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Cover Story: New Energy Powers Growth

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Geothermal energy—tapping into the heat of the earth—is a particularly attractive green energy source because it works all the time, unlike wind and solar power, and is therefore suitable for base load power like fossil fuel power plants. Minnesota also is in the process of negotiating contracts with grantees for its NextGen Energy program.

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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. Small Producer Credit (AS 43.55.024(c)): Credit of up to $12 million per year for taxpayers incurring eligible oil and gas lease expenditures in North Slope operations.

Income 108
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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. The program offers the following incentives: Transaction Privilege Tax Exemption (TPT Exemption) on purchased qualifying equipment and leased or rented qualifying equipment.

Income 75