Articles filed under Taxes & Subsidies
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.”
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.”
A payment in lieu of tax agreement won’t be reconsidered despite changes to wind turbine heights within the Ball Hill Wind Energy Project in the town of Villenova.
Jefferson County, responding to a document filed with Public Service Commission staff by Apex Clean Energy, has clearly set forth its expectations on any payment-in-lieu-of-taxes agreement reached on the proposed Galloo Island wind project.
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.
Renewable energy trade bodies have hit out at UK Government policy, as new data suggests that onshore windfarm numbers are set to plummet over the next four years. New numbers provided by GlobalData on the wind turbine foundations market point directly to a drop off by more than half of new wind farms being built from 2018 to 2022.
Cattaraugus County lawmakers will vote Wednesday on a resolution urging the Industrial Development Agency not to grant a payment in lieu of taxes (P.I.L.O.T.) agreement for projects like the Alle-Catt Wind Farm. ...The resolution is advisory in nature, urging the IDA not to grant a P.I.L.O.T. for wind energy projects larger than 5 megawatts.
GERMANY: This year's fourth and final onshore wind tender will take place on 1 October, the federal network agency has announced.
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.
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.
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."
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.
A record £3.1million was paid to wind farms in the space of one day for switching off turbines when it became too windy. The compensatory sum was handed to operators on Saturday because electricity supply outstripped demand.
The appraisal district’s board met to discuss its options regarding a recent decision by the appraisal review board to lower the appraised value of a wind farm in central Val Verde County. The decision by the review board represented a loss of nearly $400,000 in expected revenue for Val Verde County.
According to the REF, £9.4m was paid out in constraint payments in June when the interconnector was not working. A recent posting on the Western Link website said: “cable fault was detected which caused the Link to trip”. Later the website was updated to say that it was expected it would be back in operation at full capacity in September.
A decision to lower the appraised value of a Val Verde County wind farm will be appealed through a lawsuit to be filed in state district court here, members of the Val Verde County Appraisal District Board of Directors decided Friday.
“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.
Texas dealt a potential death blow to what would be the largest-ever U.S. wind farm: American Electric Power Co.’s $4.5 billion Wind Catcher project. ...“The costs are known,” DeAnn Walker, chairman of the Texas commission, said Thursday at a hearing. “But the benefits are based on a lot of assumptions that are questionable.”
AEP's plan to build the largest wind farm in the United States might have been dealt a fatal blow. The Public Utility Commission of Texas voted Thursday to reject the proposed 2,000-megawatt Wind Catcher wind farm, stating that as it is structured now, the project doesn't offer clear enough benefits for rate payers.
Offshore-wind developers are pressing the BPU to begin accepting applications before the end of the year, fearing that if the state does not move swiftly, they will not be able to qualify for lucrative federal tax credits. The credits expire at the end of 2019 and developers need to start spending big dollars on their projects before then or they will not qualify for the incentives.