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U.S. Department of Energy
Office of Scientific and Technical Information

Vermont state revenues and expenditures generated by a 50-MW wood-fired power plant

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OSTI ID:5766301
Estimates have been made of the amount of revenue that the state of Vermont would collect annually either directly or indirectly from the construction and operation of a $59 million, 50-megawatt wood-fired power plant (WFPP). Sources of income will be income and sales taxes (General Fund revenues) and truck registration fees (Highway Fund revenues). Calculations show that the state could collect over $800,000 in additional revenue during each year of construction of the WFPP and over $1,250,000 during each year of operation. Preliminary estimates indicate that increased state expenditures caused by such a plant will be minimal during construction and under $125,000 per year during operation. The increased revenue is more than adequate to cover these additional expenditures, and thus the state would realize a net increase in income as a result of the plant's presence.
OSTI ID:
5766301
Report Number(s):
DSD-109
Country of Publication:
United States
Language:
English