The developer for a Belle Fourche-area wind farm said South Dakota’s pro-wind farm bill now on the governor’s desk should have a lower threshold for refunds from state tax on construction costs.
Mark Eilers said that as it stands now, House Bill 1228 will hurt smaller projects such as the one northwest of Belle Fourche.
The Rapid City native said his concern is for the $50 million capital costs threshold before the refunds would kick in.
“Our Belle Fourche project is targeted at 20 megawatts and will fall under the $50 million threshold,” Eilers said.
Sunday, March 4, 2012
South Dakota Wind Farm Developer Not Happy With Handout
Link here to Rapid City Journal.
Subscribe to:
Post Comments (Atom)
I think folks just don't want to admit they made a mistake! really we should learn from failures. And try to get back on course before we waste any more time! We can learn much from others failures too! lessons for everyone on planet earth!
ReplyDeleteThat is SOOO true, not wanting to admit mistakes.
Delete