New Proposed Power Plant Means Millions For Oxford

It’s becoming clearer why Oxford First Selectman George R. Temple supports the proposed power plant on the Oxford/Middlebury line.

According to August Board of Selectmen meeting minutes, CPV would become Oxford’s number 1 taxpayer and would generate $3 million annually in taxes for the town. Additionally, once the company breaks ground Oxford would receive $6.5 million, Temple said according to meeting minutes.

He said he’s use that money to reduce residents property taxes, meeting minutes state.

It’s clear Middlebury residents and officials oppose CPV’s proposal to construct a power plant on the Oxford/Middlebury town line. More than 500 signatures have petitioned against the project.

Technically, the plant would be in Oxford, and while some residents there also oppose the facility, Temple has told the Waterbury Republican-American that he supports the project.

Temple has said the facility is environmentally friendly and a safe project, the Republican-American reports.

Earlier this month Competitive Power Ventures hosted an open house to inform residents on its CPV Towantic Energy Center project that is proposed on a 26-acre industrial zoned site in Oxford.

CPV hopes to break ground next year on an 805-megawatt combined-cycle electric generating facility, the Waterbury Republican-American reports.

The proposed project would generate five hundred new construction jobs, 25 full-time jobs, $53 million in property taxes, and enough power to power 750,000 Connecticut homes.