Wind Delivers Big Money To Struggling Rural Ohio
Wind power set to deliver $54m to Ohio’s rural communities by the end of 2018
Michele Froese, April 16, Windpower Engineering & Development)
“…[Just four utility-scale wind projects in rural Ohio] will have delivered over $54 million in payment in lieu of taxes (PILOT) and land lease payments by the end of 2018…[These very real financial benefits to places in need of economic opportunity underscores the misguidedness the Ohio Legislature, which] – without any public input or legislative debate – enacted changes to the state’s property setback requirements for new wind projects in 2014, creating one of the most stringent statewide setback laws in the nation. Since the change, the state’s Power Siting Board has yet to receive a single new project application that complies with the requirements. In addition, there are more than a dozen approved or pending in-state wind projects that may not reach completion without a change to the current law…In contrast, the American wind industry has developed 17 projects in nearby and neighboring states such as Illinois, Indiana, Michigan, and Pennsylvania since 2014, representing over $2 billion in project investment…” click here for more
0 Comments:
Post a Comment
Note: Only a member of this blog may post a comment.
<< Home