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County holds public hearing on 200 MW solar agreement; payments tied to actual output, developer pledges $200,000 to local center
Summary
Sumter County held a public hearing on Ordinance 241014 during second reading for a proposed 200 MW solar project; county staff said payments in the premium-tax agreement are tied to actual generation and the developer pledged $200,000 to a nearby community center.
Sumter County held a public hearing on Jan. 14 during second reading of Ordinance 241014, a premium-tax agreement related to a proposed solar energy project. County staff summarized the agreement’s assumptions and the developer representatives answered questions from the council and members of the public.
County staff told the council the agreement included an assumption that the project would generate 200 megawatts alternating current and noted a calculation in Exhibit D that used $4,500 per megawatt of final output as an illustrative figure — an assumption staff said would equate to roughly $900,000 annually under that output assumption.…
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