Town finalizing decommissioning agreement with Wedge Solar
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Description
The Town of Veteran discussed the Wedge solar project’s tax status and noted that no PILOT agreement was executed. The Town is finalizing a Decommissioning Agreement with Wedge and is seeking confirmation of the project’s in-service date to determine applicability of a potential 15-year tax exemption under Real Property Tax Law 487.
Contract Details
Vendor
WEDGE
Agency
Town of Veteran, NY
Contract Type
OTHER
Document Date
March 12, 2026
Contract Term
15-year exemption period under RPTL 487, if applicable
Renewal Info
Decommissioning Agreement terms under negotiation; tax exemption period depends on in-service date relative to Town’s RPTL 487 opt-out law.
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