| April 13,
2005 OLYMPIA…The House today unanimously
approved two bills encouraging the manufacture and production of solar
energy in Washington state. The bills were a bipartisan effort by Sen.
Erik Poulsen, D-West Seattle, chair of the Senate Water, Energy &
Environment Committee, and Sen. Bob Morton, R-Orient, ranking member of the
committee.
Poulsen’s legislation,
Senate Bill 5101, establishes a $2,000 incentive for individuals,
businesses or local governments to invest in renewable power generation.
Small-scale windmill, solar panel and other alternative energy projects are
beginning to spring up around the state. During renovation of the
Legislative Building in Olympia, for example, solar panels were installed to
charge batteries used to light the Capitol dome at night.
“These bills are great examples of economics
and the environment working hand-in-hand,” said Poulsen. “If we make the
right kinds of investments in renewable power generation, we can develop new
technologies and create whole new industries while improving our
environment.”
Morton’s proposal, Senate Bill 5111,
provides a variety of tax incentives to support and boost the solar panel
production industry in Washington state, which includes:
- a sales tax exemption for construction of new
buildings;
- a use tax exemption on personal property used in the
project;
- a business and occupation tax job credit of $3,000 per
full-time manufacturing production job; and
- a property tax exemption on machinery and equipment
used in manufacturing.
“These bills come at a time when Washington
must diversify its energy generation,” Morton said. “As we deal with
drought, Washington is still 52 percent reliant on hydropower. Incentives to
diversify would help us overcome that reliance, along with keeping and
creating manufacturing-wage jobs in our state.”
Washington already boasts a $150 million solar
energy manufacturing industry.
Both bills now go back to the Senate for
consideration of changes made to the bills in the House.
-30-
For more information contact Tami Davis
(360) 786-7519 or
davis.tami@leg.wa.gov or Jason Kelly (360) 786-5699 or
kelly.jason@leg.wa.gov
|