SD hopes to entice wind with tax changes
Officials in South Dakota are hoping recent changes to the state’s tax structure will make the state more competitive for projects and increase wind production from its current portfolio of 784 megawatts of wind energy. Currently, South Dakota is surpassed in wind production by North Dakota, Minnesota and Iowa. The tax changes will eliminate part or all of the sales tax to developers on projects costing $20 million or more. The transmission system bringing wind power to neighboring states is also being updated which should also entice wind developers to locate in the state. Currently four major transmission projects are underway, but three will not be online until 2017 at the earliest. Read more in The Daily Republic.