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Ireland · Question · written

PQ 282

282. Deputy John McGuinness asked the Minister for Public Expenditure and Reform if he will confirm that the revaluation method for commercial rates for wind farms as applied in County Limerick, namely, revenue and expenditure, is different from the method used for the commercial rates for generating stations using fossil fuels, contractor's method; that this change arose only after the submission of representations by some of the wind farm owners in County Limerick causing an approximate 50% increase in some of their valuations in order that the result has been a net annual value per megawatt for Hunstown Station in Finglas of approximately €28,000 per megawatt, while wind farms in County Limerick face a NAV/MW of €80,000 on average and some over €90,000; and if he will confirm that the Valuations Office was fully aware from meetings with the Commission for Energy Regulation that this would cause rates increases exceeding the total profitability of the wind farms. [26179/15]

askedIreland· Dáil Éireann· EN

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30 June 2015

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written

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30 June 2015

Summary

282. Deputy John McGuinness asked the Minister for Public Expenditure and Reform if he will confirm that the revaluation method for commercial rates for wind farms as applied in County Limerick, namely, revenue and expenditure, is different from the method used for the commercial rates for generating stations using fossil fuels, contractor's method; that this change arose only after the submission of representations by some of the wind farm owners in County Limerick causing an approximate 50% increase in some of their valuations in order that the result has been a net annual value per megawatt for Hunstown Station in Finglas of approximately €28,000 per megawatt, while wind farms in County Limerick face a NAV/MW of €80,000 on average and some over €90,000; and if he will confirm that the Valuations Office was fully aware from meetings with the Commission for Energy Regulation that this would cause rates increases exceeding the total profitability of the wind farms. [26179/15]

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Commercial Rates Calculations

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