Exelon Nuclear Appeals Assessment on Byron Plant

By: AP
By: AP

BYRON, Ill. (AP) -- Officials with Exelon Nuclear are asking Ogle County to cut their tax assessment on its nuclear plant in northern Illinois.

Sauk Valley Media reports Wednesday that Ogle County says the Byron generating station is valued at $509 million. But Exelon says the plant is worth $253 million. The appeal would affect 2013 taxes that are to be paid next year. Byron is about 15 miles southwest of Rockford.

Ogle County assessment supervisor Jim Harrison says he set the nuclear plant's value based on assessments of other nuclear plants. He says he also considered that the plant will likely receive a license extension.

A local board will hear the appeal next month. Exelon also appealed last year's assessment. That appeal is pending before the Illinois Property Tax Appeal Board.

Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus
23 WIFR 2523 North Meridian Road Rockford, IL. 61101 Business: 815-987-5300 Fax: 815-965-0981 News: 815-987-5330 Fax: 815-987-5333
Copyright © 2002-2016 - Designed by Gray Digital Media - Powered by Clickability 235453341 - wifr.com/a?a=235453341
Gray Television, Inc.