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Subsidy Tracker Individual Entry

Company: American Electric Power
Parent Company: American Electric Power
Subsidy Source: state
Location: Michigan
City: Lake
County: Berrien
Project Description: Facility to control or dispose of air pollutants
Year: 2015
Major Industry of Parent: utilities and power generation
Specific Industry of Parent: utilities
Subsidy Value: undisclosed
Program Name: Air Pollution Control Exemption
Awarding Agency: State Tax Commission
Type of Subsidy: property tax abatement
Capital Investment: $46,233,462
Value of Exempted Property: $23,116,731
Source of Data: (click here)
Notes: Program provides a 100% property and sales tax exemption for investments in air pollution control equipment. Eligible facilities must be certified by the Michigan Dept. of Environment, Great Lakes, and Energy. Subsidy value not disclosed. Investment is the cost of the exempted property.
Source Notes: If an online information source is not working, check the Tracker inventory page for an updated link.