1603 Grants for Renewable Energy
"Of the Nearly 10,000 entries this is
Maine's representation"
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Comment by Pineo Girl on December 10, 2016 at 5:08pm
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Brad you are absolutely correct about TIF's and the TIF law - Nothing being done now is what was supposed to be done with TIFs. Its gotten so out of control that the state has no idea how many TIFs are out there and how much tax revenue is being tied up! It does need to be overhauled and I have heard that there are some legislators working on this.
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Comment by Brad Blake on December 10, 2016 at 4:56pm
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TIF for the Wind Thieves is the biggest bastardization of the TIF law. If you read it, TIF is supposed to be used for economic development that either creates a more favorable economic conditions such as clearing blight or creating infrastructure, or directly for either keeping existing jobs that might be lost without it or to expand an existing employer or draw new economic development that creates jobs. Using this economic development tool for wind projects and Walmarts is NOT the intention of the law. Sadly, it has now been so over-abused that most every developer expects it. It is a law that really needs a Legislative overhaul.
The local communities and counties do TIF because they are greedy. They are anxious to get SOME revenue from these developments, albeit not what they should, and in the case of towns, they want to play the game of sheltering the new TIF based tax evaluation from being counted so they don't have state revenue sharing and education subsidies cut. When industry greed for local welfare meets up with local greed about tax revenues, bad outcomes happen.
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Comment by Eric A. Tuttle on December 10, 2016 at 2:08pm
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The way I was told that the TIF structure works, is that the Community (these are UT's often) gets first dibs on a TIF agreement, then the County level. If no agreement is made then the State will negotiate the agreement and keep the monies. This was during a Somerset County meeting on the Bingham Project where they stated they did not have a methodology of creating or considering a TIF for any business. They were determined to get that money so that the state could not claim it, though they differed in how any booty would be distributed. Not much has been said about any payouts from the project, other than None. (which was stated as a term that "once they started producing") I am not sure if each of those are commissioned yet, and if so and are now producing I would assume that any payouts would be after a full year of production. [updated info appreciated on Bingham]
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Comment by Penny Gray on December 10, 2016 at 1:11pm
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What puzzles me is why these Maine counties are offering TIFs to an industry that brings no jobs, no lasting tax benefits, reduced property valuations and quality of life for the residents and a huge mess to clean up in twenty years or so.
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Comment by Long Islander on December 10, 2016 at 12:26pm
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Pineo Girl - they are programmed to take as much as they can get away with, aided by resources with which to bribe, blackmail and otherwise threaten.
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And didn't Franklin County just give TransCanada another TIF? It is just so amazing how these wind companies think nothing about asking for hand-outs!
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The TransCanada awards are for two separate phases of the Kibby development, note the dates of awards. Actually, the program ended in 2012, with the last grant awarded to Bull Hill in 2013. But it was a total giveaway of taxpayer money.
It was first reported on the CTFWP site here: http://www.windtaskforce.org/profiles/blogs/wind-thieves-rake-in-ar.... There is a lot of information in that posting from my initial explanation as well as the comments offered at that time. The wind thieves were able to pay down a lot of debt with that money, yet First Wind/Sun Edison ended up bankrupt.
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More on Angus King's Record Hill:
Psart I - http://www.windtaskforce.org/profiles/blogs/the-untold-story-of-record
Part II - http://www.windtaskforce.org/profiles/blogs/the-untold-story-of-rec...
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Why did TransCanada get almost $44 million for "Small Wind"?
Note that Record Hill is of course none other than U.S. Senator Angus King and his shell company backer named "Bayroot", which we later learned was in fact the Yale University Endowment. Their shell company name Bayroot is also the name of a college drinking game. It's all just a big game to these insider con-artists.
SOURCE: https://www.treasury.gov/initiatives/recovery/Pages/1603.aspx
(Click on "List of Awards")
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who does one find more information as to the actual owners of record of these various virtuous entities getting tax breaks? Who can afford to spend 30K or more to put solar panels on their roof in order to have their electric bill subisdized by others?
I see a number of high end hotels in this listing,so the does the 1603 program makesgrants available to these businesses and then they get a tax break as well?
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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