Florida may remove tax on electric cars
TALLAHASSEE, FLORIDA - Florida would remove state sales tax on electric cars and give businesses who use them a tax credit under a bill moving through the House.
Rep. Adam Hasner, who leased an electric car for 90 days last year, is sponsoring the legislation (HB 879). The House Energy & Utilities Policy Committee unanimously approved the bill just recently.
Afterward, Hasner, a Republican from Delray Beach, said: "This is a way for Florida to take the lead in advancing the electric car movement and getting more cars on the road that use zero gas and have zero emissions."
The bill also would provide a $2,000 rebate for the first 100 entities that install public recharging stations for electric cars.
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It's CHEAP but not necessarily easy: Crosbie introduces PCs' Newfoundland electricity rate reduction strategy
ST. JOHNS - Newfoundland and Labrador PC Leader Ches Crosbie says Muskrat Falls won't drive up electricity rates, if he's elected premier.
According to Crosbie, who presented the party's Crosbie Hydro Energy Action Plan — acronym CHEAP — at a press conference Monday, $575.4 million is needed per year in order to keep rates from ballooning past 14.67 cents per kilowatt hour.
Here's where he thinks the money could come from:
- Hydro rates and dividends — $123.4 million
- Export sales — $40.1 million
- Nalcor restructuring — $30 million
- Holyrood savings — $150 million
- Nalcor oil revenue — $231 million …
