Do wind turbine projects pay property taxes?
Property tax regulations vary by state. Since the capital equipment cost of wind farms is significant, wind farms usually make substantial property tax payments, often in rural areas without an existing significant tax base, and provide much needed tax revenue for schools, villages, towns, counties and states. In some states, renewable energy is exempt from property taxes. However, projects in these states can usually enter into an agreement to make regular payments to the local community, often through a “Payment in Lieu of Taxes” (PILOT) program, or otherwise directly negotiated with the local government authority.
