Join Us to Discuss Impacts of Proposed HDL Rate Hikes

In an effort to bring more projects like the ones below to our Valley, we will be participating in a community forum to discuss economic development opportunities related to emerging technologies. The event is sponsored by the Chelan County PUD and is scheduled for February 3 from 5:30-7:30 at the Confluence Technology Center in Wenatchee. 

The forum will explore economic development opportunities, including job and industry growth potential, of emerging technology industries such as data server farms, blockchain technology, and bitcoin, within the region that require high-density ("HDL") power loads. The conversation is an opportunity to discuss and explore all sides of the pending high-density load rate decision being considered by the Chelan County PUD Commissioners. Notes from a previous meeting are posted for the public in this PDF from the PUD.

Among the impacts in question are the amount and income levels of jobs created, tax and energy ramifications for the region, the fairness of the targeted rate increases, and impacts to existing businesses and their growth plans. In neighboring areas, similar industries have generated significant tax improvements—Quincy is funding new schools with tax revenues generated from data centers.

Curious about the background of this topic? Listen to / read this short interview with Malachi and NPR's Tom Banse.

The forum is free and open to the public, and we look forward to seeing you there!

 
 

Read the full press release