In an effort to convince hostile communities of its apparent benefits, the huge power line proposed for our region says it will pay some $37.2 million in property taxes.
New York Regional Interconnect recently sent a letter to counties, municipalities and school districts along its 190-mile route outlining the estimated millions in taxes and lower electric rates its says the 10-story-tall power lines would bring.
The eight counties that would be sliced by NYRI all oppose the power line.
But while NYRI touts property tax benefits, opponents have said the line would actually lower land values. NYRI has also asked the federal government for reimbursement for construction costs, which would be passed to ratepayers.