Economy, Energy, Natural Resources: Policy to People

‘Oklahoma Governor to Decide Fate of Wind Energy Tax Credits’

A bill that brings an early end to the last major tax incentive for the wind industry has cleared its last legislative hurdle and now awaits Gov. Mary Fallin’s signature.

Oklahoma governor to decide fate of wind energy tax credits

Leadership in both chambers have praised the bill, citing it as one way the state can reclaim revenue in future budget years. Oklahoma law allows owners of wind turbines that begin operation before 2021 to claim a credit on the income earned from energy production. HB 2298 would end the credit July 1 …

… Jeffrey Clark, president of The Wind Coalition, said the wind industry wanted to talk more about the end date. Still, he said, the coalition has worked with Oklahoma lawmakers since 2014 to roll back tax incentives.


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  • stephan011

    It is outrageous that wind is being targeted, and not oil and gas. If the legislature wants to end tax credits out of principle or need, fine, but then don’t favor the fossil fuel industry.

    It’s perverse to target a industry creating thousands of jobs for Oklahoma, lease payments for farmers and tax revenues for local governments across the state, producing clean power.

    Meanwhile leaving tax breaks in place for the fossile fuel industry which produces air and water pollution, causing health damage and environmental degredation..

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