A Positive Impact
for Halifax County, Virginia
Alton Post Office Solar will pay approximately $4.57 million dollars in tax revenues over its lifetime. These dollars could be used for county improvements such as investment in area schools, decommissioning of old coal power plants, and other community services–all while providing clean, locally sourced solar energy to Virginia.
Estimated Tax Revenues*
Halifax County:
- Real Estate Property Tax Revenue: $1.39 million dollars
- Machinery & Tools Tax Revenue: $2.06 million dollars
- Additional Tax Revenue: $1.11 million dollars
*Estimated tax revenues are based on a 35-year project life.
Long-Term Economic Lift
Alton Post Office Solar will generate power for 35 years and that means long-term benefit for the surrounding region.
- Annual Machinery & Tools Tax payments to the county for the life of the project.
- Increase in assessed real estate tax revenues
- No county infrastructure or public services required for solar development.
- Local and regional construction jobs.
Environmental Impact
- Annually powers 11,100 homes while offsetting 63,200 metric tons of CO2.*
- No daily traffic from operations.
- Use is long-term, but temporary, and land can be reclaimed for timberland.
- Existing natural buffers will remain in place.
*Source: Emissions reductions based on EIA state level data for fossil fuel generation replacement. Project emissions are included for entire life cycle based on NREL Harmonization studies as well as foregone forest sequestration per EPA equivalency analysis.
