Marvin Setty Richard G Waldron Grand Marshals selected for West Union Fourth of July Parade Adams County, Maysville Vet team up to save injured dog Michael S Knauff Victor P Price Success builds from the bottom up Finalists named for 2017 Fair Queen Contest William Glenn DeWine, Reader Call For Tips in Rhoden Murder Investigation MHS principal to take superintendent post Peebles Skate Park now a reality 2017-18 Fur and Feather Ambassadors named Caley Grooms is Cattlemen’s Beef Ambassador Dr. Mueller leaving Health Department’s free clinic Hourglass Quilt Barn returning to Adams County Lung, Thornburg are First Team All-District selections North Adams hosts annual Boys Basketball Camps Walk-off winner Wanda Hill George D Johnson Life can be a juggling act My favorite thing to do on the farm Wolves in Adams County! Ronald L Wedmore Three lessons from Dad Donald D Morgan Wenstrup uninjured in Virginia shooting Portman staff to hold grant funding workshop Raymond E Applegate Keeping the Peebles tradition alive Back on the hardwood, local hoops squads compete in Monday Night League Seven county athletes recognized as All-SHAC Baseball honorees Stepping to the podium Lady Hounds host Youth Volleyball Camp Senior Profile: Bryan Young Junior Deputy Boot Camps kick off in Manchester Hayes pleads “not guilty” to 109 counts Six-year-old girl finds long-lost class ring Jefferson Alumni awards annual scholarships Paul Tate Jr Marcus I Cox Jewell Gill James M Hill Jr Jeffrey S Jones Samuel A Disher Jack Sterling BREAKING NEWS: Parents face charges after son overdoses on opiate License Hikes and Tall Turkey Tales Danger under every rock Reigning Miss Ohio USA will judge 2017 Adams County Fair Queen Pageant Gordley’s hoops career will continue at Mount St. Joseph Russell C Newman Kenneth C Thurman George Uebel Summer Reading Program underway Honor Flight carries local veteran to DC When rescuers become victims Passing the torch, West Union hosts week-long basketball camp for future Dragons SENIOR PROFILE: Sara Knechtly Terry L Powell Willie Shreffler James C Fitzpatrick Senior Profile: Austin Parks Six countians named to All-SHAC Softball squad Lady Indians get summer camp season underway Memorial Day services pay tribute to local veterans WUHS Steel Band will perform at Bogart’s SSCC announces Honors Lists for spring semester Peebles Elementary releases Honor Roll for final nine weeks West Union Elementary announces Honor Roll for fourth nine weeks Back to State! Mom calls daughter “living proof” seat belts save lives Rent-2-Own donation means new soccer scoreboard at WUHS NAHS student selected for Engineering Summer Camp Southern Hills Athletic Conferences honors Spring Sports athletes Senior Profile: Kailyn Boyd Madison Welch receives Riffle Scholarship Junior Achievement Volunteers visit county’s seventh graders Marcella J Abbott James Ratliff Gladys Davitz Harry G Shupert Memories on Memorial Day A soldier’s story, a family’s grief Thank You for your sacrifice Seaman community honors local veterans with special tribute Former PES teacher dies in tragic accident All County Senior Citizens Day celebrated Parks signs with SSCC Soccer Senior Profile: Lexie Bunn Jessie Rodgers Memorial Day services set for county Truly our greatest generation Bertha Lashley Maia Swartz Jessie Rodgers Errors spell the end of Devils’ baseball season Senior Profile: Carry Hayslip Lady Hounds’ season ends with tourney loss to Paint Valley

Duke Energy exits Killen and Stuart Plants

The Killen Station in Wrightsville is one of the power plants being affected by the devaluation of property and the sale of interest by Duke Energy.
The Killen Station in Wrightsville is one of the power plants being affected by the devaluation of property and the sale of interest by Duke Energy.

By Patricia Beech –

Brother, can you spare a few million dollars?
That could be the question Adams Countians will be asking themselves in the coming months and years as the area’s power-plant tax base is slowly eroding by time and progress.
Duke Energy has sold its interest in the Killen and Stuart power plants to the Dynergy Corporation at a loss of $56 million, and that loss is casting a long shadow across Adams County.
“The plants’ 40-year-old equipment is just not worth what it once was,” says Adams County Auditor David Gifford.
While the devaluation of the property is an acceptable loss for the energy giant as it abandons its once lucrative relationship with a coal-powered generation, Duke’s exit leaves Adams County scrambling to replace a tax base that has supported its schools and many of its social programs such as the Wilson Children’s Home and Developmental Disabilities services.
County schools stand to lose $1.4 million, and sources report that Manchester Local School District is already planning its cuts. However, because state law requires the county to provide public education for its students, much of that loss will be supplemented by public school foundation money which will look to fill the gaps and make sure students don’t fall behind as society demands better educated and technically skilled workers.
According to Gifford, the townships most affected by the cuts will be Sprigg and Monroe in the southern portion of Adams County, but the pinch won’t stop there.
“The loss for the county will be around $200,000 which will effect all the tax levy revenues,” says Gifford, “The Health Department services levy and the Senior Citizens services levy will both be less than expected because of the re-evaluation of the power-plant property, and we have no way of replacing that money.”
In an age when fossil-fueled power plants are becoming as fossilized as the coal that powers them, communities like Adams County are facing a bleak and uncertain future.
“The part that worries me is that Duke, AEP, and DP & L all shared the same equipment, and the devaluation of the equipment that resulted in Duke’s appraisal being lowered so sharply will probably hold true for the other companies,” said Gifford. “Even if they don’t sell, they’re going to ask us to lower the taxes they pay, and the Department of Taxation is probably going to agree with them, and that will be a huge loss for the county.”
Gifford says there were early warning signs that the coal-powered plants had a short life expectancy.
“Back in the 1970’s when I was Deputy Auditor, the companies were quick to tell us that we had dollar signs in our eyes thinking about the money we were going to have in the years to come,” he says. “They said then that the equipment would only last about 40 years because it wears out.
Four decades ago it may not have been unrealistic to imagine that worn-out equipment would be replaced, but it certainly would have been a stretch to imagine that coal-powered plants would go the way of the dinosaur.”

One comment:

  1. Sad. When I was employed by CG&E, and CG&E was building Stuart Station, I was the one who sent out the work orders to build Stuart Station. They were called CCD orders and CG&E Materials Management Dept. had the controlling interest. I had many conversations with Jim Stuart from Dayton, he was a very nice man and a great representative from DP&L. My son Marty and daughter Samantha were employed at Stuart for several years. I saw what the money did for Adams County. It’s a sad day in Adams County when this happens. I do wish that another business would settle down by the river to help out with the taxing situation. But of course, we all knew this was coming.

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