Competitive Power Ventures (CPV) Fairview Energy Center is a 1,050-megawatt natural gas and ethane-fueled two-by-one combined-cycle electric generating plant 60 miles east of Pittsburgh (Cambria County) that came online in December 2019 (see CPV Marcellus-Fired Power Plant in Cambria “Ahead of Schedule”). It is the only plant of its kind, using both natural gas and ethane, in the world. Unfortunately, the local taxing authorities got a little too zealous in collecting and spending tax revenue from the plant. The county used a company to perform a tax assessment that was found to be factually wrong, using an incorrect methodology for the appraisal, resulting in CPV paying WAY too much in tax — $5.7 million too much. CPV is showing grace to the local school district in stretching out repayment of the $3.7 million it owes back to the company.
