Environment Making Indiana open for (green) business

Making Indiana open for (green) business

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State Sen. Sue Errington is pushing for Indiana to adopt a renewable energy standard which would require utility companies to generate a portion of their electricity from a combination of renewable energy resources and energy efficiency.  Senate Bill 94 would ensure Indiana receives at least 20% of our energy from renewable or energy efficient resources by 2021.

Sen. Errington writes:

As Indiana fights in these tough economic times to attract and retain jobs for Hoosier workers, it’s imperative we use every tool possible to give us a competitive advantage over neighboring states. That’s why I’m sponsoring legislation this session designed to create new jobs and investments in our state’s burgeoning clean energy economy.

According to a recent study by the Renewable Energy Policy Project, Indiana ranks second per capita in the country in job growth potential for component manufacturing for wind farms, biomass plants and geothermal facilities and other green industries. However, Indiana is the only state in the Midwest without an RES, which component manufacturing investors often look for when assessing whether to invest in a particular state.

In my own community in Delaware County, we’re experiencing firsthand just how investments from clean energy companies are making a difference in creating jobs. Brevini Wind is on track to fill the first of 450 new jobs later this year at its western Delaware County wind turbine gearbox plant. Those jobs will impact thousands of families, individuals and businesses.

Among the jobs that would be created with an RES in place are production positions that support wind, biomass and solar systems, as well as jobs that capitalize on the strengths of existing Hoosier manufacturing businesses and workers to produce renewable energy components. Additional jobs would be created for the construction, service, support and sales of these same energy technologies.

Indiana has tremendous potential to attract companies like Brevini, but we must make our state a more hospitable place if we are to capture these investments. Passing an RES will send a strong message that is Indiana open for business. And an RES can indeed be designed to minimize impacts on electricity ratepayers. Other states have done it. Now is not the time to delay, now is the time to put Hoosiers back to work.

Did you know?

The State of Indiana offers property tax exemptions for the installation of solar, wind, and geothermal technologies. Contact your local county auditor or county assessor for more information.

Learn More:

Indiana’s state incentives for renewable energy

Renewable Portfolio Standards Fact Sheet
U.S. Environmental Protection Agency

State-by-State details of Renewable Energy Standards
U.S. Dept. of Energy

Map of state renewable energy policies