Oregon reviews wind farm tax credits

| Print |  Email
Must Reads
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}

 

Comments   

 
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?
Quote | Report to administrator
 

More Articles

Carbon Power

February 2015
Tuesday, January 27, 2015
BY LINDA BAKER

Researchers in a multitude of disciplines are searching for ways to soak up excess carbon dioxide, the compound that contributes to global warming.


Read more...

5 schools helping students crack code

The Latest
Thursday, January 29, 2015
codeduthumbnailBY JACOB PALMER | OB DIGITAL NEWS EDITOR

As the costs of college mount, and as employer demand for software developers soars, coding schools and classes are popping up everywhere.


Read more...

Leading with the right brain

News
Tuesday, December 09, 2014
120914-manderson-thumbBY LINDA BAKER

On the eve of the Portland Ad Federation's Rosey Awards, Matt Anderson, CEO of Struck, talks about the transition from creative director to CEO, the Portland talent pool and whether data is the new black in the creative services sector.


Read more...

That's Not a Watch (This Is a Watch)

February 2015
Tuesday, January 27, 2015

Smartwatches are all the rage. But old-fashioned timepieces keep on ticking.


Read more...

The city as startup

Guest Blog
Wednesday, January 14, 2015
011415 citystartup-thumbBY NISHANT BHAJARIA | OP-ED CONTRIBUTOR

Startups in the growth phase are associated with a fresh infusion of capital — human and financial — a curiosity factor and products to disrupt the market and drive demand. Portland’s economy gives off the same aroma.


Read more...

4 married couples who work together

The Latest
Thursday, January 22, 2015
IMG 0020BY JACOB PALMER | OB DIGITAL NEWS EDITOR

They say maintaining a healthy marriage takes work. So does running a business with your spouse.


Read more...

Behind the curtain: What students should know about accreditation and rankings

Contributed Blogs
Thursday, December 04, 2014
120414-edurating-thumbBY DEBRA RINGOLD | OP-ED CONTRIBUTOR

How important are institutional and/or program evaluations provided by third parties in selecting a college or university program?


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS