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ID H0337
Bill
AI Summary
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Directs the Public Utilities Commission to establish standard or published avoided cost rates for electricity purchases from PURPA wind and solar qualifying facilities with a design capacity of 100 kilowatts or less.
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Revises the sales tax rebate for equipment used in alternative electricity generation (fuel cells, hydro, wind, geothermal, biomass, cogeneration, solar, landfill gas) by requiring commercial operation by December 31, 2014, and a minimum facility capacity of 25 kilowatts.
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Requires taxpayers selling electricity from wind or solar facilities to utilities regulated by the Idaho Public Utilities Commission to obtain approval of a power purchase agreement by October 31, 2011.
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Extends the sunset date of the renewable energy sales tax rebate from July 1, 2011, to December 31, 2014, with legislative intent that no further extensions will occur beyond this date.
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Allows recapture of rebates if property is not used for electricity generation for 60 months, with a five-year collection period from the end of the project year.
Legislative Description
Amends and adds to existing law to provide the authority of the Public Utilities Commission and its jurisdiction over the avoided cost rates paid to PURPA qualifying facilities and to revise requirements regarding the sales tax rebate for equipment used in alternative methods of generation of electricity; and extending the sunset date to December 31, 2014.
SALES AND USE TAX
Last Action
to Loc Gov
4/1/2011