A 50-megawatt wind power project in Summit County could generate more than $31 million in economic output to the state during its construction, according to a new study.
The study, released this week by Utah State University and the U.S. Department of Energy, concluded the project could support 51 on-site construction jobs with a total payroll of almost $3 million.
During its first year of operation, a 50-megawatt wind power plant could generate about $150,000 in land lease payments to Summit County landowners. It could also generate more than $800,000 in local property taxes for Summit County, of which more than $631,000 would support the South Summit School District, the study concluded.
The study examines the economic impacts of several scenarios of wind-project installations, ranging in size from 25 megawatts to 130 megawatts, for the Porcupine Ridge area of Summit County.
The report is available at www.windpoweringamerica.gov/pdfs/economic_development/2009/ut_summit_county.pdf.
- Chinatown Supermarket opens in South Salt Lake
- 9 startup companies perfect for your family
- Lawsuit accuses state of illegally pursuing...
- U.S. economy grows at scorching 4 percent in...
- BYU grad strikes gold teaching via online...
- The wrath of Comic-Con: S.L. convention...
- Dave Ramsey says: Don't touch that 529 plan
- Things are looking up in the economy, but not...
- Dave Ramsey says: Don't leave an estate... 13
- U.S. economy grows at scorching 4... 12
- San Diego Comic-Con tells Salt Lake... 12
- BYU grad strikes gold teaching via... 12
- Sarah Palin launches online... 10
- Dave Ramsey says: Don't touch that 529... 8
- The wrath of Comic-Con: S.L. convention... 8
- Utah Transit Authority eyeing electric... 4