Renewable Energy Delivers
Local Benefits
Schools. Roads. First Responders.
A single 50-megawatt renewable energy project like a solar energy farm - can generate more than $1 million in property tax revenue per year. That's new money for schools, road improvements and other essential services.
Schools
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Speedway Solar will make a $1.6 million economic development payment to Shelby County once the project is built, that includes a $600,000 for Shelby Eastern Schools.
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Between 2008 and 2018, taxes on Benton County wind farms have allowed the county to give $3 million to schools.
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In Howard County, the proposed Emerald Green Solar Project, projects $30 million dollars in tax revenue for Howard County over the life of the project with $19.8 million going to the Eastern Howard School Corporation.
Roads, first responders and more
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Between 2008 and 2018, taxes on Benton County wind farms have allowed the county to give more money to medical services and $35 million for new roads.
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Randolph County is embarking on project to bring equal access to broadband throughout the county thanks to $4 million from wind farm payments.
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In August 2020, EDP Renewables committed $300,000 to support local community projects in White county, which will go to support volunteer fire departments, community parks, downtown beautification, and more

Revenue to Farmers
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Renewable projects provide direct cash support to farmers, providing a steady, reliable income for decades.
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Landowners leasing their land for turbines will receive more than $2.5 million per year at the Jordan Creek Wind Project.
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Through 2018, EDP wind farms have paid over $59.1 million in lease payments to Hoosier landowners.
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Statewide, Hoosier family farms receive between $5 and $10 million annually in lease payments.
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