Evaluation of State Taxes and Tax Incentives and Their Impact on the Development of Geothermal Energy in Western States
- Key words
- Economics; Direct Use; USA; Western States; Taxes; Economic Models; Computer Simulation; Policy Recommendation
- Location
- Western United States
- Conference
- Geothermal Resources Council Transactions
- Year
- 1980
- Session
- Economics; Direct use; Taxation; Energy policy; Computer mod
- Language
- English
Abstract
The economic impact of existing and prospective state taxes and tax incentives on direct thermal applications of geothermal energy are evaluated. Study area is eight western states which have existing potential geothermal activities. Economic models representing the geothermal producer and business enterprise phases of four industrial/commercial uses of geothermal energy are synthesized and then placed in the existing tax structures of each sate for evaluation. The effects of state taxations on net profits and tax revenues are determined. Tax incentives to accelerate geothermal development are also examined.
Copyright 1980, Geothermal Resources Council. Readers who download papers from this site should honour the copyright of the original authors, and may not copy or distribute the work further without the permission of the original publisher.