ANNOUNCEMENT
CITIZEN POWER ALLIANCE is now active and on the web. The CPA Blog address is: http://citizenpoweralliance.org/
Also there is a second CITIZEN POWER ALLIANCE site for permanent content that uses the url address: http://citizenpoweralliance.com/
Bookmark both addresses and visit them often. Additional announcements will be posted and sent out to our mailing list.
Hope you will take advantages of the CPA Project and support the objective of the coalition.
James Hall for CPA
Sunday, March 16, 2008
Deals that lead to lost property taxes
New York City lost more than $100 million in property taxes last year because of privately negotiated deals with some of the world's richest companies.
The companies - including behemoths like JPMorgan Chase, Pfizer and NBC - have paid a fraction of their normal property tax bill for years through these little-known deals, commonly called PILOTs (Payments in Lieu of Taxes).
An internal Bloomberg administration report obtained by the Daily News shows:
The giant American International Group paid nothing in PILOTs for fiscal 2007, saving $4.1 million on its annual property tax bill.
The American Stock Exchange, that symbol of the free market, paid a mere $1,070 in PILOTs - far less than a South Bronx homeowner would pay in taxes. The exchange's tax break from City Hall saved it nearly $1.5 million.
JPMorgan Chase paid just $1.9million in PILOTs, 20% of the $9.6 million in property taxes it normally would be assessed.
Most New Yorkers are aware of the outrageous $10 million property tax exemption Madison Square Garden has enjoyed for decades, courtesy of the state Legislature.
So why haven't we heard much about these other tax giveaways in, say, the liberal New York Times? Maybe because the newspaper of record is feeding at the same trough.
The Times paid $219,000 in PILOTs last year for its new printing plant in College Point, Queens, the report said. That's a paltry 13% of the $1.7 million assessed tax on the Times plant.
The undisputed king of PILOTs is real estate developer Bruce Ratner. His Forest City/Ratner firm paid the city $9.7 million last year for half a dozen commercial buildings the company owns in downtown Brooklyn. That sounds like a lot of money - until you realize it's only one-third of the company's actual $26.3 million property tax bill.
That doesn't even count PILOTs that have yet to kick in for Forest City's Atlantic Yards mega-project.
Forest City spokesman Loren Riegelhaupt defended the company's success at landing PILOT subsidies.
"A lot of those buildings in MetroTech were constructed when downtown Brooklyn was not what it was today," Riegelhaupt said. "Many businesses were fleeing to New Jersey in the 1990s, and we were willing to invest in that area when others wouldn't."
City Hall has routinely doled out these PILOT deals for decades, usually as part of a larger incentive package to get companies to stay in town or expand their business.
Government watchdog groups say the absence of uniform standards makes the whole PILOT program open to abuse, because each company gets to negotiate its own private deal. In addition, companies that fail to meet their original job creation promises rarely get penalized.
Until recently, no one knew exactly how much the tax breaks were costing the city. Then in 2005, after city Controller William Thompson released an audit blasting the city's poor monitoring of PILOTs, the City Council passed a law requiring the mayor's office to supply the Council speaker with a report of all PILOT revenues and expenditures.
The News recently obtained copies of those reports, which are sent quarterly from the city Office of Management and Budget to City Council Speaker Christine Quinn.
They reveal that some 300 companies and nonprofit groups enjoy long-term PILOT deals. A few of those deals date back to the Koch and Dinkins eras, but most were arranged under Mayors Rudy Giuliani and Bloomberg.
Last year, discounted PILOTs amounted to $107 million in lost revenue to the city, with abatements averaging a whopping 60% per company.
It should come as no surprise that some of the city's powerhouse companies landed the juiciest deals. Just 15 companies enjoyed more than two-thirds of the total tax savings in fiscal 2007, the report shows.
