Articles filed under Taxes & Subsidies from Texas

Lawmakers should end wind subsidies

The evidence is in; wind energy claims are, at least for now, hot air. It’s time for Texas lawmakers to end the subsidies that have propped up the renewable energy market and let those industries stand on their own. That’s the conclusion of Texas Comptroller Susan Combs in a recent report.
30 Sep 2014

US Court decision a loss for wind, but boon for storage?

Judges Jennifer Walker Elrod and Jerry Edwin Smith said that while PURPA promotes alternative energy, it does not “do so at the expense of the American consumer” but “mandates that the rates that utilities pay for such power shall be just and reasonable.” The majority went on to say that the more favorable pricing is meant only for those generators “able to forecast when they will deliver energy to the utility — and capable of delivering the specified amount of energy at the scheduled time.”
18 Sep 2014

Texas wind industry might face a future without incentives

“Once this deadline passes in December, it definitely puts uncertainty on future projects,” he said. “Instead of laying folks off and contracting our spending, we’re simply moving to other markets. “Canada, Mexico and South America are pretty busy right now. Pretty much everything except for Europe is open to more wind energy right now.”
28 Dec 2013

Wind energy tax credit likely over, but effect may not hurt like before

So how would Texas wind power fare if the 2.3-cent-per-kilowatt-hour incentive lapsed? That would depend on how long the credit is unavailable, observers say. But for a couple of reasons, the effect probably won't be as harsh as in past uncertain times. Jeff Clark, executive director of the Austin-based Wind Coalition, said he's not too worried about the ticking clock. “There's a lot of projects in the pipeline right now,” he said.
23 Oct 2013

Federal wind energy grant paid for shopping sprees and vacations, accountant says

Timmins detailed the flow of money from the State Energy Conservation Office to the city of Jonestown to CM Energies to Central Texas Plastics and then back to Malouff's company. She said Central Texas Plastics submitted vouchers totaling $965,000 for work and materials but then sent most of the money -- $670,000 in checks -- back to Malouff's company.
13 Aug 2013

It's time we learn what green energy costs states and cities

Ironically, while taxpayers and utility ratepayers are being hammered coming and going to subsidize alternative energy and efficiency programs, the most reliable and cost-effective energy sources, fossil fuels, are the brunt of both political scorn and proposed tax increases. ...State legislators should press for those answers. We may be surprised at how much we spend for how little we receive.
28 Jul 2013

Texas' wind industry battens down

As the session progresses, renewable energy advocates are bracing to defend critical policies that have helped Texas become the leading wind-power state. The ascendancy of the Tea Party, an abundance of cheap natural gas and tighter budgets have reduced the sway of the wind industry. Solar power advocates anticipate limited gains at best.
15 Feb 2013

Texas wind boom threatened by expiring tax credit

Some wind experts think the credit extension will ultimately pass Congress, albeit after the November election ...others do not, and the industry is left to bemoan the difficulty of long-term planning. A one-year extension could mean the wrangling resumes next year. Hornaday said that Texas could benefit more than other states from a one-year extension because there are fewer rules here, making wind farms easier to build.
14 Sep 2012

Renewable incentives spark debate at Texas hearing

"Federal incentives for renewable energy, I believe, have distorted the competitive wholesale market" on the Texas grid, Nelson told the Senate Natural Resources Committee. Nelson said she believes those distortions are "one of the primary causes" of the current strains on the grid, and added: "I think we all need to move with extreme caution before adopting any additional incentives or mandates."
7 Sep 2012

Potential loss of tax credit becalms wind industry

Many supporters are optimistic that the credit will be renewed, but doubt it will happen before the November election. And a last-minute deal probably won't prevent mass casualties for the U.S. wind power business. "Most of the damage has already been done," said Matt DaPrato, senior analyst for IHS Emerging Energy Research. "There's going to be a big drop-off in 2013 either way."
11 Jul 2012

http://www.windaction.org/posts?location=Texas&p=2&topic=Taxes+%26+Subsidies&type=Article
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