Articles filed under Taxes & Subsidies

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

Wind farms for the Jersey shore — State outlines a critical rule

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.
26 Jul 2018

Debate in Concho County exposes issues with Chapter 312

There’s a growing body of research that highlights the negative effects of tax abatements granted for renewable energy under Texas Tax Code Chapter 312 and 313. Among the effects are the harm to the reliability of the electric grid, the hidden cost to Texans via taxes, and the unfortunate experiences of those who live next to large wind farms.
26 Jul 2018

A sharp slap of reality

The payments from Maple Ridge will decline, and the payments from proposed future projects — Number Three, Deer River and Copenhagen — will not come close to matching the revenue from the county’s first wind project. The county should quickly tell Avangrid that its first PILOT will be its last, and that Lewis County won’t continue to subsidize its healthy profits.
20 Jul 2018

Moore: Left’s free market for energy just hot air

For every dollar of subsidy that coal and nuclear power receive, wind power gets almost $5 and solar receives about $20. This does not even include the biggest subsidy of all: About half the states have renewable energy standards requiring utilities to buy 20 percent to 30 percent of their power from wind and solar, regardless of the price.
20 Jun 2018

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