Besides Forest City, AIG, Chase and The Times, top beneficiaries include Morgan Stanley, Bear Stearns, NBC, Pfizer, McGraw-Hill and the Hearst Corp. In NBC's case, the company has received three separate PILOT deals over the past 20 years from Koch, Giuliani and Bloomberg.
jgonzalez@nydailynews.com
The companies - including behemoths like JPMorgan Chase, Pfizer and NBC - have paid a fraction of their normal property tax bill for years through these little-known deals, commonly called PILOTs (Payments in Lieu of Taxes).
An internal Bloomberg administration report obtained by the Daily News shows:
The giant American International Group paid nothing in PILOTs for fiscal 2007, saving $4.1 million on its annual property tax bill.
The American Stock Exchange, that symbol of the free market, paid a mere $1,070 in PILOTs - far less than a South Bronx homeowner would pay in taxes. The exchange's tax break from City Hall saved it nearly $1.5 million.
JPMorgan Chase paid just $1.9million in PILOTs, 20% of the $9.6 million in property taxes it normally would be assessed.
Most New Yorkers are aware of the outrageous $10 million property tax exemption Madison Square Garden has enjoyed for decades, courtesy of the state Legislature.
So why haven't we heard much about these other tax giveaways in, say, the liberal New York Times? Maybe because the newspaper of record is feeding at the same trough.
The Times paid $219,000 in PILOTs last year for its new printing plant in College Point, Queens, the report said. That's a paltry 13% of the $1.7 million assessed tax on the Times plant.
The undisputed king of PILOTs is real estate developer Bruce Ratner. His Forest City/Ratner firm paid the city $9.7 million last year for half a dozen commercial buildings the company owns in downtown Brooklyn. That sounds like a lot of money - until you realize it's only one-third of the company's actual $26.3 million property tax bill.
That doesn't even count PILOTs that have yet to kick in for Forest City's Atlantic Yards mega-project.
Forest City spokesman Loren Riegelhaupt defended the company's success at landing PILOT subsidies.
"A lot of those buildings in MetroTech were constructed when downtown Brooklyn was not what it was today," Riegelhaupt said. "Many businesses were fleeing to New Jersey in the 1990s, and we were willing to invest in that area when others wouldn't."
City Hall has routinely doled out these PILOT deals for decades, usually as part of a larger incentive package to get companies to stay in town or expand their business.
Government watchdog groups say the absence of uniform standards makes the whole PILOT program open to abuse, because each company gets to negotiate its own private deal. In addition, companies that fail to meet their original job creation promises rarely get penalized.
Until recently, no one knew exactly how much the tax breaks were costing the city. Then in 2005, after city Controller William Thompson released an audit blasting the city's poor monitoring of PILOTs, the City Council passed a law requiring the mayor's office to supply the Council speaker with a report of all PILOT revenues and expenditures.
The News recently obtained copies of those reports, which are sent quarterly from the city Office of Management and Budget to City Council Speaker Christine Quinn.
They reveal that some 300 companies and nonprofit groups enjoy long-term PILOT deals. A few of those deals date back to the Koch and Dinkins eras, but most were arranged under Mayors Rudy Giuliani and Bloomberg.
Last year, discounted PILOTs amounted to $107 million in lost revenue to the city, with abatements averaging a whopping 60% per company.
It should come as no surprise that some of the city's powerhouse companies landed the juiciest deals. Just 15 companies enjoyed more than two-thirds of the total tax savings in fiscal 2007, the report shows.
Besides Forest City, AIG, Chase and The Times, top beneficiaries include Morgan Stanley, Bear Stearns, NBC, Pfizer, McGraw-Hill and the Hearst Corp. In NBC's case, the company has received three separate PILOT deals over the past 20 years from Koch, Giuliani and Bloomberg.
jgonzalez@nydailynews.com
Saturday, March 15, 2008
Community Wind Energy 2008
April 14-16, 2008
Empire State Plaza Convention Center
Albany, New York
What to expect at Community Wind Energy 2008:
1) See what it takes to put a wind project together.
2) Hear from community wind developers how barriers to the full utilization of the Federal Production Tax Credit are being overcome even by the "little guys".
3) Learn about the opportunities for community wind energy from wind turbine manufacturers, local elected officials, financers and large and small wind developers.
