For over a decade, Cricket Valley Energy Center (CVEC) has been a consistent and meaningful supporter of the Dover community by providing jobs, local project funding, and community support. Providing cleaner power and economic, social, and community benefits to Dover is the CVEC team’s priority.
Below are some important statistics on the CVEC facility’s local economic impact:
During the construction of the facility:
- Over 1,100 workers were employed
- Over $80 million in annual salaries were provided
During operations:
- 25 permanent jobs are provided
- Locally sourced materials and services are regularly procured
- Over $3.4 million in labor income is provided to Dutchess County
- Regional economic activity increases by ~$21.8 million
Additionally, the CVEC facility’s contribution to local tax revenue ensures that essential public services, such as education, infrastructure, and emergency services, are well-funded. Starting at $3.3 million and increasing to $7.9 million annually, the facility’s tax payments provide a reliable financial foundation for the town, county, and state. CVEC’s 30-year Payment in lieu of taxes (PILOT) Agreement will continue to contribute an estimated total of $157 million, enabling meaningful community planning and investment that will benefit residents for decades to come.