New poll says 75 per cent of Albertans want more renewable projects in their communities

A new analysis by the Business Renewables Centre-Canada (BRC-Canada) has revealed that the amount of municipal tax revenue coming in from renewable energy has almost tripled since 2017.

2026 Calgary Winter Olympics, Alberta
Photo by SmartCanadian99 via Wikimedia Commons.

A new analysis by the Business Renewables Centre-Canada (BRC-Canada) has revealed that renewable energy is affecting many municipalities in southern Alberta in the form of municipal tax revenues coming in from wind and solar projects in their communities.

According to the analysis, since the amount was first estimated back in 2017, the amount of municipal tax revenue coming in from renewable energy has almost tripled to $28 million.

The analysis noted that BRC-Canada got hold of the 2022 tax assessment value of each project and the county/municipal district mill rate to be able to calculate the exact amount received by each municipality.

Image source: BRC-Canada

The analysis noted that some municipalities with more projects are seeing a substantial proportion of their tax revenues coming from wind and solar projects. This includes the County of Forty Mile (50 per cent), the M.D. of Pincher Creek (31 per cent), the M.D. of Willow Creek (29 per cent), the County of Paintearth (16 per cent) and Vulcan County (15 per cent).

“Given these numbers, it’s unsurprising that a new Pembina Institute poll showed 75 per cent of Albertans — including 66 per cent of Albertans living outside of Edmonton and Calgary — would like to see more renewable energy projects where they live,” said Jorden Dye, director of BRC-Canada.

“Aside from the fact that these projects are producing non-polluting, emissions-free energy, they also help plump up community coffers. This ultimately means those communities have the freedom to lower taxes, tackle badly-needed projects or provide additional services.”

Dye also noted that projections show additional prosperity is on the horizon for these communities.

“Based on the 2022 calculations and the projects currently in the Alberta Electric System Operator connection queue, these municipalities can expect that amount to grow by six to nine times — that’s an additional $170 million to $250 million — in just a few years.”

The analysis revealed that as of September 30, 2023, 2.85 gigawatts (GW) of renewable energy has been purchased through corporate power purchase agreements. This enables a total of 3.61 GW of project capacity and equates to 10,532 gigawatt-hours per year of energy provided. This has led to the creation of 5,900 jobs, $5.5 billion in capital investment, and production of enough energy to power 1.5 million homes.  

 

 

 

 

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