As we complete another circle around our sun, it’s my habit to reflect on our past year. I’ve always believed that it’s good to reflect on what happened over the last year and what might shape the future. I also like to move into the new year by taking one last look back at what I consider the top “news” story of Huletts Landing from the past year.
I have been posting and writing here on the Huletts Current since November 2007. I have done this annually since then and I usually get feedback one way or another.
So here it is for 2023. While it may have happened on the other side of the mountain, I am naming the actual installation of the Champlain Hudson Power Express cable down Route 22, through our beautiful Town of Dresden, as the Top News Story of Huletts for 2023. My rationale is below.
Seen here in June 2023, the cable bringing power from Canada to New York city was actually installed along state Route 22 in Dresden during 2023.
The project has been in the works for many years, but during 2023 the actual cable was installed along state Route 22 here in Dresden. It will carry electricity that will be generated almost exclusively in hydroelectric plants in Canada down to the New York city metropolitan area. It will not carry gas, oil or other hazardous materials. It will carry a lot of power though. The CHPE is expected to be fully operational in the spring of 2026, delivering 1,250 MW of renewable power directly into the New York Metro area. This $6B project ensures that generations of New Yorkers will benefit. Wide support exists from communities up and down the line, as well as labor and environmental groups. The buried line also ensures reliable power delivery in extreme weather.
It will have an an enormous future impact on Huletts in that it will bring revenue to Dresden, the Whitehall school district and Washington county for many years. The developers of the project estimate that it will bring $1.4 billion in tax revenue to communities throughout New York State over 30 years. The payments to local jurisdictions are expected to start in 2025 in the form of payment-in-lieu-of-taxes agreements. The early estimates are that the Whitehall Central school district will receive combined payments of $750,000 for the first year, growing to about $2 million in the 30th and final year. The Town of Dresden is estimated to receive $3.27 million in total PILOT funds over 30 years. Our locally elected office holders will decide how these funds will be appropriated. Every voter should ask; “how is this money going to benefit us?”
There will be much more on this in the years to come, making the installation of the Champlain Hudson Power Express cable down Route 22, through our beautiful Town of Dresden, as the Top News Story of Huletts for 2023. Happy New Year!