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Sempra to get fat subsidy from Nevada
To rake in $66 million for solar-energy product
The Nevada governor's Office of Energy has approved $66 million in tax incentives for Sempra Energy to build a solar project in Boulder City in Southern Nevada, 20 miles from Las Vegas.
The tax breaks include $46 million in property taxes over 20 years and $20 million in sales and use taxes over three years, according to the Elko Daily Free Press.
The facility will reportedly be capable of powering 80,000 homes — but the power will be sold to the Los Angeles Department of Water and Power and the City of Burbank under a 20-year contract.
Here's something you might be interested in.
Sempra to get fat subsidy from Nevada
To rake in $66 million for solar-energy product
Sempra to get fat subsidy from Nevada
To rake in $66 million for solar-energy product
The Nevada governor's Office of Energy has approved $66 million in tax incentives for Sempra Energy to build a solar project in Boulder City in Southern Nevada, 20 miles from Las Vegas.
The tax breaks include $46 million in property taxes over 20 years and $20 million in sales and use taxes over three years, according to the Elko Daily Free Press.
The facility will reportedly be capable of powering 80,000 homes — but the power will be sold to the Los Angeles Department of Water and Power and the City of Burbank under a 20-year contract.
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