Oklahoma Incentives/Policies for Renewables & Efficiency |
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Last DSIRE Review: 10/01/2012
Program Overview:
| State: |
Oklahoma |
| Incentive Type: |
Solar/Wind Permitting Standards |
| Eligible Renewable/Other Technologies: |
Wind |
| Applicable Sectors: |
Commercial, Industrial, Construction, Utility, Installer/Contractor |
Authority 1:
Date Enacted:
Date Effective:
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House Bill 2973
5/28/2010
1/1/2011
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Authority 2:
Date Effective:
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17 Okl. St. ยง 160.11, et seq.
1/1/2011
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Summary:
In 2010, Oklahoma passed HB 2973, known as The Oklahoma Wind Energy Development Act, which became effective January 1, 2011. The Act provides rules for owners of wind energy facilities related to decommissioning, payments, and insurance.
- Within one year of abandonment of a project, equipment from wind energy facilities must be removed and the land must be returned to its condition prior to the facility construction, except for roads.
- After 15 years of operation, wind energy facility owners must file an estimate of the decommissioning costs as well as proof of financial security to cover the cost of the decommission.
- For any wind energy facility that makes payments to the landowner dependent upon the amount of electricity produced, facility owners are required to provide an explanation of the payment calculation to the landowner, allow for landowners to confirm the accuracy of payments and inspect records, and make records available to the state of Oklahoma.
- Wind energy facilities must have commercial general liability insurance, which must name the landowner as an insured party. Proof of such insurance must be provided to the landowner before construction begins.
In addition to the Wind Energy Development Act, Oklahoma also passed SB 1787, which states that access to the airspace is tied to the ownership of the land; any wind or solar leasing arrangements associated with the airspace must be made with the landowner that owns the land below the air.
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Disclaimer: The information presented on the DSIRE web site provides an unofficial overview of financial incentives and other policies. It does not constitute professional tax advice or other professional financial guidance, and it should not be used as the only source of information when making purchasing decisions, investment decisions or tax decisions, or when executing other binding agreements. Please refer to the individual contact provided below each summary to verify that a specific financial incentive or other policy applies to your project.
While the DSIRE staff strives to provide the best information possible, the DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. make no representations or warranties, either express or implied, concerning the accuracy, completeness, reliability or suitability of the information. The DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. disclaim all liability of any kind arising out of your use or misuse of the information contained or referenced on DSIRE Web pages.
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