[ exact phrase in "" • results by date ]

[ Google-powered • results by relevance ]


News Home

Subscribe to RSS feed

Add NWW headlines to your site (click here)

Sign up for daily updates

Keep Wind Watch online and independent!

Donate $10

Donate $5

Selected Documents

All Documents

Research Links


Press Releases


Publications & Products

Photos & Graphics


Allied Groups

Wind energy tax breaks get OK from SD House  

Credit:  By Bob Mercer, American News Correspondent, www.aberdeennews.com 1 March 2012 ~~

The state House of Representatives gave final legislative approval today to significant tax reductions for wind energy projects and environmental upgrades at large electricity plants in South Dakota.

The vote on House Bill 1228 was 52-16. The legislation now goes to Gov. Dennis Daugaard for his decision whether to sign the measure into law. It would provide 50 percent rebates on the sales and use taxes and the contractor excise taxes paid.

Rep. Roger Solum, R-Watertown, led the argument in favor of the refunds. He chaired a special study panel last year for the Legislature on South Dakota’s competitiveness for wind projects.

Solum said businesses take taxes into consideration and having an attractive supply of wind isn’t a guarantee they will come to South Dakota.

He said the tax break for environmental upgrades is intended for the Big Stone power plant, which faces expenses of “just under a half a billion dollars” to meet air-quality regulations.

Rep. Steve Street, D-Revillo, said the power plant is 15 miles north of his farm and the upgrade is “a huge, huge project” for the area. He spoke in support of the tax reductions.

“I think it falls under the realm of economic development,” Street said, adding that the owners of the plant serve 30 percent of the electricity customers in South Dakota.

House Democratic leader Bernie Hunhoff of Yankton said he doesn’t want to oppose “three great American companies” who operate the plant, but he argued against the bill’s passage.

Hunhoff wondered why South Dakota taxpayers should bear the loss of tax revenue from the rebates, while NorthWestern Energy, Montana-Dakota Utilities and Otter Tail Power have many customers in multiple states.

“Ten, fifteen, twenty million dollars, that’s real money to the taxpayers of South Dakota,” Hunhoff said about the possible financial impact of the Big Stone break. “We didn’t put the environmental regulations in place, the federal government did.”

But Rep. Mark Willadsen, R-Siuox Falls, disagreed with Hunhoff. Willadsen said the owners of Big Stone plant will pass the tax costs along to its customers including those in South Dakota.

Source:  By Bob Mercer, American News Correspondent, www.aberdeennews.com 1 March 2012

This article is the work of the source indicated. Any opinions expressed in it are not necessarily those of National Wind Watch.

The copyright of this article resides with the author or publisher indicated. As part of its noncommercial effort to present the environmental, social, scientific, and economic issues of large-scale wind power development to a global audience seeking such information, National Wind Watch endeavors to observe “fair use” as provided for in section 107 of U.S. Copyright Law and similar “fair dealing” provisions of the copyright laws of other nations. Send requests to excerpt, general inquiries, and comments via e-mail.

Wind Watch relies entirely
on User Funding
Donate $5 PayPal Donate


News Watch Home

Get the Facts Follow Wind Watch on Twitter

Wind Watch on Facebook


© National Wind Watch, Inc.
Use of copyrighted material adheres to Fair Use.
"Wind Watch" is a registered trademark.