4) Explore community wind development as a tool for taking local action to address climate change while keeping your energy dollars local.
5) Get familiar with the full spectrum of wind turbine manufacturers - from residential wind machines to midsize and large commercial scale machines.
6) Expand your personal wind energy resource network - meet and greet wind energy folks on the exhibit floor from many sectors of the industry.
7) Get an overview of all aspects of community wind development and residential wind installation.
8) Take a tour of a premier community wind project.
9) Hear from policy makers and advocates about policies that work for wind energy development and how to support them.
10) Share your experiences with others who are also working on wind energy projects
Empire State Plaza Convention Center
Albany, New York
What to expect at Community Wind Energy 2008:
1) See what it takes to put a wind project together.
2) Hear from community wind developers how barriers to the full utilization of the Federal Production Tax Credit are being overcome even by the "little guys".
3) Learn about the opportunities for community wind energy from wind turbine manufacturers, local elected officials, financers and large and small wind developers.
4) Explore community wind development as a tool for taking local action to address climate change while keeping your energy dollars local.
5) Get familiar with the full spectrum of wind turbine manufacturers - from residential wind machines to midsize and large commercial scale machines.
6) Expand your personal wind energy resource network - meet and greet wind energy folks on the exhibit floor from many sectors of the industry.
7) Get an overview of all aspects of community wind development and residential wind installation.
8) Take a tour of a premier community wind project.
9) Hear from policy makers and advocates about policies that work for wind energy development and how to support them.
10) Share your experiences with others who are also working on wind energy projects
Thursday, March 13, 2008
Energy Policy TV - Wind Channel
View the Wind Propaganda TV Network
See exactly what is at stake from their own mouth
See exactly what is at stake from their own mouth
Wednesday, March 12, 2008
David Paterson March 12, 2008 Letter by David C. Amsler
March 12, 2008
To: The Honorable David Paterson
Governor of New York
State Capitol
Albany, NY 12247
From: David Amsler
VP Concerned Citizens of Cattaraugus County
417 Bush Hill Rd.
Franklinville, NY 14737
Dear Governor Paterson:
On behalf of myself and as VP of Concerned Citizens of Cattaraugus County ( CCCC ), we welcome you as Governor of our State of New York and wish you all possible success in bridging the divides in our State and its legislature.
Concerned Citizens of Cattaraugus County is an environmental watchdog group in Western New York very much concerned with alternative energy, global warming, and maintaining the natural advantages of living in our beautiful State.
I understand that you have been deeply involved with our State’s alternative energy policies, and ask that you remain so, and help our policies evolve as events and technology evolve.
We are daily confronted with the unintended consequences of corn-to-ethanol programs. Our wind energy subsidy programs pose an even greater threat to this State and our country.
This state runs on energy, and the rising cost of oil, and our bankrupting ourselves to pay for it, must be addressed. Electrical power in this country is derived mostly from U.S. sources, not imported fuels. Wind turbines do not replace imported fuels, but perversely may add to the demand for them. Wind turbines only generate rated power about 25% of the time. The remainder must be supplied by backup sources that must be able to go on line quickly. The most practical of these backup power sources is natural gas fired peaker plants; this country is now importing natural gas.
Wind may be free, but wind turbines are not. The resulting power is more expensive than from conventional sources. Worse, our current subsidy programs hide the expense of building, maintaining, staffing, and keeping ready the necessary backup generating capacity further raising our cost of electrical power.
Raising our cost for electrical power only makes this state and our country less able to compete in the global economy, as you have witnessed in the scramble to reapportion the low cost power from Niagara Falls.
The biggest tragedy of our misguided subsidies is missed opportunity. Transportation and heating are two of our biggest users of imported fuel, not electric power generation. New technologies are rapidly developing that will allow us to convert from imported fuels to U.S.-generated electric power for these uses, provided we do not allow the cost of electric power to be artificially increased. Two examples:
New battery technology for automobiles now allows powering decent sized cars 40+ miles on a charge from an outlet in your garage, at a cost of about 80 cents. This country’s own General Motors Corp. has made a huge commitment to this technology, with the chance to regain world leadership and create real jobs in this country. Internal combustion automobile engines only convert about 20% of the available energy in gasoline to motive power, while electric motors operate near 90% efficiency, and electric vehicles recapture energy when braking.
