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IOWA-TOPICS Archives

April 2005, Week 2

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Subject:
Re: Renewable energy tax credit bill
From:
Charles Winterwood <[log in to unmask]>
Reply To:
Iowa Discussion, Alerts and Announcements
Date:
Sun, 10 Apr 2005 11:31:21 -0700
Content-Type:
text/plain
Parts/Attachments:
text/plain (40 lines)
MidAmerican is getting state tax credits for their
wind farms thanks to legislation last year

Charlie Winterwood
 
--- Wally Taylor <[log in to unmask]> wrote:
> I have reviewed the energy tax credit bill as it
> passed the Iowa Senate. It 
> appears to be just about tax credits. The language
> regarding net metering has 
> been deleted. I question whether RECs should receive
> the credit since they are 
> in the business of selling energy. Do Alliant and
> MidAmerican get tax credits 
> for renewable energy?
> 
> We have to destroy the myth that RECs are
> "cooperatives" owned by their 
> members and exist solely for the benefit of their
> members. The actual fact is that 
> they are run like any business corporation.
> 
> Wally Taylor
> 
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