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NextEra Energy, Inc. Message Board

  • utilityrates123 utilityrates123 Apr 19, 2012 7:29 PM Flag

    Utility exec to feds: Save our tax break, or else

    This would lend itself to the question regarding the cost per KWH for wind power. Considering the tax break will the KWH cost be lower than the average cost per KWH at the utility? According to the article it talks about the credit being paid back from tax revenues for the installation of the plant. What is the payback period of the recovery of the tax credit and what is the cost per KWH for the project with and without the tax credits. Will this be cheaper than other generation options? Quoting the cost per KWH would be able to answer this question.

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    • rpjg Aug 27, 2012 8:18 PM Flag

      Cheaper for who? There is no possible way it is cheaper anyway you look at wind generation, On its face it is more than 3 times as expensive to produce as a mix of gas, fossil and nuclear. Now think about this, It comes out of your wallet one way or the other, The subsidy lowers the generation build cost and perhaps KWH to the consumer temporarily. but its coming out of your pocket in the form of the taxes you pay to support the subsidy, The is no free lunch for tax payers; for utility execs that's a different story

      Sentiment: Hold

      • 1 Reply to rpjg
      • This answer was understood but what is the spread of the subsidized KWH and the regular cost per KWH? All projects should be looked at this way and they should also take a look at the cost over time to determine the amount of progress that has been made with the utilization of these technologies. How much has the cost per KWH come down from the first inception of the subsidies versus where they are now?

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