Wind Industry Tax Rates Under Fire
By Christina Lengyel, The Center Square
A bill aimed at removing a 2007 tax break from wind energy producers has West Virginia legislators at odds over the supremacy of coal in West Virginia’s economy.
Senate Bill 439 would clarify that “wind power projects are not pollution control facilities,” which are taxed at salvage value. The clarification would subject them to real property taxes.
Supporters of the bill say the change would add millions in tax revenue to the state and take away an unfair advantage over the coal industry. Those who oppose it say the wind industry, which employs West Virginians and is an essential component of a clean-energy future, would suffer a huge blow.
Sen. Glenn Jeffries, R-Putnam, argued for an “all energy” policy, encouraging the incentivization of all energy production, including coal, rather than disincentivizing wind power production.
The bill’s sponsor and chair of the Senate Energy, Industry, and Mining committee Sen. Chris Rose, R-Monongalia, said the wind industry profits “at the expense of our hardworking coal and natural gas industries,” which he called “a slap in the face to the men and women who have powered this state for generations, digging coal and drilling gas to keep America running.”
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