Kansas governor signs deal on renewable energy mandates

TOPEKA, Kan. (AP) - Kansas Gov. Sam Brownback has signed a compromise between the wind energy industry and critics of the state's green energy mandate.

The deal signed Thursday would remove a requirement that renewable resources account for 20 percent of utilities' capacity to generate electricity by 2020.

Green energy companies agreed to let the mandate become a nonbinding goal. Legislators in return dropped a proposal to impose a 4.33 percent tax on the electricity generated from renewable resources.

The agreement also would 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 given a lifetime exemption from property taxes.

Subscribe to Power Engineering magazine



Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...