Consultant says 6'cent alternative volumetric tax could improve AKLNG project's margins At an April 1 House Resources hearing, a Gaffney & Klein consultant said replacing Alaska's property tax regime for AKLNG with a 6'cent alternative volumetric payment (AVP) would expand the project's viability window; AGDC warned high property taxes could still put the pipeline 'out of the money. Lawmakers pressed for more modeling and set an amendment deadline for HB 381.

A proposed shift to a 6-cent volumetric tax could unlock new profitability for Alaska's LNG project, but lawmakers are raising crucial questions about its impact on local revenues.

Learn more here

#AK #EnergyPolicy #FiscalReform #AlaskaPropertyTax #CitizenPortal #InvestmentCertainty

Committee clears bill to clarify property-tax valuation for energy storage The committee passed HB309 to apply New Mexico's special valuation method to energy storage assets used in electric generation, which developers said will provide certainty for investment in battery projects.

New Mexico just took a significant step to boost investment in energy storage by clarifying property tax valuation for electric generation!

Click to read more!

#NM #NewMexicoEnergy #CitizenPortal #ElectricGeneration #InvestmentCertainty #EnergyStorage