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Vol. 14, No. 2 Week of January 11, 2009
Providing coverage of Alaska and northern Canada's oil and gas industry


McGuire proposes geothermal tax credit

Prefiled bill would credit 35 cents per kilowatt hour for 4 years of geothermal generation of at least 400 kilowatts of electricity

Kristen Nelson

Petroleum News

Is Alaska ready for geothermal-generated electricity? Alaska Sen. Lesil McGuire, R-Anchorage, thinks so and has prefiled legislation proposing a production tax credit for geothermal energy systems that generate at least 400 kilowatts of electricity. She said that over time geothermal-generated elect....

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Credit for first four years

Recent state sale


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