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View Diary: The most anti-solar reporter in the mainstream media? (75 comments)

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  •  Are there property taxes on power plants? (0+ / 0-)

    We'll wait while you research this.

    I wonder if my property taxes are going up because I put PVs on my roof.  It does make my house worth more.

    •  There are property taxes on power plants (0+ / 0-)

      however there are cases where these are waived or reduced.  There is no national policy on this, as this is a state and local issue.  There should be no special exemption for profit making entities.  

      The most important way to protect the environment is not to have more than one child.

      by nextstep on Sun Nov 25, 2012 at 01:40:48 PM PST

      [ Parent ]

      •  Utilities are a special case (0+ / 0-)

        They are highly regulated in exchange for shooting for a profit level.  That is probably why their property taxes have their own set of credits and the like, as they do offer a vital service.

    •  The referenced article (0+ / 0-)

      said that the solar plants receive a huge renewable energy tax credit that apparently negates almost all of their property tax.

      •  How could that be? (0+ / 0-)

        Property taxes are administered by the county. Energy credits are usually Federal.  The company budgeting for taxes might net to zero, but the taxing agencies aren't the same entities.

        I own a share of a company that put solar panels up.  I got a substantial energy credit on my federal taxes that year, but not my California state taxes.

        •  From the first referenced article (0+ / 0-)

          BrightSource Energy, developer of the proposed $2.7-billion Hidden Hills solar power plant 230 miles northeast of Los Angeles, promised a bounty of jobs and a windfall in tax receipts. In a county that issued just six building permits in 2011, Inyo officials first estimated that property taxes from the facility would boost the general fund 17%.

          But upon closer inspection, the picture didn't seem so rosy.

          An economic consultant hired by the county found that property tax revenue would be a fraction of the customary amount because portions of the plant qualifiy for a solar tax exclusion.

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