Associated Press / Posted on Omaha.Com
Excerpt: Renewable Energy Tax
Facilities that produce solar, biomass and landfill gas energy will face one less obstacle that could hinder the industry’s growth in Nebraska. A new state law will require facilities to pay a nameplate capacity tax, similar to one already imposed on wind energy, instead of a personal property tax. The nameplate capacity tax is on an energy facility’s potential output. County governments and project developers both generally prefer it over the personal property tax because it provides a consistent revenue stream for counties and lowers upfront costs for a facility’s owners. Read more here.