Louisiana 4% ^^%Jfc United States •ptj^^W^mA Environmental Protection ^t^kl *m Agency State Incentives for Achieving Clean and Renewable Energy Development on Contaminated Lands The development of clean and renewable energy on formerly used land offers many economic and environmental benefits. Combining clean and renewable energy and contaminated land cleanup incentives can allow investors and communities to create economically viable clean and renewable energy redevelopment projects. This document provides information about incentives in your state that can be leveraged for clean and renewable energy and development of contaminated land. Incentives for Clean and Renewable Energy Technical Assistance and Other Incentives HB 428: Lease of Louisiana Lands for Wind Power Production www.eere.energy.gov/windandhydro/windpoweringamerica/filter_detail.asp ?itemid=1006 Authorizes the Department of Natural Resources, in conjunction with the State Mineral Board, to lease state-owned lands for the production of wind power. Net Metering http://dnr.louisiana.gov/sec/execdiv/techasmt/energy_sources/index.htm Requires publicly-owned utilities and rural electric cooperatives to offer net metering to customers with systems that generate electricity using solar, wind, hydropower, geothermal or biomass resources. (Fuel cells and micro turbines that generate electricity entirely derived from renewable resources are eligible.) The rules apply to residential facilities with a maximum capacity of 25 kW and commercial or agricultural systems with a maximum capacity of 300 kW. Note: In June 2008, Louisiana increased the maximum capacity of commercial and agricultural systems to 300 kW. However, as of November 2008 this change had not yet been adopted within the City of New Orleans. Please contact the Louisiana Public Service Commission to ensure that the 300 kW capacity applies to your project. Quick Facts Public Benefit Fund (PBF) Renewable Portfolio Standard Net Metering Interconnection Standards Yes D No 0 Yes D No 0 Yes 0 No D Yes 0 No D Electric Power Industry Generation by Primary Energy Source (EIA, 2006) Petroleum-Fired 2% Nuclear 18.4% Natural Gas-Fired 44.5% Hydroelectric 0.8% Coal-Fired 26.8% Other Renewables 3.3% Points of Contact HB428: Lease of Louisiana Lands for Wind Power Production Louisiana Department of Natural Resources, dnr.louisiana.gov Dave Meloy, davidm@dnr.state.la.us, (225) 342-6119 Net Metering Louisiana Public Service Commission, www.lpsc.org Arnold Chauviere, arnold.chauviere@la.gov, (225) 342-4404 Information current as of November 2008; please refer to www.dsireusa.org and the state Web sites provided, or contact the points of contact identified above for more up to date information. Louisiana Incentives for Clean and Renewable Energy- Page ' ------- *Jfea [ Incentives for Development of Contaminated Land Funding (grants, loans, bonds, etc.) Louisiana Targeted Brownfield Assessment (TBA) Services www. deq. louisiana. gov/portal/Default. aspx?tabid= 266 Provides funding for a limited number of TBAs at qualified properties in Louisiana. Eligible assessments include Phase I and II Environmental Site Assessments conducted in accordance with ASTM guidelines as well as other environmental assessments conducted in accordance with the Louisiana Risk Evaluation/Corrective Action Program (RECAP) regulations. Louisiana Brownfields Cleanup Revolving Loan Fund (BCRLF) www.deq.louisiana.gov/brownfields Provides loans at below-market interest rates to cleanup sites contaminated by petroleum and hazardous substances, pollutants, or contaminants (including hazardous substances co-mingled with petroleum). Tax Incentives (abatements, credits, deductions, etc.) Louisiana Tax Credit Program for Remediating Certified Brownfields Sites (aka: Brownfields Investor Tax Credit) www.legis. state, la. us/lss/lss. asp?doc=321885 Provides tax credits to Louisiana taxpayers and investors to remediate state-certified brownfields sites under legislation S.B. 322. Each taxpayer or investor is eligible to receive a 15% tax credit of the total investment to complete a remedial investigation and a 50% tax credit of the total investment made to complete a voluntary remediation action. The legislation authorizes a 10-year carry forward or transferability of the credit, but prohibits the amount of the tax credit applied by a taxpayer or investor from exceeding the amount of taxes due in a taxable period. Limitations on Liability Louisiana Voluntary Remediation Program (VRP) www.deq.louisiana.gov/brownfields Allows property owners and other persons who clean up properties to establish risk-based standards to get a Certificate of Completion from the Louisiana DEQ. The certificate releases them from further liability under state law for the past contamination at the site. This certificate allows potential buyers to acquire and remediate brownfields properties without fear of state superfund liability. Quick Facts Limitations on Liability Yes 0 No D Number of State-Tracked Contaminated Properties: 1,115 Includes Voluntary Remediation Program and Underground Storage Tank sites Number of EPA CERCLIS Sites: 197 Sites identified for potential investigation under the federal Superfund Program Number of EPA Brownfields Properties: 149 Properties being funded or addressed under the EPA Brownfields Program There may be some overlap among the categories listed and sites listed may not represent all potentially contaminated sites in Louisiana. Information current as of November 2008; please refer to www.epa.gov/brownfields/pubs/st_res_prog_report.htm and the state Web sites provided, or contact the points of contact identified above for more up to date information. Points of Contact Louisiana Department of Environmental Quality www.deq.louisiana.gov Louisiana TBA Services Duane Wilson, duane.wilson@la.gov, (225) 219-3236 Louisiana BCRLF, Brownfields Investor Tax Credit, Louisiana VRP Roger Gingles, roger.gingles@la.gov, (225) 219-3188 Duane Wilson/Rashaunda Johnson, brownfields@la.gov, (225) 219-3236 Louisiana Incentives for Development of Contaminated Land - Page 2 ------- |