Estimated read time: Less than a minute
LOGAN, Utah (AP) -- A new report says a wind power project in Park City could provide a windfall for the area's economy.
The study released by Utah State University and the U.S. Department of Energy says that a 50-megawatt wind power plant could generate around $150,000 in lease payments to Summit County landowners and more than $800,000 in local property taxes.
Of those taxes, researchers said, more than $631,000 would go to the South Summit School District.
One of the researchers, Edwin Stafford, a Utah State marketing professor, says that over 20 years, a modest-sized wind project could pump millions of dollars into the local school district.
The analysis looked at wind farms capable of producing between 25 megawatts and 130.
Information from: The Herald Journal
(Copyright 2009 by The Associated Press. All Rights Reserved.)