatened to downgrade the project.
13 Nov 2010

Controversy surrounds wind energy tax law

A recently-passed law that gives Ohio's county commissioners the power to authorize property tax exemptions to wind turbine developers could impact local school districts. Senate Bill 232 gives exclusive power to county commissioners to accept regular property taxes from renewable energy developers or provide them incentives by collecting substantially smaller, annual payments.
28 Jul 2010

Ohio House passes wind energy bill

In a late-night session on Thursday, the Ohio House passed a version of Senate Bill 232 that can be sent to Gov. Ted Strickland. The house passed the bill on a 91-7 vote. Once the house vote was final, state senators passed the measure 27-5. The bill will change the way green energy firms like wind and solar companies pay taxes.
5 Jun 2010

http://www.windaction.org/posts?location=Ohio&topic=Taxes+%26+Subsidies
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