Taxpayers Funded 80% of Wind Ad Valorem in 2017
OK WindPower® claims the industry paid $74,127,429 in 2017 Ad Valorem taxes in 23 Oklahoma counties to support local schools.
The truth is Oklahoma taxpayers actually paid more than 80% of those taxes.
The State Constitution requires Oklahoma’s general fund reimburse local public services, such as counties, school districts and fire departments, for lost revenue from ad valorem exemptions.
- Wind projects built prior to 2017 receive Ad Valorem exemptions for the first 5 years. Seventy-two percent of the wind generation capacity in Oklahoma is still exempt from paying taxes.
- Taxpayers paid more than $60 million of the $74 million claimed by OK WindPower®.
- Many counties with the largest number of wind turbines did not receive tax money directly from Wind. Instead, Oklahoma taxpayers paid it.
- These funds could have paid for a $1,500 pay raise for every teacher in Oklahoma.