Kansas House advances renewable energy compromise

May 07:

TOPEKA, Kan. (AP) - A compromise between the wind energy industry and critics of the state’s green energy mandate has gained first-round approval in the House.
The deal advanced by the House on Thursday would remove a requirement that renewable resources account for 20 percent of utilities’ capacity to generate electricity by 2020. If passed by a final vote, the measure would go to the Senate for consideration.
The mandate would become a non-binding goal, but legislators would drop a proposal to impose a 4.33 percent tax on the electricity generated from renewable resources in return.
The agreement would also give all new green energy projects tax-free status for their first 10 years and require them to pay commercial property taxes thereafter. Renewable power plants are currently exempt from property all tax.
Source: http://www.washingtontimes.com/news/2015/may/7/kansas-house-advances-renewable-energy-compromise/?

Comments