Claremore Daily Progress

Business

March 26, 2014

Study: $6 billion spent on Oklahoma wind energy

(Continued)

OKLAHOMA CITY —

Wind energy developers also benefit from state tax incentives related to wind power. Figures from the Oklahoma Tax Commission indicate that wind power developers received more than $44 million in tax incentives last year, including $32 million from a five-year manufacturing property tax exemption.
Oklahoma wind energy projects range in capacity from 40 to 300 megawatts, with the average facility incorporating 68 turbines to produce 130 megawatts of energy.
Wind energy officials also expressed opposition to Senate-passed legislation that would impose a moratorium on the construction of wind energy facilities east of Interstate 35 through Jan. 1, 2017.  The bill by Senate President Pro Tem Brian Bingman, R-Sapulpa, is currently in the House Energy and Aerospace Committee.
“We’re opposed to any kind of moratorium on wind development,” said Roggow, a former state representative from Enid. Supporters of the bill say the wind energy industry is relatively unregulated and that more study is needed. Opponents say the moratorium will put a chilling effect on a rapidly growing industry.
Roggow said information developed by the study will help policymakers and elected officials understand the importance wind energy has in the state and forecast its potential impact.
“As this industry grows, it is important to understand the economic impact wind energy has on Oklahoma now and the potential it has to meet our future energy and economic needs,” he said.

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