Subsidy Tracker Individual Entry
hydrogen production facility
All data taken from: Mark Scheer, "The mother of all subsidy deals," Investigative Post, March 17, 2021; https://www.investigativepost.org/2021/03/17/the-mother-of-all-subsidy-d...
The plant will locate in Science and Technology Advanced Manufacturing Park in the Town of Alabama, NY. The Investigative Post reported that the subsidy package included: $140 million over 10 years in discounted market rate electricity; $7.9 million over 10 years in discounted hydropower; $118 million over 20 years in property tax abatements; $1.1 million over 20 years in sales tax abatements; $2 million in state Excelsior tax credits; a $1.5 million grant from the Power Authority. The package also included infrastructure improvements whose value has not been disclosed. Subsidy per job for the project is estimated at $4 million. Overlaps with main Subsidy Tracker data: none