Rural Texas Energy Voices

CleanTechnica

Solar Power Plant Brings $100M in New Tax Revenue to Swisher County

Sheep and herding dogs at a Texas solar project
Sheep and herding dogs at a Texas solar project

The 600-megawatt Hornet solar power plant added more than $5 million in new tax revenue to Swisher County during its first year in operation, towards a total of $100 million to be fulfilled over the next 40 years.

The developer, Vesper Energy, broke down the first-year revenue numbers:

-Over $2.6M to the Tulia Independent School District

-Over $1.3M through the Swisher County Tax Assessor

-Over $600,000 to Swisher County through a Payment in Lieu of Taxes (PILOT) agreement

-Over $300,000 to the Swisher County Memorial Hospital District

Vesper Energy has also contributed over $31,000 to local nonprofits, community programs, and first responders. One highlight of the giving program was a $4,000 donation to the Tulia Volunteer Fire Department.

This is a summary prepared by Rural Texas Energy Voices. Original reporting by CleanTechnica.

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