Articles filed under Taxes & Subsidies from USA

Democrats try to extend wind, solar aid they Aagreed to let die

An extension of the credits would need the backing of Senate Republicans to pass and would represent a bonanza for the solar and wind industries. Rooftop solar installer Solar City Corp. surged 34% after the 2015 deal was announced. BloombergNEF predicted the credits’ extension would lead to $73 billion in new investment and a 56% increase in new wind and solar capacity.
15 May 2019

Berkshire takes tax hit as victim of ‘Ponzi-type’ solar scheme

“In December 2018 and during the first quarter of 2019, we learned of allegations by federal authorities of fraudulent income conduct by the sponsor of these funds,” Berkshire said Saturday in the filing, without naming the sponsor. “As a result of our investigation into these allegations, we now believe that it is more likely than not that the income tax benefits that we recognized are not valid.”
9 May 2019

Huron County turns back on wind farm

“There is no guarantee on how long the wind turbines will last, that being said we chose to have regular taxes paid rather than lower equal payments over the 30 years,” Wilde said. “The difference in the first year would be approximately $1 million and then decrease each year after. But there are variables as to how much they might decrease.”
22 Mar 2019

Wind industry tax protests disrupt school financing

Once the five years of exemptions are over, wind companies have been sending lawyers to county courthouses to file tax protests and lawsuits contending the value of their equipment is worth hundreds of millions of dollars less than the values assigned to them by county assessors. Wind industry representative claim they have good cause for their tax protests. 
10 Mar 2019

Superintendent Ptacek shares thoughts on potential misconception within Lincoln Land Wind ad

"The Jacksonville Journal Courier estimated that Jacksonville Public Schools would get about $75,000 in the very first year. ...When you put that into perspective and look at those dollars compared to annual budgets, we have an annual budget of right around $38 million a year. $75,000 a year I don’t think is enough to make an advertisement that’s saying that the local community is going to benefit at a number of $43.8 million,” Ptacek explains.
14 Feb 2019

Offshore wind project hits rough water in New England

The disagreement over Vineyard Wind’s waiver concerns a technicality in New England’s power markets. The company requested an exemption that would have allowed it to bypass a minimum offer price on subsidized energy resources that participate in the grid operator’s annual markets for reserve power. FERC agreed to a fix proposed by ISO New England that would allow Vineyard Wind to qualify for the exemption in the coming years.
7 Feb 2019

Offshore wind project hits rough water in New England

The disagreement over Vineyard Wind’s waiver concerns a technicality in New England’s power markets. The company requested an exemption that would have allowed it to bypass a minimum offer price on subsidized energy resources that participate in the grid operator’s annual markets for reserve power. FERC agreed to a fix proposed by ISO New England that would allow Vineyard Wind to qualify for the exemption in the coming years.
7 Feb 2019

Offshore wind project hits rough water in New England

The disagreement over Vineyard Wind’s waiver concerns a technicality in New England’s power markets. The company requested an exemption that would have allowed it to bypass a minimum offer price on subsidized energy resources that participate in the grid operator’s annual markets for reserve power. FERC agreed to a fix proposed by ISO New England that would allow Vineyard Wind to qualify for the exemption in the coming years.
7 Feb 2019

Offshore wind project hits rough water in New England

The disagreement over Vineyard Wind’s waiver concerns a technicality in New England’s power markets. The company requested an exemption that would have allowed it to bypass a minimum offer price on subsidized energy resources that participate in the grid operator’s annual markets for reserve power. FERC agreed to a fix proposed by ISO New England that would allow Vineyard Wind to qualify for the exemption in the coming years.
7 Feb 2019

Offshore wind project hits rough water in New England

The disagreement over Vineyard Wind’s waiver concerns a technicality in New England’s power markets. The company requested an exemption that would have allowed it to bypass a minimum offer price on subsidized energy resources that participate in the grid operator’s annual markets for reserve power. FERC agreed to a fix proposed by ISO New England that would allow Vineyard Wind to qualify for the exemption in the coming years.
7 Feb 2019

Offshore wind project hits rough water in New England

The disagreement over Vineyard Wind’s waiver concerns a technicality in New England’s power markets. The company requested an exemption that would have allowed it to bypass a minimum offer price on subsidized energy resources that participate in the grid operator’s annual markets for reserve power. FERC agreed to a fix proposed by ISO New England that would allow Vineyard Wind to qualify for the exemption in the coming years.
7 Feb 2019

County says 'no' to wind farm support

The Wharton County Commissioners Court unanimously decided not to move forward with a 312 tax abatement application from Wharton Wind, LLC during its Monday session. The 5-0 decision came in front of dozens of people who packed the meeting room inside the Wharton County Annex Building in Wharton.
16 Jan 2019

http://www.windaction.org/posts?location=USA&p=5&topic=Taxes+%26+Subsidies&type=Article
back to top