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Hydrogen

March 28, 2014
Renewable, Recycled and Conserved Energy Objective

In February 2008, South Dakota enacted legislation (HB 1123) establishing an objective that 10% of all retail electricity sales in the state be obtained from renewable and recycled energy by 2015. In March 2009, this policy was modified by allowing “conserved energy” to meet the objective. The objective applies to all retail providers of electricity in the state. However, as a voluntary objective (as opposed to a mandatory standard), there are no penalties or sanctions for retail providers that fail to meet the goal.

March 28, 2014
Renewable and Recycled Energy Objective

In March 2007, the North Dakota enacted legislation (H.B. 1506) establishing an ''objective'' that 10% of all retail electricity sold in the state be obtained from renewable energy and recycled energy by 2015. The objective must be measured by qualifying megawatt-hours (MWh) delivered at retail, or by credits purchased and retired to offset non-qualifying retail sales. This objective is voluntary; there is no penalty or sanction for a retail provider of electricity that fails to meet the objective.

March 28, 2014
Renewable Portfolio Standard

As part of the Oregon Renewable Energy Act of 2007 ([http://www.leg.state.or.us/07reg/measpdf/sb0800.dir/sb0838.en.pdf Senate Bill 838]), the state of Oregon established a renewable portfolio standard (RPS) for electric utilities and retail electricity suppliers. Different RPS targets apply depending on a utility's size.

March 28, 2014
Renewable Portfolio Standard

Under Hawaii's Renewable Portfolio Standard (RPS), each electric utility company that sells electricity for consumption in Hawaii must establish the following percentages of "renewable electrical energy" sales:
* 10% of its net electricity sales by December 31, 2010;
* 15% of its net electricity sales by December 31, 2015;
* 25% of its net electricity sales by December 31, 2020; and
* 40% of its net electricity sales by December 31, 2030.

March 28, 2014
Renewable Energy and Energy Efficiency Portfolio Standard

North Carolina's Renewable Energy and Energy Efficiency Portfolio Standard (REPS), established by [http://www.ncleg.net/Sessions/2007/Bills/Senate/PDF/S3v6.pdf Senate Bill 3] in August 2007, requires all investor-owned utilities in the state to supply 12.5% of 2020 retail electricity sales (in North Carolina) from eligible energy resources by 2021. Municipal utilities and electric cooperatives must meet a target of 10% renewables by 2018 and are subject to slightly different rules.

March 28, 2014
Renewable Energy System Exemption

In March 2010, South Dakota established a new property tax incentive that replaced two existing property tax incentives for renewable energy. Facilities that generate electricity using wind, solar, hydro, hydrogen generated by another eligible resource, or biomass resources are eligible for this incentive, as are facilities that generate other forms of energy using solar or geothermal resources.

March 28, 2014
Renewable Energy Production Tax Credits (Corporate)

In June 2005, Iowa enacted legislation creating two separate production tax credit programs for energy generated by eligible wind and renewable energy facilities. An eligible facility can qualify for only one of the two credits, codified as Iowa Code § 476C and § 476B. In January 2006, the Iowa Utilities Board (IUB) adopted rules governing the facility eligibility process (Docket No. RMU-05-08), and issued a final rule amendment in July 2008 (IUB Docket No. RMU-08-04). The rules were incorporated into the administrative code (IAC 199-15.18 through 199-15.21).

March 28, 2014
Renewable Energy Production Tax Credit (Personal)

In June 2005, Iowa enacted legislation creating two separate production tax credit programs for energy generated by eligible wind and renewable energy facilities. An eligible facility can qualify for only one of the two credits, codified as Iowa Code § 476C and § 476B. In January 2006, the Iowa Utilities Board (IUB) adopted rules governing the facility eligibility process (Docket No. RMU-05-08), and issued a final rule amendment in July 2008 (IUB Docket No. RMU-08-04). The rules were incorporated into the administrative code (IAC 199-15.18 through 199-15.21).

March 28, 2014
Renewable Energy Facility Sales and Use Tax Reimbursement (South Dakota)

South Dakota allows for a reinvestment payment up to the total amount of sales and use taxes paid for certain new or expanded renewable energy systems, equipment upgrades to existing systems, and manufacturing facilities that produce renewable energy equipment. SB 235 referred specifically to wind energy facilities, but also allows for "power generation facilities" and facilities defined by the Governor's Office of Economic Development (GOED) as targeted industries. Based on that authority, the GOED chose to extend this incentive to other types of renewable energy.

March 28, 2014
Puerto Rico - Economic Development Incentives for Renewables

The 2008 Economic Incentives for the Development of Puerto Rico Act (EIA) provides a wide array of tax incentives and credits that enable local and foreign companies dedicated to certain business activities to operate within Puerto Rico while taking advantage of a foreign tax structure.