Wind, solar credit phaseout said to be under consideration for broader tax deal

A phaseout of both the wind production tax credit and the solar investment tax credit are said to be under consideration by congressional leaders in both the House and Senate as part of a broader deal to extend dozens of expired tax credits, a Democrat leadership aide and lobbyists briefed on the issue told Bloomberg BNA Nov. 24.  .....


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Comment by Eric A. Tuttle on November 28, 2015 at 5:38pm

As they are promoting Solar for Residential in Maine, this is probably the one thing that will expire with certainty. The federal portion, while Maine is now, if not already, beginning an incentive program. 

..... expires for residential solar projects at the end of 2016

Comment by Jim Wiegand on November 28, 2015 at 11:50am

Do not believe a word from these lying bastards. "Phaseout" for them is a thousand years away and "consideration" means it is a done deal. This all for appearances sake and nothing positive will be done.                                                                                                                                                                 This disgusting industry has been soaking taxpayers for over 35 years. It is why every career politician that doesn't speak out about it, should have their slimy careers cut short.

Comment by Long Islander on November 28, 2015 at 11:35am

DISGUSTING: "Lobbyists differed on the length of time the wind production tax credit would be phased out over, with some saying the credit would expire after a four-year period ending in 2018 and others saying they were told it would go until 2019".

How about as soon as possible? Enough already.

 

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

******** IF LINKS BELOW DON'T WORK, GOOGLE THEM*********

(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 https://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?" https://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.” https://www.pinetreewatchdog.org/flaws-in-bill-like-skating-with-dull-skates/

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Hannah Pingree on the Maine expedited wind law

Hannah Pingree - Director of Maine's Office of Innovation and the Future

"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."

https://pinetreewatch.org/wind-power-bandwagon-hits-bumps-in-the-road-3/

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