Lower corporate tax rates no boon for renewables, analysts find

Analysts are examining the impact the new tax laws will put on all kinds of businesses. While the subsidies were somewhat spared for the foreseeable future, the lower tax rate will make it harder for investors like Warren Buffett to reduce their tax burden by investing in wind and solar. 

This does NOT, however, hurt the electric companies that supply our homes and businesses with power. Every American should be rewarded with lower prices as their supplier reaps the benefits. Baltimore Gas & Electric has already announced a reduction and hopefully there will be more to follow.

https://www.utilitydive.com/news/lower-corporate-tax-rates-no-boon-...

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Comment by Paula D Kelso on January 18, 2018 at 4:49pm

Global warming and climate change theorists may not have the science all down pat but the renewables investment strategists have it all buttoned up. Shame on all those concerned citizens who haven't wised up to their scamming. 

Comment by Robert Powers on January 16, 2018 at 7:47pm

Most people do NOT realize it but most of the renewable companies like wind are structured to funnel most revenues to individual investors and investment groups as well as corporate staff bonus and benefits...

This revenue management structure show the "corporation" operating at no profit or a loss, thereby having no direct benefit of the new tax laws...the renewable companies are good at manipulation of the economics...Enron was a good example but was "caught"...

Have you ever noticed the renewable companies keep changing ownership, structure and their names?

Comment by Sherwin Start on January 16, 2018 at 7:45pm

WHEN I ACTUALLY SEE A  PERMANENT RATE REDUCTION In My BILL- THen I will believe it ! And I am talking a SUBSTANTIAL RATE REDUCTION !

Sherwin Start

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Maine as Third World Country:

CMP Transmission Rate Skyrockets 19.6% Due to Wind Power

 

Click here to read how the Maine ratepayer has been sold down the river by the Angus King cabal.

Maine Center For Public Interest Reporting – Three Part Series: A CRITICAL LOOK AT MAINE’S WIND ACT (excerpts) From Part 1 – On Maine’s Wind Law “Once the committee passed the wind energy bill on to the full House and Senate, lawmakers there didn’t even debate it. They passed it unanimously and with no discussion. House Majority Leader Hannah Pingree, a Democrat from North Haven, says legislators probably didn’t know how many turbines would be constructed in Maine if the law’s goals were met." . – Maine Center for Public Interest Reporting, August 2010  http://www.pinetreewatchdog.org/wind-power-bandwagon-hits-bumps-in-the-road-3/From Part 2 – On Wind and Oil Yet using wind energy doesn’t lower dependence on imported foreign oil. That’s because the majority of imported oil in Maine is used for heating and transportation. And switching our dependence from foreign oil to Maine-produced electricity isn’t likely to happen very soon, says Bartlett. “Right now, people can’t switch to electric cars and heating – if they did, we’d be in trouble.” So was one of the fundamental premises of the task force false, or at least misleading?"  http://www.pinetreewatchdog.org/wind-swept-task-force-set-the-rules/From Part 3 – On Wind-Required New Transmission Lines Finally, the building of enormous, high-voltage transmission lines that the regional electricity system operator says are required to move substantial amounts of wind power to markets south of Maine was never even discussed by the task force – an omission that Mills said will come to haunt the state.“If you try to put 2,500 or 3,000 megawatts in northern or eastern Maine – oh, my god, try to build the transmission!” said Mills. “It’s not just the towers, it’s the lines – that’s when I begin to think that the goal is a little farfetched.” http://www.pinetreewatchdog.org/flaws-in-bill-like-skating-with-dull-skates/

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