Gov. Mead pushes to reduce tax on wind energy projects despite lawmakers' opposition | The Republic:
"Wyoming next month will begin imposing a $1 per megawatt hour tax on wind energy production. The state sales and use tax exemption on equipment used on wind energy projects also expires in January.Meanwhile, in Ontario, the Electricity Act is being redone, under the lie that it is related to accountability after the Auditor General's calling out the contemptuous Minister of Finance on obfuscating on the amount of the Residual Stranded Debt (the legislation thinks the Lieutenant Governor would have a far better idea of financial matters than the Minister of Finance - which is, admittedly, almost certainly correct at the current time).
The sales and use tax rate varies by county but generally exceeds 5 percent. That tax promises to add up, considering that a typical 1.5-megawatt wind turbine costs up to $3 million and a typical wind farm has about 66 turbines.
The Legislature's Joint Revenue Interim Committee in October shot down Mead's proposal to continue the tax exemption for wind energy projects while imposing a 2 percent impact fee on wind projects to support county governments."
Section 92 of the new act deals with what happens to the 'payments in lieu' of taxes (PIL) after the Stranded Debt is retired (unlikely to ever occur as the government, cheered on by the NDP, is strangling the price paid the pubic generator in order to subsidize private operator friends gifted with contracts). Most will revert to being taxes paid to municipalities, with a notable exception: wind.
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