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House GOP: Energy fund plan would give Blittersdorf unfair advantage

Vt Digger - - 9:43 am Fri Apr 22nd, 2011

House Republicans say a proposed mechanism for financing the Clean Energy Development Fund will give a solar developer who contributed large sums to Gov. Peter Shumlin's campaign an unfair advantage.

A new provision in the energy bill (which is expected to go before Senate Finance) makes developers who have been approved for tax credits now eligible for grants. Instead of receiving a tax credit over a five-year period, they will, instead, get a grant up front for 50 percent of the value of the tax credit in this tax year.

Read the whole story in the Vt Digger - : http://vtdigger.org/2011/04/22/house-gop-energy-fu...

Relevant Address(es):
Hinesburg, VT 05461 (Set as Local)
Warren, VT 05674 (Set as Local)
Georgia, VT 05454 (Set as Local)
Jamaica, VT 05343 (Set as Local)

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