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Recent posts by Lucas Nelsen

Bill would siphon tax revenue from counties hosting wind farms

The Great Plains is an area that has a bright future in renewable energy, especially in rural areas with great access to natural resources. States with wind energy potential, like North Dakota, have a chance to develop these resources and reap the benefits of being a renewable energy leader.

Minnesota wind energy tax revenue

Wind farm development brings numerous economic benefits to the counties and local communities where the farms are 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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Wind energy yields tax revenue

Wind energy projects in North Dakota have generated millions of dollars in tax revenue for rural communities over the last several years. In 2015, the projects generated $1,126,934 in electric generation tax revenue, and, in 2016, they generated $7.7 million dollars in property tax revenue. This new revenue was used to fund schools, roads, and other essential services like fire and emergency medical services.

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.

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