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Recent posts by Lucas Nelsen

Petersburg sees the potential in wind energy

New opportunities for growth can be difficult to find in a rural community. Bringing in economic development is key to the vitality of small towns, allowing local economies to thrive, and creating jobs in rural areas. Luckily, in Nebraska, we can take advantage of a growing industry that delivers a wide variety of benefits to communities around the state.

Minnesota wind energy tax revenue

Wind farm development brings numerous economic benefits to the counties and local communities where the farms are located.

Among the perks are direct payments to landowners who host turbines and employment opportunities in the area during the construction and operation of a project. In some cases, operators may also provide payments to neighbors who are near development but do not host turbines, and some wind farms are developed by associations that distribute payments to members.

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Wind energy yields tax revenue

Wind energy projects in North Dakota have generated millions of dollars in tax revenue for rural communities over the last several years. In 2015, the projects generated $1,126,934 in electric generation tax revenue, and, in 2016, they generated $7.7 million dollars in property tax revenue. This new revenue was used to fund schools, roads, and other essential services like fire and emergency medical services.

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