State lawmakers discuss changes in wind tax

2011-08-31T16:58:00Z State lawmakers discuss changes in wind taxThe Associated Press The Associated Press
August 31, 2011 4:58 pm  • 

CHEYENNE, Wyo. - State and industry leaders are discussing ways to restructure how wind energy is taxed in Wyoming so that the state's wind tax policies are more attractive to wind producers.

Under current law, wind developers will be taxed $1 per megawatt hour beginning Jan. 1, 2012. The existing sales tax exemption on wind energy equipment also is set to expire at that time.

Wind producers fear the changes will dissuade developers from installing new projects in Wyoming.

The state Legislature's Joint Revenue Interim Committee instructed legislative staff to prepare a draft bill on the subject for its next meeting in October.

The Wyoming Tribune Eagle reports that although there are many key details to be worked out, lawmakers said it is possible a compromise could be reached.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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