Wind advisory panel agrees on payment-sharing plan

Buffalo NewsJune 10, 2009

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Summary


Nine wind advisory committee representatives from school districts, towns and the Cattaraugus County Legislature have agreed on a policy for sharing payments equal to $5,000 per megawatt of power that a wind-energy facility is capable of producing.

If the Cattaraugus County Industrial Development Agency board adopts the recommended policy, the payment schedule for these tax- exempt wind farm projects will be calculated based on the tax rates of each taxing authority.

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Wind advisory panel agrees on payment-sharing plan

Currently, though the state provides an automatic 15-year tax exemption for alternative ene...

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