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Old Posted Mar 23, 2021, 8:46 PM
deja vu's Avatar
deja vu deja vu is offline
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Join Date: Dec 2008
Location: The Zoo, Michigan
Posts: 3,815
Holland -

I thought I'd post this on here, since Grand Haven has similar plans to what Holland did with its Energy Park that opened in 2017. The benefits of other small-to-medium-sized cities in West Michigan (and beyond) doing this are obvious, based on the precedent Holland has set. Basically, the $160 million of debt required to build this $240 million generation plant will be paid off within 6 years of its opening, and with customer electric utility rates being reduced 6% in 2018 and another 10% reduction planned for this year. Millions more in revenue have been returned to the city's budget than what was estimated -

Quote:
Investment in Holland Energy Park paying off for city, residents
Shandra Martinez | The Lakeshore West Michigan
March 21, 2021







Source: The Lakeshore West Michigan | Courtesy Photos
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