Kokomo Tribune; Kokomo, Indiana

Local News

January 3, 2013

Wind energy tax credit extended

Companies moving forward with local projects

There is likely to be more wind turbines dotting the landscape around north central Indiana in the coming year following the extension of a wind energy tax credit by the Congress.

Included in the “fiscal cliff” legislation approved earlier this week is a provision to extend the wind energy tax credit for another year. The tax credit was scheduled to expire Monday.

One important change in the legislation is that to be eligible for the tax credit a project has to be started in 2013. Prior legislation required projects to be completed before the tax credit expired.

The production tax credit provides a 2.2-cent tax break for every kilowatt-hour of electricity produced from large-scale wind farms.

E-on Climate & Renewables scrambled over the final months of 2012 to have construction of the 125 wind turbines in Madison and Tipton counties completed by the end of the year.

E-on has plans for four phases of construction as a part of the Wildcat Wind Farm that will cover portions of four counties.

There are 69 turbines located in Tipton County and 56 in Madison County as part of Phase 1 of the planned development. Phase 1 had an estimated total investment of $400 million. Phase 1 will produce 200 megawatts of electricity, enough to provide electrical power to 60,000 homes.

Phase 2 is to be developed in Howard and Grant counties with 40-to-60 wind turbines to be constructed. Around 80 percent of the project located in Grant County. It is expected to generate 100 megawatts of electricity.

Phase 3 will have 65 percent of the wind turbines in Howard County, southeast of Greentown, with the remainder in Grant County. Phase 4 will be located entirely in Tipton County. The two phases will generate an anticipated 800 megawatts of electricity.

Matt Tullis, a spokesman for E-on, said Thursday the legislation approved by Congress was a big change in terms of the tax credit.

“The projects have to be started, not completed by the end of 2013,” he said. “It helps us in terms of getting started this year.”

Tullis said the company was pleased to see the extension approved by the Congress.

He said there is still more development to be completed on Phase 2 of the project before construction work can begin.

Matt Heck with juwi Wind, which plans to construct the Prairie Breeze Wind Farm in Prairie and Liberty townships in Tipton County, said the extension of the tax credits is great news for the project.

“We’re moving full speed ahead,” he said. “We will start the project by the end of 2013.”

Heck said there are a lot uncertainties in the legislation as to what exactly is meant by the start of a project in the federal legislation.

The company expects to submit an application with the Tipton County Plan Commission by Jan. 18 for a conditional use permit for the placement of the wind farm. The Tipton County Board of Zoning Appeals will have to approve the permit application.

“We hope to get the permit approval in February or March,” he said.

juwi Wind intends to construct between 30 and 95 wind turbines as part of the Prairie Breeze project. Heck said the number of turbines to be constructed has not been determined.

The company will invest between $100 million and $300 million on the project.

1
Text Only | Photo Reprints
Local News
  • EHS Renovations 04 Eastern's $14 million renovation project nearing completion GREENTOWN – As Eastern Howard School Corp. nears the end of a two-year construction project, the majority of the $14 million renovation is not readily apparent.Much of the work has centered on replacing the heating, ventilation and air conditioning s

    August 20, 2014 4 Photos

  • SECOND UPDATE: Teen to face adult charges in Monday shooting A 17-year-old arrested for attempted murder Monday evening will face the charge as an adult.Treshon Banks is accused of involvement in a shooting incident near Studebaker Park off East Jefferson Street.A Kokomo Police Department custody report stated

    August 20, 2014

  • NWS KT 082014 Rick Rhodes Kokomo man wins Hoosier Millionaire Championship INDIANAPOLIS — Kokomo man Rick Rhodes took the top spot on Saturday night's 25th Anniversary Championship Hoosier Millionaire Show at the Indiana State Fair. Rhodes stopped short of becoming the Hoosier Millionaire Show's 192nd millionaire, but he wa

    August 19, 2014 1 Photo

  • Data breach affects Dukes Memorial Hospital PERU — Dukes Memorial Hospital was one of nine Indiana hospitals affected by Monday's data breach at Community Health Systems. Community Health Systems — which is not affiliated with Community Health Network, the Indianapolis-based healthcare provide

    August 19, 2014

  • Smoking ordinance mostly unchanged heading to first reading The draft of an ordinance that would eliminate smoking in all enclosed public places largely went untouched during committee review as it heads for a first reading before the Kokomo Common Council on Monday. The ordinance didn’t come without its fair

    August 19, 2014

  • Central Indiana reservoir foes back river trails DALEVILLE, Ind. (AP) — Environmental groups are proposing a system of trails to promote use of the White River in central Indiana rather than damming it for a planned seven-mile-long reservoir. Tim Maloney of the Hoosier Environmental Council says t

    August 19, 2014

  • Daniels clarifies remarks about Purdue regional campuses FORT WAYNE, Ind. (AP) — President Mitch Daniels said Purdue University's regional campuses should conduct research specific to their missions, clarifying recent remarks on the topic in a letter to four Fort Wayne faculty members Monday. The four mem

    August 19, 2014

  • Taylor to consider redistricting for upcoming school board election With a Friday deadline looming for potential candidates to file for the local school board election, Taylor Community School Corp. will redefine its school board districts at a special meeting today.Taylor’s board of education is made up of two board

    August 19, 2014

  • Prairie Acres residents take plan commission decision to court TIPTON — Residents of Prairie Acres subdivision are taking their fight to prevent Functional Devices’ expansion to court. Four residents — Robert Keesling, Ronald Owsley, Jim Mullins and John Stieglitz — filed a petition for judicial review Friday af

    August 19, 2014

  • Police: 3 abandon vehicle after crashing into Center Road house Kokomo police are still looking for the people who left a vehicle after hitting a house on Center Road Sunday morning.Two females and one male exited the 2002 silver Dodge Durango that hit Chris Dunlap’s house in the 900 block of East Center Road at

    August 19, 2014

Latest news
Featured Ads
Only on our website
AP Video
Raw: IDF Footage Said to Show Airstrikes Police: Ferguson More Peaceful Raw: Aftermath of Airstrike in Gaza Raw: Thousands March on Pakistani Parliament Raw: World's Oldest Man Lives in Japan Fire Crews Tame Yosemite Fire Raw: Police Weapon Drawn Near Protesters, Media Raw: Deadly Landslides in Japan Raw: Explosions in Gaza As Airstrikes Resume Arrests Witnessed in Ferguson Charter Schools Alter Post-Katrina Landscape Texas Gov. Perry: Indictment 'a Political Act' US Officials: Video Shows American's Beheading Video Shows Ferguson Cop Months Before Shooting Heavy Rains Flood Arizona Roads US Trying to Verify Video of American's Killing FBI Director Addresses Ferguson Shooting in Utah Raw: Police at Scene of St. Louis Shooting Police: 2 Calif. Boys Planned School Shooting NOLA Police Chief Retires Amid Violent Crimes
Parade
Magazine

Click HERE to read all your Parade favorites including Hollywood Wire, Celebrity interviews and photo galleries, Food recipes and cooking tips, Games and lots more.
Obituaries