Library filed under Taxes & Subsidies from New York
The reassessment of the windmills to $11 million from $25 million will reduce the town of Fenner’s total taxable assessed value by $13 million. This will definitely have an impact on the 2019 town budget and the town tax rate, although it is too early in the budget process to say exactly what that impact will be, Jones said.
This claim will go before a judge to determine the merits of the argument. A ruling in favor of the plaintiff would be a devastating blow to every municipality that hosts commercial wind facilities. And it would drastically reduce the already scant economic benefits that these projects yield once the construction phase is complete.
The owners of Maple Ridge Wind Farm are seeking to have the assessments on the project’s Lewis County properties reduced by hundreds of millions of dollars. ...Ms. McNichol said the county, as lead agency, the municipalities and school districts will now consider Flat Rock’s proposed assessments and likely counter them in what may become “a battle of experts” in court. “It comes down to our appraisal versus their appraisal, our experts versus their experts,” Mr. Piche said. “At the end of the day, the judge is probably going to go right down the middle.”
The IDA will submit a letter responding to a interrogatory letter from the developer, Apex Clean Energy, sent to the state Department of Public Service staff regarding a potential PILOT for its 108.9 megawatt wind farm. “It’s really pretty straightforward,” said agency Chairman David J. Converse. “It’s basically telling them no decisions have been made yet.”
A payment in lieu of tax agreement won’t be reconsidered despite changes to wind turbine heights within the Ball Hill Wind Energy Project in the town of Villenova.
Jefferson County, responding to a document filed with Public Service Commission staff by Apex Clean Energy, has clearly set forth its expectations on any payment-in-lieu-of-taxes agreement reached on the proposed Galloo Island wind project.
Cattaraugus County lawmakers will vote Wednesday on a resolution urging the Industrial Development Agency not to grant a payment in lieu of taxes (P.I.L.O.T.) agreement for projects like the Alle-Catt Wind Farm. ...The resolution is advisory in nature, urging the IDA not to grant a P.I.L.O.T. for wind energy projects larger than 5 megawatts.
Mark Twichell, DDS, of Fredonia has reached out to Mark Geise, CEO of the Chautauqua County Industrial Development Agency, to ask him to repeal the approved PILOT (payment in lieu of taxes) agreement for the Ball Hill wind project. ...Twichell expressed his concern that wind company RES’ proposal to use larger machines constitutes a different project than that which was originally negotiated.
“I think the board would have to take a sincere look at the whole project to see if it were truly wanted at the local level,” Wiktor said. “It’s an issue the IDA will have to face. It’s going to come down to what do they hear in terms of local support and opposition.” With Article 10, a project could be approved with limited or no local support.
The payments from Maple Ridge will decline, and the payments from proposed future projects — Number Three, Deer River and Copenhagen — will not come close to matching the revenue from the county’s first wind project. The county should quickly tell Avangrid that its first PILOT will be its last, and that Lewis County won’t continue to subsidize its healthy profits.
MAYVILLE — The Chautauqua County Legislature approved a resolution requesting the Chautauqua County Industrial Development Agency not to approve further PILOT agreements for wind energy projects larger than five megawatts rated-capacity Wednesday night.
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.