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<DIV dir=ltr align=left><FONT face=Arial size=2><SPAN class=182452614-30042007>I
was asked to pass this along to any of you interested in renewable energy
incentives.</SPAN></FONT></DIV>
<DIV> </DIV>
<DIV align=left><FONT face=Arial size=2><STRONG>Jennifer
Gooden</STRONG></FONT></DIV>
<DIV align=left><FONT face=Arial size=2>Program Coordinator</FONT></DIV>
<DIV align=left><FONT face=Arial size=2>Homeless Alliance</FONT></DIV>
<DIV> </DIV>
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<DIV><SPAN style="FONT-WEIGHT: bold"><FONT style="FONT-FAMILY: verdana"
size=5>evergreen associates</FONT><BR>sustainable consulting, design and
project management<BR><BR>4.27.07<BR><BR>Friends,<BR><BR>There is an
emergency!<BR><BR>Oklahoma House and Senate bill 1387 if implemented would
provide a 40% tax credit to encourage the installation of solar and wind
energy systems in Oklahoma!<BR><BR>The bill has passed the house and the
Oklahoma State Senate and awaits going to a conference committee. However,
State Senator Mike Mazzei, who represents Senate district 25 in Tulsa, has
voted against this bill in the past and may have the power to stop the bill.
There have also been discussions of weakening the bill, as well as possibly
removing solar from the bill because it is "not feasable". (Germany is ahead
of schedule to get 25 % of its power from solar and wind by 2020, but in
Oklahoma it's not feasable?)<BR><BR>It will take a groundswell of
support to keep HB1387 from being gutted or eliminated in conference
committee...Could you take a few minutes and call or write Senator Mazzei's
office encouraging him to not oppose final passage of HB1387, which has
already been overwhelmingly approved by both the House and Senate? His office
number is 405-521-5675, his email is mazzei@oksenate.gov<BR><BR>Of course
enlisting support of other State Senators and Representatives is a very
good idea ... You can find yours at: </SPAN>
<DIV style="MARGIN-BOTTOM: 0.2in"><SPAN
style="FONT-FAMILY: Verdana,sans-serif"><SPAN
style="FONT-WEIGHT: bold; FONT-SIZE: 10pt">http://ok.gov/launch.php?url=http://www.capitolconnect.com/oklahoma/default.aspx
</SPAN></SPAN></DIV><B>Provisions of HB 1387</B></DIV>
<UL type=disc>
<LI>Provides a 40% state tax credit for the installation of wind systems or
solar systems for homes, farms, and businesses. The systems can’t be
larger than 100 kW.
<LI>Exempts small wind systems and solar systems from State sales tax
<LI>Tax credits take effect January 2007 and run through 2011 (no qualifying
installations are expected prior to enactment)
<LI>The credits can be carried-forward for up to ten years, but are not
transferable.</LI></UL>
<DIV><U>Talking Points:<BR><BR></U>
<UL type=disc>
<LI>These credits passed both the Senate and the House last year, as HB
2512, but didn’t make the cut in final consideration of the tax measures
during the special session.
<LI>Fostering a market for small scale renewables in Oklahoma responds to
strong public support for clean energy and energy security
<LI>A number of States offer grants, rebates, or tax credits for solar and
wind systems. Some as high as 60% of the costs (NY & NJ).
<LI>Oklahoma offered 35% tax credits in the early 1980’s. They expired
in 1985.
<LI>The 40% level is designed to be high enough to encourage sales, but not
so high that it becomes a tax shelter. Consumers will still pay 60%.
<LI>The typical cost of a wind system for a 2,500 ft total electric home is
$45,000. The payback period is over 20 years. There is great
potential for cost reductions with volume manufacturing.
<LI>HB 1387 passed the House on a vote of 86 to 11. The senate approved it
33-13
<LI>These credits passed both the Senate and the House last year, as HB
2512, but didn’t make the cut in final consideration of the tax measures
during the special session.
<LI>Projected fiscal impacts are $260K in FY’08 and $680K in FY’09
<LI>Oklahoma has provided tax credits for large-scale wind projects since
2002, even though these products are not manufactured in Oklahoma. This
has been successful and has encouraged $750 million in projects
<LI>Oklahoma companies involved in small wind and solar businesses are
buying from over 250 Oklahoma vendors in 33 Senate Districts and 53 House
Districts
<LI>Oklahoma hosts America’s leading manufacturer of small wind systems, but
they have no market in Oklahoma.
<LI>Oklahoma offered 35% tax credits in the early 1980’s. They expired
in 1985.</LI></UL></DIV>Thanks for every thing you do to make this state and
planet a better place.<BR><BR>Sincerely,<BR><BR>James Johnson<BR>evergreen
associates<BR>evergreenworld@sbcglobal.net<BR>918.583.5238<BR></DIV></DIV></BLOCKQUOTE><BR></BODY></HTML>