Incentive Now Available in MI for E85 and Biodiesel Infrastructure
In addition to Federal tax credits, Michigan fueling station owners can now receive 30 percent up to $20,000 to install E85 or biodiesel. Rep. Joel Sheltrown introduced House bill 5878’08 in March 2008, and it was signed into law on December 30 of last year.
This tax credit will be available from January 1, 2009 until December 31, 2012. A certificate of approval from the Energy Office of Michigan must first be obtained prior to taking the credit. One million dollars can be distributed each year through this credit. A station must sell the alternative fuel product for at least three years or the entire credit must be repaid.
Josh Clayton, owner of H & H Mobil in East Lansing, Michigan installed E85 in 2007. He admits that he and other station owners across the state have been underwhelmed by the profits being brought in by E85 and biodiesel fuel pumps, but he still counts himself as a “huge advocate of ethanol” and thinks its development is positive for Michigan.
There are currently 92 E85 stations throughout the state of Michigan.
2 Comments »
corny
Isn’t Michigan about out of money? I think the horse has long since left the barn.
flee
I like ethanol, but for Michigan this may not have been a smart move. But, we have a conundrum in Michigan, as Governor is a smart ex lawyer and actor full of Canadian Socialism idealism. Wow, can it get any worse for the state in need of change? Yes, it can as she very attractive and has full support of media.
Not much money in ethanol for long time and other states well positioned within climate to produce more. We have a little wind energy off Great lakes, no solar, and not very competitive in ethanol. So guess what our Governor is spending valuable resources on?
This state’s economy would turn on a dime if enacting the opposite polarity. Make the state a low tax, small gov’t, low welfare benefit state. Make the state like other states an Open Union state, meaning not mandatory to join union. Take as much support away from public schools and colleges and instead demand lower cost and performance. We need not build any Roman style complexes full of hate full union educators. Award money to lowest cost educators with success. Award incentives to teachers who utilize open market solutions. Forget public ed, a horrible institution.
The state should come right out and exclaim goal to become the best environment for business and manufacturing. Starting with nations lowest cost taxes and utilities all the while decreasing or eliminating pollution. Do this by not only by technology but by common sense regulations. Make Michigan the MECCA of U.S. manufacturing, first by low cost nuclear electric, to attract the metals industry.
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