27 Jun '17, 8pm

Minnesota County Banks Millions In Wind Production Tax Credits

Minnesota County Banks Millions In Wind Production Tax Credits

On Friday, representatives from the wind industry and Xcel Energy presented a ceremonial check to Tim Gabrielson, chairman of the Mower County, Minn., board of commissioners, for $2,373,932 in wind energy production tax revenue for 2016. According to Wind on the Wires, the check represents the largest wind energy production tax payment made to any one county in Minnesota. Moreover, it’s a 26.5% increase over last year’s payment. Statewide, revenue from the wind energy production tax exceeds $12 million, and more than one-quarter of the counties in the state benefit from this source of revenue, says Wind on the Wires, a St. Paul, Minn.-based nonprofit organization that works to advance renewable energy in the Midwest. “More wind energy is produced in our county than anywhere else in the state, and that has been a good thing for Mower County,” said Gabrielson. “Not only does...

Full article: http://nawindpower.com/minnesota-county-banks-millions-wi...

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