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Senate committee hears public testimony on bill to credit transmission costs for in‑state solar, wind and storage projects
Summary
Senate Bill 927 would create personal and corporate income tax credits to offset "wheeling" (transmission) charges for non‑emitting electricity from solar, wind and energy storage; sponsors and industry witnesses said the credit would spur rural projects, jobs and local tax revenue, while staff signaled a technical amendment is being negotiated.
Senate Committee on Finance and Revenue Chair Mark Meek opened a public hearing April 23 on Senate Bill 927, a proposal to create a personal income tax and corporate income tax credit to offset transmission ("wheeling") charges for electricity from solar, wind and energy storage placed in service after Jan. 1, 2026 and before Jan. 1, 2032.
Sen. David Brock Smith, sponsor of SB 927, told the committee the credit is intended to "remove major barriers to the solar and battery storage by addressing wheeling charges that make renewable energy less competitive," and said the measure would support rural economic development and local construction and maintenance jobs in parts of his district.
"This wheeling relief will improve grid resiliency. It's an urgent public‑safety issue as far as I'm concerned when we talk about wildfire," Brock Smith said. He also cited local storms and outages on the coast and described battery storage as "critically needed."
Gina Franzosa, representing the…
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