Library filed under Taxes & Subsidies

Effort ongoing to keep wind farm taxes local

The meeting’s attendees had the goal in mind of keeping tax revenues from the proposed High Prairie wind farm project in Adair and Schuyler counties, rather than disbursing the tax benefit across the state of Missouri. Because the project will be purchased by Ameren Missouri, a public utility company, after its construction, its taxes would currently be assessed at the state level.
11 Sep 2018

Maple Ridge owners seeking assessment reductions on wind farm

The owners of Maple Ridge Wind Farm are seeking to have the assessments on the project’s Lewis County properties reduced by hundreds of millions of dollars. ...Ms. McNichol said the county, as lead agency, the municipalities and school districts will now consider Flat Rock’s proposed assessments and likely counter them in what may become “a battle of experts” in court. “It comes down to our appraisal versus their appraisal, our experts versus their experts,” Mr. Piche said. “At the end of the day, the judge is probably going to go right down the middle.”
11 Sep 2018

JCIDA: Galloo Island Wind project PILOT negotiations too preliminary to discuss dollar figures

The IDA will submit a letter responding to a interrogatory letter from the developer, Apex Clean Energy, sent to the state Department of Public Service staff regarding a potential PILOT for its 108.9 megawatt wind farm. “It’s really pretty straightforward,” said agency Chairman David J. Converse. “It’s basically telling them no decisions have been made yet.”
10 Sep 2018

Beginning of the end for subsidised renewables

Without subsidies and the ongoing presence of backup power based on fossil-fuel generation, the outlook for more renewable energy in Australia is extremely uncertain. Indeed, without the intervention of governments, the salad days for renewable energy will quickly fade, something the sector understands. That’s why the energy policy debate is so important to them — and to all of us.
31 Aug 2018

Lawmaker proposes to change how N.D. wind energy tax revenue is distributed

Currently, all of North Dakota’s wind energy tax revenue stays with counties ...“You heard last session from a number of legislators that thought that wind was getting a free ride,” Brandenburg said. A bill he plans to introduce when the legislative session starts in January would keep two-thirds of wind energy tax revenue in the counties that produce the energy and send one-third to the state general fund.
15 Aug 2018

County IDA asked to repeal PILOT for Ball Hill wind project

Mark Twichell, DDS, of Fredonia has reached out to Mark Geise, CEO of the Chautauqua County Industrial Development Agency, to ask him to repeal the approved PILOT (payment in lieu of taxes) agreement for the Ball Hill wind project. ...Twichell expressed his concern that wind company RES’ proposal to use larger machines constitutes a different project than that which was originally negotiated. 
8 Aug 2018

Wind farm agrees to pay

A payment in lieu of taxes agreement signed Tuesday by county commissioners will yield an annual donation of $900 per megawatt to the county but will be adjusted for money the wind farm pays in expenses. “The county will receive at least $100,000 per year."
2 Aug 2018

Offshore wind prices look competitive

The Vineyard Wind project is split into two, 400-megawatt phases, with the first phase scheduled for completion by January 15, 2022, and the second phase by January 15, 2023. The price for energy and the environmental attributes (called renewable energy credits) starts at 7.4 cents a kilowatt hour in phase one and 6.5 cents a kilowatt hour in phase two. The prices escalate at 2.5 percent a year over the 20-year life of the contract, with an average blended cost of 8.9 cents a kilowatt hour.
2 Aug 2018

Future uncertain for Alle-Catt Wind Farm tax breaks

“I think the board would have to take a sincere look at the whole project to see if it were truly wanted at the local level,” Wiktor said. “It’s an issue the IDA will have to face. It’s going to come down to what do they hear in terms of local support and opposition.” With Article 10, a project could be approved with limited or no local support.
27 Jul 2018

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