Impacts of Wind Development on the Economy of

  • Slides: 10
Download presentation
Impacts of Wind Development on the Economy of Beaver County Presented By Scott Albrecht.

Impacts of Wind Development on the Economy of Beaver County Presented By Scott Albrecht. County Administrator.

The Wind Kids

The Wind Kids

Project Summary • • • 306 MW 165 Turbines 88 mile transmission line to

Project Summary • • • 306 MW 165 Turbines 88 mile transmission line to IPP Power 54, 300 homes in S. CA 349, 400 Tons of CO 2 Offset • Largest operational utility-scale wind farm in Utah

Before After

Before After

Tax Base Pre-Wind Development Post-Wind Development 12, 163 acres $680 $3, 123, 949 •

Tax Base Pre-Wind Development Post-Wind Development 12, 163 acres $680 $3, 123, 949 • Benefits of Tax Generation – New Hospital – New Elementary School – Improved Road Infrastructure – Shift from Residential Tax Burden to Business • 30% of assessed evaluation

Role of Taxes • Why Are Taxes Assessed? – To Provide the Essential Services

Role of Taxes • Why Are Taxes Assessed? – To Provide the Essential Services Collectively Needed as a Society. Basic Services Roads Education Emergency & Medical Services Law Enforcement & Judicial Services

Contributions vs. Impacts CONTRIBUTIONS H i g h -Capital Investment -Contribution to Tax Base

Contributions vs. Impacts CONTRIBUTIONS H i g h -Capital Investment -Contribution to Tax Base -Effective Use of nonproducing private property vs IMPACTS -Roads -Education -Emergency & Medical Services - Law Enforcement & Judicial Services L o w

Employment Diversification

Employment Diversification

First Wind in 2015 • Currently Employee 25 • Up to date on tax

First Wind in 2015 • Currently Employee 25 • Up to date on tax payments • Contribute to Community functions • Annual $3, 000 student scholarship • Permitted 350 MW Solar Projects • Put Beaver County on the Map for RE – 5 Utility-Scale Operating RE industries within 50 miles

QUESTIONS ? Scott Albrecht smalbrecht@beaver. utah. gov (435)438 -6490

QUESTIONS ? Scott Albrecht smalbrecht@beaver. utah. gov (435)438 -6490