Oklahoma’s wind incentives have brought billions in private investment to rural areas, lowering electricity prices, creating new jobs and providing property tax revenue for rural school districts.
The Advanced Power Alliance leadership worked directly with legislators to sunset tax incentives for the wind industry. As of July 2017, all wind tax incentives encouraging new developments in Oklahoma have ended. The incentive previously had a sunset date of Jan. 1, 2021.
During the next 10 years, the end of the Zero Emissions Tax Credit is estimated to save the State of Oklahoma $500 million – money which can be redirected to other state priorities.