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Recent posts by Lucas Nelsen

Wind projects generate more than energy

Many people wonder what their community will get out of wind development, and in South Dakota, wind projects have generated more than energy. Important tax revenue for local schools, roads, and more have come from these projects.

In South Dakota, contributions of the projects came through nameplate capacity and production taxes, providing a tool for localities to offset the need for higher taxes. The nameplate capacity tax is based on the total energy generation of the project while the production tax assesses the actual production of a wind energy system.

Wind energy provides a breath of fresh air

Wind energy projects have proven to be an important economic development tool for counties across rural America. In Nebraska, these projects generated nearly $3 million in tax revenue for local schools – accumulating a total of $3,065,623 in 2017. The contributions were used to fund schools, roads, and other essential services. As rural economies look to diversify their revenue streams without raising taxes, wind energy projects could provide a breath of fresh air.

Nebraska Wind Energy Tax Revenue

Wind farm development brings numerous economic benefits to the counties and local communities where they’re located. Among the perks are direct payments to landowners who host turbines, and employment opportunities in the area during the construction and operation of a project. In some cases, operators may also provide payments to neighbors who are near development but do not host turbines, and some wind farms are developed by associations that distribute payments to members.

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