Energy (Oil & Gas)

AB 559 creates annual payments to municipalities and counties where energy storage facilities (like batteries or pumped hydro) or liquefied natural gas (LNG) storage facilities are located. For energy storage facilities, payments equal $2,000 per megawatt of capacity, split between the local city/village/town and county. For LNG facilities, payments are based on 3-6 mills of the facility’s property value, also split between the local jurisdiction and county. The bill ensures these payments continue even if some facility units shut down, and funds come from a public utility account. It directly affects local governments hosting these facilities and utility companies owning them.

SB 556 creates new annual payments to municipalities and counties for hosting energy storage facilities (like batteries or thermal systems) and liquefied natural gas (LNG) storage facilities. For energy storage facilities with at least 1 megawatt capacity, payments are calculated as $2,000 per megawatt, split between the local city/town (two-thirds) and county (one-third) or town (one-third) and county (two-thirds). For LNG storage facilities, payments are based on the property's net book value at 6 mills for cities/villages or 3 mills for towns, with the county receiving the remaining share. The bill ensures payments continue even if some facility units cease operation, maintaining consistent support for local governments.

AB 69 amends Wisconsin law to expand the sales and use tax exemption for residential electricity and natural gas to cover the winter months of November through April. Currently, the exemption applies only to certain months, but this bill adds those six winter months to the list of qualifying periods for residential energy purchases. The change directly affects homeowners and renters who purchase electricity or natural gas for home use during these months, removing the tax on those purchases. The bill is a straightforward policy adjustment to the existing tax code, not a new program or funding measure.