Heat pumps can pump about five times the amount of heat energy they consume, while conventional combustion furnaces cannot deliver even as much energy as they consume. Using the earth as a constant temperature heat source, sometimes referred to as using geothermal energy, is one means of making this technology practical for our cold climate. Another is the use of the new dual source furnaces that switch to natural gas on those few days when outside temperature makes heat pump operation less practical.
Lost Economic Opportunity: The U.S. with its entrepreneurial culture can develop these and other technologies, lead the world, and create jobs here, provided we do not skew the energy costs to place electric power at a disadvantage to continued use of imported fuels. Developing countries do not follow in lockstep behind developed countries, but leapfrog to best available technologies. To them, best available often means lowest cost. We can lead only if we focus on economic realities as well as environmental ones.
To allow the new technologies to flourish, we need an increased supply of economical, and 24-7 available electrical energy, not just alternative energy. Fortunately, there are alternatives that are both CO2 free and economical.
Nuclear power: May be our best choice in the near term, and it buys us time to develop other options.
Geothermal energy: Thanks to deep hole drilling technology developed for the oil industry, geothermal energy will soon be able to be accessed in most parts of this country. Most do not realize that the U.S. is the world leader in mass producing geothermal power, but until now it has been limited to geyser areas of our west.
Hydroelectric power: New means of harvesting it without dams are being developed.
Solar concentrators: Capture heat from the sun which can be stored, rather than converting sunlight directly to electrical power and thus minimizing need for backup power, are a viable alternative in sunny parts of this country. It is available during peak hours of electrical demand in those same areas further reducing the need for backup power. Solar heating of homes is viable in much of this country, and this state as it inherently includes means to store that energy.
We welcome your help in guiding New York State’s energy policies in a manner that truly will help this State our country and our planet.
David C. Amsler
To: The Honorable David Paterson
Governor of New York
State Capitol
Albany, NY 12247
From: David Amsler
VP Concerned Citizens of Cattaraugus County
417 Bush Hill Rd.
Franklinville, NY 14737
Dear Governor Paterson:
On behalf of myself and as VP of Concerned Citizens of Cattaraugus County ( CCCC ), we welcome you as Governor of our State of New York and wish you all possible success in bridging the divides in our State and its legislature.
Concerned Citizens of Cattaraugus County is an environmental watchdog group in Western New York very much concerned with alternative energy, global warming, and maintaining the natural advantages of living in our beautiful State.
I understand that you have been deeply involved with our State’s alternative energy policies, and ask that you remain so, and help our policies evolve as events and technology evolve.
We are daily confronted with the unintended consequences of corn-to-ethanol programs. Our wind energy subsidy programs pose an even greater threat to this State and our country.
This state runs on energy, and the rising cost of oil, and our bankrupting ourselves to pay for it, must be addressed. Electrical power in this country is derived mostly from U.S. sources, not imported fuels. Wind turbines do not replace imported fuels, but perversely may add to the demand for them. Wind turbines only generate rated power about 25% of the time. The remainder must be supplied by backup sources that must be able to go on line quickly. The most practical of these backup power sources is natural gas fired peaker plants; this country is now importing natural gas.
Wind may be free, but wind turbines are not. The resulting power is more expensive than from conventional sources. Worse, our current subsidy programs hide the expense of building, maintaining, staffing, and keeping ready the necessary backup generating capacity further raising our cost of electrical power.
Raising our cost for electrical power only makes this state and our country less able to compete in the global economy, as you have witnessed in the scramble to reapportion the low cost power from Niagara Falls.
