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LOCATION FOCUS: California Dreamin’ – A Rebound Fueled By New Energy

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Last year, a State Budget Crisis Task Force headed by former Fed Chairman Paul Volcker estimated California’s long-term debt at a staggering $370 billion. SMUD is setting aggressive goals for renewable energy production, including 125 megawatts of customer-sited, net-metered solar power by 2016. Last year, CA Gov.

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State by State Incentives Guide

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The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company. As part of the More Alaska Production Act passed in 2013, for the North Slope only, this credit will increase to 45% on January 1, 2014, and the credit will change to 35% beginning January 1, 2016.

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STATE INCENTIVES GUIDE

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The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company. EXTENSION OF THE ANGEL INVESTMENT TAX CREDIT PROGRAM: Originally set to expire in 2011, the program is now available until June 30, 2016. The program ends December 2016.

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COVER STORY: Shovel Ready Sites Are Growing From The Ground Up

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Additional construction will continue into 2016 and the plant is anticipated to begin commercial production in 2018. A clear path to acquiring or leasing the property must be identified and documented. We also have one of the best balance sheets in the country with a very low debt burden.

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