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