The biggest tragedy of our misguided subsidies is missed opportunity. Transportation and heating are two of our biggest users of imported fuel, not electric power generation. New technologies are rapidly developing that will allow us to convert from imported fuels to U.S.-generated electric power for these uses, provided we do not allow the cost of electric power to be artificially increased. Two examples:
New battery technology for automobiles now allows powering decent sized cars 40+ miles on a charge from an outlet in your garage, at a cost of about 80 cents. This country’s own General Motors Corp. has made a huge commitment to this technology, with the chance to regain world leadership and create real jobs in this country. Internal combustion automobile engines only convert about 20% of the available energy in gasoline to motive power, while electric motors operate near 90% efficiency, and electric vehicles recapture energy when braking.
Heat pumps can pump about five times the amount of heat energy they consume, while conventional combustion furnaces cannot deliver even as much energy as they consume. Using the earth as a constant temperature heat source, sometimes referred to as using geothermal energy, is one means of making this technology practical for our cold climate. Another is the use of the new dual source furnaces that switch to natural gas on those few days when outside temperature makes heat pump operation less practical.
Lost Economic Opportunity: The U.S. with its entrepreneurial culture can develop these and other technologies, lead the world, and create jobs here, provided we do not skew the energy costs to place electric power at a disadvantage to continued use of imported fuels. Developing countries do not follow in lockstep behind developed countries, but leapfrog to best available technologies. To them, best available often means lowest cost. We can lead only if we focus on economic realities as well as environmental ones.
To allow the new technologies to flourish, we need an increased supply of economical, and 24-7 available electrical energy, not just alternative energy. Fortunately, there are alternatives that are both CO2 free and economical.
Nuclear power: May be our best choice in the near term, and it buys us time to develop other options.
Geothermal energy: Thanks to deep hole drilling technology developed for the oil industry, geothermal energy will soon be able to be accessed in most parts of this country. Most do not realize that the U.S. is the world leader in mass producing geothermal power, but until now it has been limited to geyser areas of our west.
Hydroelectric power: New means of harvesting it without dams are being developed.
Solar concentrators: Capture heat from the sun which can be stored, rather than converting sunlight directly to electrical power and thus minimizing need for backup power, are a viable alternative in sunny parts of this country. It is available during peak hours of electrical demand in those same areas further reducing the need for backup power. Solar heating of homes is viable in much of this country, and this state as it inherently includes means to store that energy.
We welcome your help in guiding New York State’s energy policies in a manner that truly will help this State our country and our planet.
David C. Amsler
Energy East Corporation
PORTLAND, Maine, March 12 /PRNewswire-FirstCall/ -- Energy East Corporation (NYSE: EAS - News), Iberdrola S.A. and the staff of the New York State Public Service Commission (NYPSC) today informed the Administrative Law Judge assigned to the joint petition requesting approval by the NYPSC of the acquisition of Energy East by Iberdrola that efforts to reach a negotiated resolution have not been successful. Evidentiary hearings are expected to commence as scheduled on Monday, March 17, 2008.
Fire Guts Huge Windmill
BIRDS LANDING, Calif. -- A large power-generating windmill caught fire early Monday near the Solano County community of Birds Landing, but firefighters were letting the huge structure burn itself out.The blaze, which was reported about 5 a.m., charred the motor and blades.
NY Unplugged?
The promise of lower energy bills laid out in Governor Spitzer’s 2007 energy address seems unlikely to be fulfilled, given the current policy prescriptions being pursued by his administration as well as the state Legislature. Consequently, the New York economy will continue to be hampered by unnecessarily high power costs coupled with an increasingly fragile transmission and delivery system.
The Spitzer administration should refashion the Renewable Portfolio Standard to allow energy companies, not state bureaucrats, to decide how to reach clean energy goals. The current RPS allows NYSERDA to dole out millions of dollars to favored and politically connected businesses of its choosing. A better RPS would set targets for clean energy production and allow utilities latitude to decide what mix of fuels could best meet those targets.
Energy-02-08-2.pdf
The Spitzer administration should refashion the Renewable Portfolio Standard to allow energy companies, not state bureaucrats, to decide how to reach clean energy goals. The current RPS allows NYSERDA to dole out millions of dollars to favored and politically connected businesses of its choosing. A better RPS would set targets for clean energy production and allow utilities latitude to decide what mix of fuels could best meet those targets.
