[r20] Rep. Dermody Supports Bill on Alternative Energy Incentives for REMCs; Passes House (2/27/2009)

Friday, February 27, 2009

Start Date: 2/27/2009 All Day
End Date: 2/27/2009
(STATEHOUSE) Feb. 27, 2009 - Rep. Tom Dermody (R-LaPorte) supports a bill that establishes the office of alternative energy incentives. The office will provide incentives for rural electric facilities and their cooperatively owned power suppliers to develop alternative energy projects. The bill passed the House with a 91-3 vote.

"Alternative energy projects are a must," said Dermody. "They result in the reduction of pollutants and carbon emissions in the air that are produced by traditional electric generating facilities that use fossil fuels as their primary fuel source."

Under House Bill 1360, the incentives would encourage electric facilities and their cooperatively owned power suppliers to:

  • Develop alternative energy projects.
  • Apply for and contribute matching funds to state or federal grants and programs for alternative energy projects that are in the public interest of the state and its citizens. These projects are crucial to the Indiana's economic development efforts.

"Keeping the environment clean and safe for Indiana is a top priority," said Dermody. "I believe that alternative energy projects will result in cleaner air and help protect Indiana's environment for future generations."