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The Nevada governor's Office of Energy has approved $66 million in tax incentives for Sempra Energy to build a solar project in Boulder City in Southern Nevada, 20 miles from Las Vegas.

The tax breaks include $46 million in property taxes over 20 years and $20 million in sales and use taxes over three years, according to the Elko Daily Free Press.

The facility will reportedly be capable of powering 80,000 homes — but the power will be sold to the Los Angeles Department of Water and Power and the City of Burbank under a 20-year contract.

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Visduh Feb. 4, 2014 @ 5:05 p.m.

This deal will, of course, allow Sempra to offer a better deal to those LA-area utilities, and keep their rates down. This makes every Sempra shareholder proud. (And a bit richer, I must add.)

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Don Bauder Feb. 4, 2014 @ 6:56 p.m.

Visduh: But should such projects be subsidized? The LA area utilities may keep their rates down, and Sempra shareholders may benefit from the subsidies. But the money comes out of the pockets of Nevada taxpayers. Best, Don Bauder

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Visduh Feb. 4, 2014 @ 7:31 p.m.

I think you missed part of my sarcasm. Sempra isn't going to do anyone any favors. If those utilities got a bargain rate, it was due to their bargaining and timing, not due to altruism of Sempra. Your larger question is the real one. Why should Nevada subsidize this project? It will get some construction jobs out of the thing, and them some ongoing jobs. Are they worth about $100 million? I doubt it. But then remember that the gambling industry in that state has cheated the tax man out of billions over the years, never paying its share, and leaving the state with the cost of all the fallout misery it generates. Nothing new there. Nothing to see here, folks, just move along.

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Don Bauder Feb. 4, 2014 @ 9:14 p.m.

Visduh: Yes, I guess I missed your sarcasm. Bargains in business never come from altruism. There is no such thing in the private sector. This has been true for three decades in the U.S. Best, Don Bauder

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