Property Taxes
Property taxes will not be a windfall for the town Groton or any other NH towns.
The 22k per windmill is only applied to the municipal budget portion of your their taxes. Here's the math for Groton.
Groton, NH Actual Savings
2010 tax rate (before turbines) $12.98/per 1000
On a 100k evaluation you pay $1,298
2012 tax rate (post turbines) $11.23/per 1000
On a 100k evaluation you pay $1,123
Tax savings $175
After the turbines are completed the state assesses then and charges the town more so it can collect on the value.
Now deduct your property value loss
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