Oregon reviews wind farm tax credits

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Monday, February 25, 2013

The Oregon Department of Energy is reevaluating its approval of $30 million in tax credits for the Shepherd's Flat wind farm.

Shepherd’s Flat is a collection of 338 turbines in Gilliam and Morrow counties. The Oregonian questioned whether it should have received multiple Business Energy Tax Credits under state rules governing what constitutes a “separate and distinct” renewable energy facility.

Some wind farm developers have subdivided their projects to garner multiple tax credits. It’s something lawmakers have wrestled with for years, as the tax credits have drained state coffers of millions of dollars that might otherwise pay for schools and other public services.

Read more at The Statesman Journal.

{biztweet}wind farm tax{/biztweet}

 

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Guest
0 #1 ownerGuest 2013-02-26 00:54:45
Shucks they should have divided by five and picked up another 20 million. What werew they thinking? Investigate as well they should. Who approved this loan?
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