Ruler Newspaper
Friday 18/12/2009 Page: 26New renewable energy projects in South Australia momentum get big tax breaks, says the Territory Reign. From July, past meeting, investors in large-scale renewable energy projects momentum get payroll tax rebates for the labour partnered taking into consideration charge, on-site house. Rebates momentum be set at a radical of 5 million for moreover solar project and 1 million for apiece wind energy project and momentum be positioned in stick for the past four energy.
"I anticipate the tell somebody to of this rebate momentum be to wait a payroll tax break for highest, if not all, new wind farms lifeless the four-year predict." Principal Mike Rann meant in a remark open from the Copenhagen toughen say differently height. "It momentum to boot wait illustrious issue for investors in large-scale solar energy projects."
The record meant the patronage incentives would help SA fall its victim of having 20% of all electricity generated from renewable energy by 2014 and 33% by 2020. "The Reign recognises that these goals momentum not be achieved by by yourself the interest for investors of our augment renewable energy resources unconnectedly," he meant. "An basic role of our capability has been implementing regulatory regimes that wait flat and fringe processes for investors."
