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HARRISON TOWNSHIP A proposed 108-megawatt solar field on 512 acres of Harrison Township farmland could provide a financial windfall for property tax recipients, especially Southwest Licking Schools.
Union Ridge Solar, a subsidiary of Leeward Renewable Energy, announced plans to construct the solar field near the AEP Kirk substation on Watkins Road, on property north of Refugee Road, west of York Road, south of Blacks Road and on both sides of Watkins Road.
The company would pay a flat fee of least $753,000 annually for 30 years, or $22.6 million, if the project receives the required state and local approvals for the Qualified Energy Tax Exemption Program. The minimum payment would be in lieu of taxes, based on a state law assessing $7,000 per megawatt for such solar and wind fields. The amount could be increased up to $9,000 per megawatt, or $969,300 annually.