The Daily Item, Sunbury, PA

News

July 24, 2013

KOEZ designation sought for Sunbury Generation land

— SELINSGROVE — Sunbury Generation officials are requesting a Keystone Opportunity Expansion Zone designation on their 216-acre site to stimulate economic development and attract new industry to Snyder County.

President Dave Meehan on Wednesday said as the 64-year-old company moves from a coal-fired power plant to burning natural gas, it will require much less land, which could be offered to new businesses to locate there along the Susquehanna River where rail access is also available.

A KOEZ designation, which authorizes tax exemptions, deductions and credits for property taxes during a certain period of time, would be a “powerful tool” in bringing new businesses to the proposed industrial park site, Meehan said.

“We’re hoping our new gas site would be the anchor,” he said.

Sunbury Generation is reaching out to its four taxing entities, Snyder County, the Selinsgrove Area School District, Monroe Township and Shamokin Dam, to explain its request as it applies for a 10-year KOEZ designation from the Pennsylvania Department of Community and Economic Development.

The company is asking that the designation be granted between Jan. 1, 2014, and Dec. 31, 2023.

Meehan said Sunbury Generation still is in the development stages of closing five of its six coal-fired generators and replacing them with two natural gas-fired turbines.

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