Huge solar panel manufacturing plant coming to California
The photo-voltaic panel plant will generated $26 million in taxes according to a report in the Sacramento Bee. The deal, lasting 25 years, rebates the company 50% of its electricity user tax and 80% of future property tax increases.
Related News
Idaho Power Settlement Could Close Coal Plant, Raise Rates
IDAHO - State regulators have set a May 25 deadline for public comment on a proposed settlement related to the early closure of a coal-fired plant co-owned by Idaho Power.
The settlement calls for shuttering Unit 1 of the North Valmy Power Plant in Nevada in 2019, with Unit 2 closing in 2025. The units had been slated for closure in 2031 and 2035, respectively.
If approved by the Idaho Public Utilities Commission, the settlement would increase base rates by approximately $13.3 million, or 1.17 percent, in order to allow the company to recover its investment in the plant on an accelerated basis.
That equates to an additional $1.20 on the monthly…