Energy-02-08-2.pdf
Wind Power Finance & Investment Summit 2008
The annual Wind Power Finance & Investment Summit attracts the wind industry's top executives and financiers, and is acknowledged as the best deal-making and networking event of the year. Join the leading wind power project developers, investors, lenders, turbine suppliers, and other key industry players at Wind Power Finance & Investment Summit 2008 as they discuss cutting edge developments in the wind power finance and investment markets, and as well as their plans for 2008 and beyond. This event has sold out 3 years in a row.
Meet%20the%20Wind%20Mafia.doc
Meet%20the%20Wind%20Mafia.doc
Fourth Annual Symposium on Energy in the 21st Century
Fourth Annual Symposium on Energy in the 21st Century
Seeking Solutions through Environmental Partnerships – Government, Business, Environmentalists, Academia
April 11, 2008
Cazenovia College
Don't miss hearing these outstanding speakers. This is a FREE event including lunch. Registration is filling quickly. If you have not registered, do it now. You must register to come. If you have registered, please send this to a friend or colleague.
Speakers
*Pete Grannis, New York State DEC Commissioner
*Kit Kennedy, Special Deputy New York Attorney General for Environment
*Theo Spencer, NRDC Climate Center
*Jim Tripp, Environmental Defense
*Dr. Ashok Gupta, Director, Air and Energy Program, NRDC
*Ed Bogucz, Executive Director, Syracuse Center of Excellence,
*Dr. Richard Perez, Atmospheric Sciences Research Center SUNY-Albany
*Dr. Thomas Amidon, SUNY ESF
*Jodi Smits Anderson, Dormitory Authority
*Congressman Mike Arcuri
*New York State Senator David Valesky
The Annual Symposium has become known throughout New York State as one of, if not the most important energy conference in the state. It attracts more than 300 attendees from all over New York as well as several surrounding states and Washington D.C.
If you have not already signed in, take the time to register now - you must register to come! For registration, information on the full program, and sponsorship opportunities go to: www.cazenovia.edu/energy. See you there! Rhea
Rhea Jezer, Ph.D
Senior Lecturer
Environmental Policy
Seeking Solutions through Environmental Partnerships – Government, Business, Environmentalists, Academia
April 11, 2008
Cazenovia College
Don't miss hearing these outstanding speakers. This is a FREE event including lunch. Registration is filling quickly. If you have not registered, do it now. You must register to come. If you have registered, please send this to a friend or colleague.
Speakers
*Pete Grannis, New York State DEC Commissioner
*Kit Kennedy, Special Deputy New York Attorney General for Environment
*Theo Spencer, NRDC Climate Center
*Jim Tripp, Environmental Defense
*Dr. Ashok Gupta, Director, Air and Energy Program, NRDC
*Ed Bogucz, Executive Director, Syracuse Center of Excellence,
*Dr. Richard Perez, Atmospheric Sciences Research Center SUNY-Albany
*Dr. Thomas Amidon, SUNY ESF
*Jodi Smits Anderson, Dormitory Authority
*Congressman Mike Arcuri
*New York State Senator David Valesky
The Annual Symposium has become known throughout New York State as one of, if not the most important energy conference in the state. It attracts more than 300 attendees from all over New York as well as several surrounding states and Washington D.C.
If you have not already signed in, take the time to register now - you must register to come! For registration, information on the full program, and sponsorship opportunities go to: www.cazenovia.edu/energy. See you there! Rhea
Rhea Jezer, Ph.D
Senior Lecturer
Environmental Policy
New report calls for drastic energy measures
A new report by an affiliate of the Manhattan Institute wants the state to take drastic measures to overhaul its energy policies.
The new report, “NY Unplugged? Building Energy Capacity and Curbing Energy Rates in the Empire State,” calls for a moratorium on increases of the Systems Benefits Charge, a fee in utility bills that funds the New York State Energy Research and Development Authority.
