Library filed under Taxes & Subsidies from New York
While Mr. Gray said he would like full taxation for the full assessment from developer Avangrid Renewables in a potential payment-in-lieu-of-taxes agreement for its Lewis County project’s transmission line, which will run through the town of Rodman, he said he would bring a proposal to the Legislature that would mirror the PILOT agreement for the Copenhagen Wind Farm.
If NYSERDA stops paying Noble incentives, Noble’s income will decrease and could directly affect the Town of Eagle. The funding that Eagle receives annually from Noble as a part of the host agreement is percentage based, so if Noble loses income, so will Eagle and the residents of Eagle with turbines on their properties.
“(Apex Clean Energy) has asked the JCIDA to table our PILOT application for the moment,” Mr. Habig said in an email. “Much has been reported on Fort Drum concerns in recent days. We feel it is appropriate to give the parties an opportunity to digest the facts and reach informed and considered conclusions regarding potential base impact before engaging in PILOT discussions.”
Hopkinton Town Supervisor Susan Wood says a banner placed on a float in the Hopkinton-Fort-Jackson parade Aug. 5 that claimed “Windmills = 50% Cut in Land Taxes for Hopkinton” was not based on facts.
Under the policy, the county Legislature requires any payment in lieu of taxes (PILOT) agreement for wind energy production projects with a rated capacity of 25 Megawatts or more to be equal to the property tax payments the county would have received in the absence of exemptions.
Mr. Perkins said lawmakers need to conduct more research before creating a countywide policy that could impact all 32 towns, not just Parishville and Hopkinton where developers have proposed building North Ridge Industrial Wind Farm.
WATERTOWN — County economic development officials are preparing for a potential review of Apex Clean Energy’s payment-in-lieu-of-taxes application by the Jefferson County Industrial Development Agency.
Plus, when the new subsidies are combined with existing federal cash, the amount in subsidies NextEra and Invenergy will be collecting will exceed the prevailing wholesale price of electricity in the state by nearly $13 per megawatt-hour.
While nuclear power is left to sink or swim in New England's competitive power market, New York last week approved a clean energy standard that calls for 50 percent renewables by 2030 and financial subsidies to keep three Upstate nuclear power plants in business.
The agreement calls for the towns to share payments of $4,000 per megawatt per year — approximately $310,000 — with Franklin County and the Chateaugay Central School District.
The county Legislature passed a resolution saying any alternative energy sources larger than 25 megawatts won't receive any tax breaks from the county. Chairman Scott Gray says the benefits to the community just aren't there.
He says Apex Clean Energy wants a 75 percent tax break for its proposed project on Galloo Island in Hounsfield. Now, county lawmakers are on the verge of a policy that says no tax deals at all for Apex or any other big wind or solar developer.
The proposal by the state Department of Public Service stipulates Exelon's 597-MW Ginna reactor in Ontario, New York, and the 640-MW Nine Mile Point-1 and 1,205-MW Nine Mile Point-2 units in Oswego, as well as Entergy's 849-MW FitzPatrick in Oswego, would be eligible to receive payments via a zero-emissions credit, or ZEC, from state electricity retailers.
The Somerset Town Board decided this week to take advantage of a provision in state law that allows local governments to prevent property tax exemptions for wind power projects.
"Our town, school and county have a decidedly mixed experience with PILOTs, as have many across the state,” resident Randy Atwater said. “We know that our community does not want this project, but if we lose the battle and the project proceeds, I'd prefer the project be taxed on the full value of the installation.”
The Franklin County Industrial Development Agency Board of Directors on Monday took the next step toward making the Jericho Rise wind farm project a reality.
“The tax exemption made available by Section 487 of the Real Property Tax Law shall not be applicable within the boundaries of the Chateaugay Central School District with respect to any solar or wind energy system constructed subsequent to the date of this resolution,” the board resolution states.
Scott Gray chairs the Jefferson County Legislature says the county will not give tax deals to any wind projects in the county. "We look at it and say what are the benefits that it's bringing and in this case many people don't believe there is any benefit." He says wind projects don't bring jobs to the area.
The Madison Wind Farm, town of Madison, county of Madison, has told town and county officials that come Jan. 1, when its 15-year payment-in-lieu-of-tax agreement expires, it simply won’t be able to pay any more than it has over the past 15 years. That princely sum? A paltry $60,000 a year split between the school district and the town. The county generously agreed to forgo any payments, figuring it would get its reward when the PILOT was done.
Enough is enough. Wind advocates have claimed for decades they wouldn’t need handouts within a few more years – claims that have proven wrong time and again. Wind’s recent history illustrates this reality. When the PTC is active – aka, when the tax spigot is open – new wind installations soar. When it’s temporarily expired and no more tax dollars are available, installations plummet.