It is unclear how much of an impact the Business Energy Tax Credit has had on Oregon’s high unemployment rate.
It is unclear how much of an impact the Business Energy Tax Credit has had on Oregon’s high unemployment rate.
With the exception of solar equipment manufacturing companies, such as SolarWorld and Sanyo, the state has no firm data on the number of jobs that can be attributed to the subsidies.
The subsidized cost of each job varies dramatically. For example, Horizon Wind Energy received $11 million in tax credits for an eastern Oregon wind farm that, after construction, created 36 full-time maintenance and operation jobs. Solaicx, a Portland solar manufacturer, got $9 million in tax credits and employs 127 full-time staff.
Read more at OregonLive.com.
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