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Knox County Grows with Solar

The construction of the RATTS II Solar Project in Knox County is not funded by taxpayers, but by private companies making investments in solar energy.  The county will benefit from $15 million in additional property tax revenue, $2.5 million in economic development payments, and more.

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Millions of dollars in benefits from less than 1% of county farmland

The Ratts II Solar project delivers big investment and economic growth to the county:

  • $128 million investment

  • $1.0 + million per year in local landowner lease payments

  • $2.5 million in economic development payments

  • More than $15 million of additional property tax payments to Knox County.  Money that can be used: 

    • To invest in schools

    • Upgrade infrastructure

    • Provide broadband internet

    • Support first responders

    • And much more

Because of payments made from solar and other renewable energy projects, some rural communities are able to provide highspeed internet access in places where there is none today.  This high speed access is vital as schools and businesses increasingly rely heavily on remote learning and work from home.

Rural economic development experts from across the state support new solar projects.

 

They create local jobs, make investments directly into our rural communities and help protect our agricultural heritage and preserve farmland.

Farmer Bill Schroeder on the benefits a renewable energy project brought to his community.

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