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Developer seeks 69% county tax abatement for proposed 1,000‑MW Utah County solar and storage project
Summary
A Boise‑based developer presented plans for Faraday and Goshen Valley projects totaling roughly 1,050 MW of solar and 500 MW of battery storage, estimated at about $2 billion in capital, and asked Utah County for a 69% tax abatement on county property taxes for the first 15 years to make utility power‑purchase agreements feasible.
A representative for Cloumera told the Utah County Board of County Commissioners that the company's Faraday and Goshen Valley projects would add about 1,050 megawatts of solar and roughly 500 megawatts of battery storage and require about $2 billion in capital investment.
The presenter said the company models the long‑term tax contribution at roughly $240 million over a 35‑year lifecycle but asked the county to grant a 69% tax abatement on the county portion of property taxes for the first 15 years to make the project financially viable. "That 69% abatement is absolutely crucial to move forward," the Cloumera representative said,…
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