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Is the increased electric bill offset by reductions in taxes? The answer looks like "probably". https://www.loudoun.gov/6188/Data-Centers-in-Loudoun-County htt
by satiated_grue 1y ago
Is the increased electric bill offset by reductions in taxes? The answer looks like "probably".
https://www.loudoun.gov/6188/Data-Centers-in-Loudoun-County https://www.loudoun.gov/6188/Data-Centers-in-Loudoun-County
"Loudoun County is home to one of the largest concentrations of data centers in the world through which much of the world's internet traffic passes every day. The industry has helped to diversify Loudoun County's economy, which has included bringing new jobs and revenue streams to the county over the past 14 years that have helped to keep real property tax rates relatively low."
- mh8h 1y agoIn the same county, maybe. But electricity is a tradable commodity. The electricity price goes up for the neighbouring counties without the tax benefits.