Library filed under Taxes & Subsidies

Case: Support wind energy, but also support raising wind tax

The long-term need for greener electricity and our timeless winds are why our great-grandchildren may never experience many of our beautiful Wyoming vistas as the indigenous peoples and pioneers did and the way we do now. More likely, they will see an industrialized landscape — one scarred by thousands of bird-smashing turbines, high-tension lines and innumerable utility roads. Where we see the joyous freedom of open space, they will have to peer through a fragmented, tattooed landscape.
28 Jun 2017

Repowered turbines spark tax-credit clash in Iowa

Midamerican-repower-document_ew_03_thumb Besides taking exception to the procedural tack chosen by MidAmerican, the tech companies said the commission should decide the prudence of the proposed investment instead of doing it when the utility fields its next rate case, which will be at least a decade. ..."The board must thoroughly consider the proposal in a deliberative process to ensure that it arrives at the right decision."
14 Jun 2017

South Texas officials praise military base protection bill passage

Tx_sb_277_-_as_adopted_thumb Nueces County Judge Loyd Neal and Wes Hoskins, chairman of the South Texas Military Facility Task Force, recalled being told if Senate Bill 277, or something substantially similar didn't pass, the bases would likely be candidates for closure in the next few years. Hoskins said federal officials told them, "encroachment is the No. 1 issue in the nation (facing military installations), and Texas is in trouble."
9 Jun 2017

The coming threat from US wind states

Events in Oklahoma have raised concerns over states’ readiness to continue subsidy support in an era of budget cutbacks and fiscal constraints, while potential trouble is also brewing in California, Iowa and Texas, suggesting that the industry’s ability to lobby effectively on crucial issues will soon be put to the test.
10 May 2017

Wind companies should pay sales tax

A simple way to make up some of that shortfall is for wind developers to pay sales tax on their purchases, just like nearly everyone else in Oklahoma. Each new wind turbine, which is manufactured somewhere else and shipped into Oklahoma, could net the state about $90,000 in sales tax revenue.
7 May 2017

Wind industry titan soaks up billions in tax subsidies

“NextEra may produce wind energy, but its real business is subsidy mining,” said Robert Bryce, a senior fellow at the Manhattan Institute and an expert on the energy sector. “Renewables need subsidies because they aren’t economic in the free market. By subsidizing renewables, the wholesale power markets across the country are getting more and more distorted."
23 Apr 2017

PTC glide-path 'not a done deal' warns congressman

But Reed, a New York Republican who supports the tax credits, says their [tax credits] preservation should not be taken for granted as Congress attempts to reform the byzantine US tax code for the first time in a generation. Tax reform is expected to be the next major legislative battle following healthcare reform. “There are no guarantees in Washington,” 
17 Mar 2017

Swanton Wind will go ahead despite PSB setback

Swanton Wind sought to have GMP buy power from the planned wind farm under prices established through PURPA; however, the pricing regime Swanton Wind applied under expired in September, 2016. Green Mountain Power fought that effort, saying that Swanton Wind filed its application too late. The Public Service Board agreed,
4 Mar 2017
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