NYSERDA, as it is known, funds energy research and low-income aid programs in the state.
The report was published by the Empire Center for New York State Policy, which is a project of the Manhattan Institute for Policy Research.
The report also calls fo the state to overhaul the Renewable Portfolio Standard, which is a state policy that supports clean-energy generation such as wind farms.
The new report, “NY Unplugged? Building Energy Capacity and Curbing Energy Rates in the Empire State,” calls for a moratorium on increases of the Systems Benefits Charge, a fee in utility bills that funds the New York State Energy Research and Development Authority.
NYSERDA, as it is known, funds energy research and low-income aid programs in the state.
The report was published by the Empire Center for New York State Policy, which is a project of the Manhattan Institute for Policy Research.
The report also calls fo the state to overhaul the Renewable Portfolio Standard, which is a state policy that supports clean-energy generation such as wind farms.
Taxable Utility Value of the Wind Project within the Naples School District
Now under construction within the Town of Cohocton, UPC Project three Clipper C26 2.5 MW industrial turbines valued at $2,000,000 to $2,500,000 each plus additional underground electric connections and commercial utility access roads on the Douglas and Susan Schwingel Pine Hill Road, Cohocton, NY.
Represented by SCIDA that within the Town of Prattsburgh, UPC Project eight GE 1.5 MW industrial turbines valued at $1,500,000 to $2,000,000. Map locations have not been disclosed with specific locations by UPC Prattsburgh.
Ecogen has filed an application for zoning approval last October 1, 2007 for a project in Prattsburgh and Italy with 34 2.3 MW Siemens units valued at $2,000,000 to $2,500,000 to be in Italy along Emerson and Danboy roads. Burke and Wells Road four turbines along Italy Prattsburgh line on the hilltop along Route 54 on the Fanny Hall property.
Based upon the UPC Cohocton Project the taxable value of the three turbines should average $6,750,000 per year. For the twenty year period the total would be $135,000,000.
Based upon the UPC Prattsburgh Project the taxable value of the eight turbines should average $14,000,000 per year. For the twenty year period the total would be $280,000,000.
It may well be that the entire 34 Ecogen turbines are within the Naples School District. If that is the case the taxable value of the 34 turbines should average $76,500,000 per year. For the twenty year period the total would be $1,530,000,000. (Yes that’s over 1.5 BILLION)
After adding the three projects within the Naples School District:
$ 135,000,000 UPC Cohocton
$ 280,000,000 UPC Prattsburgh
$ 1,530,000,000 Ecogen Italy/Prattsburgh
The total amount is: $ 1,945,000,000
Represented by SCIDA that within the Town of Prattsburgh, UPC Project eight GE 1.5 MW industrial turbines valued at $1,500,000 to $2,000,000. Map locations have not been disclosed with specific locations by UPC Prattsburgh.
Ecogen has filed an application for zoning approval last October 1, 2007 for a project in Prattsburgh and Italy with 34 2.3 MW Siemens units valued at $2,000,000 to $2,500,000 to be in Italy along Emerson and Danboy roads. Burke and Wells Road four turbines along Italy Prattsburgh line on the hilltop along Route 54 on the Fanny Hall property.
Based upon the UPC Cohocton Project the taxable value of the three turbines should average $6,750,000 per year. For the twenty year period the total would be $135,000,000.
Based upon the UPC Prattsburgh Project the taxable value of the eight turbines should average $14,000,000 per year. For the twenty year period the total would be $280,000,000.
It may well be that the entire 34 Ecogen turbines are within the Naples School District. If that is the case the taxable value of the 34 turbines should average $76,500,000 per year. For the twenty year period the total would be $1,530,000,000. (Yes that’s over 1.5 BILLION)
After adding the three projects within the Naples School District:
$ 135,000,000 UPC Cohocton
$ 280,000,000 UPC Prattsburgh
$ 1,530,000,000 Ecogen Italy/Prattsburgh
The total amount is: $ 1,945,000,000
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