Feb. 8—A multimillion-dollar solar farm in northwest Dayton that could power more than 13,000 homes in Montgomery County is expected to be operational by 2026.
The Montgomery County Commission on Tuesday approved a payment in lieu of taxes agreement for the Gem City Solar project, a more than 250-acre solar array that will produce 49.9 megawatts.
Ian Edwards, project development manager at TED Renewables and lead developer of the Gem City solar project, said the county’s approval is “an exciting milestone” for the solar farm.
“We look forward to a wonderful partnership with the City of Dayton and Montgomery County in the years to come,” he said Tuesday.
The Dayton project site is located in the area of Little Richmond Road, north of the intersection of Hoover Avenue and Olive Road.
The entire property is expected to have approximately 116,000 panels. The electricity produced by the solar panel will be fed into an existing transmission line that runs through the site.
The project will improve the resiliency of Dayton’s electricity supply with “clean, affordable and reliable electricity,” according to TED Renewables.
TED Renewables executives hope to begin construction on the solar project next year, with the farm becoming operational sometime in 2026.
Projects larger than 20 megawatts require approval from their local board of county commissioners, according to the Ohio Department of Development. Projects 50 megawatts and larger must also seek approval from the Ohio Power Siting Board; Gem City Solar does not require approval from this state board.
The tax abatement will allow the solar company to make payments to the county in lieu of utility and property taxes for 35 years.
These annual payments will include $7,000 per megawatt generated per year, as well as an annual service payment of $2,000 per megawatt.
This is expected to generate more than $7 million for the Trotwood-Madison school district and $3.5 million for Montgomery…