Estimating the Impact of State Taxation Policies on the Cost of Wind Development in the West

Microreactor Applications in U.S. Markets: Evaluation of State-Level Legal, Regulatory, Economic and Technology Implications

“…As Wyoming contemplates the transition away from fossil fuels, the state continues to look for ways to fund state programs and budgets. These discussions have required tax advocates to balance the desire to increase the production tax on wind projects without undermining the potential for project development as an economic diversification strategy, especially when compared to wind potential and economics of projects in surrounding states (Cook & Godby, 2019). Under current tax policy conditions and economics, Wyoming is fourth in western states for its low tax rate-but the cost differences between Montana (#2) and Colorado (#3) estimates are less than 3% when a 20 to 30-year project life is assumed (Ibid).…”