Wilkes-Barre Moxie Freedom NatGas Plant Taxes $752K per Year

As of September, the 1,000-megawatt Moxie Freedom Marcellus-fired power plant located near Wilkes-Barre, PA (Luzerne County) is up and running and feeding electricity it produces into the local power grid (see Moxie Freedom Marcellus-Fired Plant Near Wilkes-Barre Online). That means it's now time to pay the piper--meaning it's time to begin paying property taxes. How does a county value such a facility--the first of its kind in the county? They hire a private firm to do it, at a cost of $50,000! (Yikes, we're in the wrong business.) The valuation is now done, and the private firm reckons Moxie Freedom is worth $42.2 million. Which means the facility will pay $752,000 per year in property taxes to various governmental entities.

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