REPS (page 9)

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    ‘State Renewable Mandates Falling Like Dominoes’

    North Carolina is hardly unique in questioning the folly of its renewable energy portfolio standards mandates before the costs become prohibitively expensive. More states are rethinking their renewable mandates, as reported by the American Energy Alliance. They include: West Virginia became the first state in the country to repeal an enacted REPS.
    Jon Sanders, June 16, 2015
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    Note to media: the ‘moneyed interests’ in energy policy are renewables seeking tax credits

    Carolina Journal today writes that “big solar is big business for big business.” How big? While Duke Energy is passing higher costs to ratepayers because state law forces it to purchase renewable energy, the utility also claimed a whopping $62.8 million in tax write-offs in 2014 for its own investments…
    Jon Sanders, June 10, 2015
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    Renewable energy lobby’s shell game

    My report last week exposed misleading data being pushed on lawmakers by the renewable energy lobby. The lobbyists were pushing a new statistic, that the renewable energy portfolio standards (REPS) and associated renewable energy mandates are not the primary driver of higher electricity costs in this state … since 2001.
    Jon Sanders, June 8, 2015
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    Super-powerful industry that can transform the state somehow can’t get off life support

    The state’s most proudly dependent and unsustainable crony industry is desperate to stay on permanent life support. It is keeping the legislature awash in rent-seeking industry propaganda. Major corporate beneficiaries of solar cronyism in North Carolina have chimed in — and you will note the dog-not-barking sham…
    Jon Sanders, June 2, 2015
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    Govt. programs return ‘almost all’ their investment? No wonder solar is fighting so hard to keep THAT going

    Do this math: 30% federal investment tax credit 35% state investment tax credit 30% federal depreciation 5% state depreciation Or, as described by the N.C. Dept. of Environment and Natural Resources in its March 2015 Energy Report, Solar energy investors with sufficient tax liability may combine the 35 percent state…
    Jon Sanders, May 21, 2015
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    Kansas governor, legislature unveil plan to repeal their state REPS mandate

    It’s not just North Carolina. Ohio leaders froze their renewable energy portfolio standards (REPS) mandate. West Virginia leaders repealed their REPS mandates. The Texas legislature is debating repeal of their REPS mandate; the measure has already passed the Senate. And now, news from Kansas via the Wichita Eagle:…
    Jon Sanders, May 5, 2015
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    Solar thrives on subsidies for solar, and dogs are the top consumers of dog food

    Too often the discussion of economic incentives amounts to being pleasantly surprised that dogs like dog food. It shouldn’t be the end of the story that giving free money and tax credits for Industry X draws positive feedback from members of Industry X. What are its effects on consumers, taxpayers,…
    Jon Sanders, May 5, 2015
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    The Choice

    The debate over renewable energy giveaways in North Carolina really boils down to a choice. Do legislators serve the interests of citizens of North Carolina, or do they serve the interests of a powerful industry group? In my phrasing, it’s not much of a choice. I see it…
    Jon Sanders, April 28, 2015