Brownfield Tax Incentive Program
The Brownfield Tax Incentive Program encourages the re-development of brownfield sites. Eligible developments could include solar or wind farms.
Developments can receive a 5-year exemption of 50% of the municipal property taxes that result from increased assessed property value. The value increase is due to the construction of a new facility on the property.
Offered by Climate and environment
Amount
5-year exemption of 50% of the municipal property taxes that result from increased assessed property value
Quick eligibility check
Who can apply
Eligible sites must at minimum meet the following criteria:
yes
The site
is recognized as a brownfield property.
yes
Capacity
must be at least 5 megawatts.
yes
The
proposed plant has a Power Plant Approval from the Alberta Utilities
Commission (AUC).
yes
The
renewable fuel source must be solar or wind energy. Other proposed fuel sources
require Climate & Environment team approval.
yes | Please review additional criteria in the Bylaw.
What is a brownfield site?
- Brownfield sites are former commercial or industrial sites – such as landfills. The sites are contaminated, vacant or underused, and suitable for development. There are restrictions on how the land can be used. Some sites require ongoing management of contaminated material.
About the funding
Developments can receive a 5-year exemption of 50% of the municipal property taxes that result from increased assessed property value. The value increase is due to the construction of a new facility on the property.
