Business Journal: Sac County Offers Utility Incentive
Sacramento County could help heavy power users expand operations or move to the unincorporated area.
Tuesday, January 1, 2008
Sacramento County hopes to attract more companies, especially manufacturers, by offering utility-tax rebates for heavy electricity users. The board of supervisors approved a measure that offers a rebate to companies with annual electric bills of at least $75,000 and plan to make capital improvements to their operations, or businesses that want to open or relocate and use that much power. So far, no companies have signed a contract for the rebate, but at least two solar-panel manufacturers are considering the offer. The county has a 2.5 percent utility tax, one-third the 7.5 percent rate in the city of Sacramento. But many other counties and cities in the state – including El Dorado, Placer and Yolo counties and the city of Folsom -- do not charge a utility tax.