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Governors' Wind Energy Coalition

October 20, 2014

Tax Credits for Energy Industry Are Under Scrutiny

By JIM MALEWITZ, New York Times  •    •  Posted 2014-10-20 05:09:33

Susan Combs, the state comptroller, stirred controversy last month when she said Texas’ growing wind energy industry should “stand on its own two feet.” “Billions of dollars of tax credits and property tax limitations on new generation helped grow the industry, but today they give it an unfair market advantage over other power sources,” said Ms. Combs, a Republican, upon the release of a study meant to illustrate how energy policy affects Texans’ wallets. [ read more … ]

FERC lowers transmission rates in New England

Hannah Northey, E&E reporter  •    •  Posted 2014-10-20 05:09:51

The Federal Energy Regulatory Commission yesterday said New England companies should make less money on power line projects and scheduled a hearing to review complaints that rates are also too high in the Midwest. FERC commissioners agreed that the rate of return on equity — the amount transmission owners can earn from new power lines by charging ratepayers — of 11.14 percent in New England is unjust and unreasonable. The commission unanimously upheld an order that lowered the rate to 10.57 percent. [ read more … ]

LES aims to sign solar, wind energy project deals by December

 By ALGIS J. LAUKAIITS / Lincoln Journal Star  •    •  Posted 2014-10-20 05:10:12

Board member W. Don Nelson said wind energy legislation passed by the Nebraska Legislature in recent years is forcing him to vote for the most cost-effective proposals and in the best interest of the ratepayers. He said the Legislature hasn’t defined what a “local” project means. “A project in Nebraska with a developer from Spain and financing from China is not a local project,” Nelson said. Nevertheless, Winston said, many state senators want wind energy investments to stay in Nebraska. He said there could be a “political firestorm” if LES invests in an out-of-state wind project. [ read more … ]

Note: News clips provided do not necessarily reflect the views of coalition or its member governors.