Wyoming is home to the largest share of onshore, high-quality wind resources in the United States. However, to remain competitive Wyoming must have a tax structure for wind energy development that is comparable to other Western states. Wyoming must also have a tax structure that provides both upfront and a steady, long-term stream of revenue to the communities affected by wind development and to the State. For a number of years, wind development in our state was exempt from paying sales and use tax. This brought about a large increase in wind generation but did not address financial needs of communities experiencing this development. In 2012, this tax exemption expired and there was an introduction of a generation tax that taxed every megawatt hour of electricity generated from wind at $1.00.
A tax structure in Wyoming comparable to other Western states. Both upfront and long-term streams of revenue to local communities experiencing wind development. Long-term stream of revenue to the State and local governments.
Wyoming Legislature, local governments, industry