Tag Archives: Westport property tax

Eversource: Source Of Taxes

The other day, “06880” listed our town’s top 10 taxpayers.

At the top of the list — by a wide margin — was Connecticut Light & Power (now called Eversource).

The utility’s personal property assessment is $140,509,070. That’s nearly double the #2 taxpayer, 60 Nyala Farms Road LLC (the office complex owner near I-95 Exit 18 owns real estate assessed at $83,338,970).

So what exactly does Eversource own?

A longtime Westport resident and retired utility director explains that it all starts with substations.

Eversource substation on South Compo Road between I-95 and the Metro-North tracks, as seen from Narrow Rocks Road.

The Sherwood substation, for example, sits on about 1.5 acres of land, bought in 2004. There’s also a transmission line that runs under state (Route 1) or town roads (Imperial Avenue from the old State Cleaners to the Westport Woman’s Club overflow parking lot, then under the Saugatuck River to the Assumption Church parking lot, under Lincoln Street and back to the Post Road).

So Eversource either had rights to locate within state and town roadways as a public utility, or when splice vaults had to locate off the roadway, they bought easement rights or “ownership” of the eased area on private property (for example, Assumption Church’s parking lot, the parking lot of the former Saab dealership on Post Road West, the parking lot between Balducci’s and Ulta, and Vautrin Auto’s parking lot).

Those easements were bought for an average of $250,000 each from the property owners.

Other substations include the one behind Coffee An’, built in the 1930’s; Compo Road South, between I-95 and the Metro-North train tracks — plus all overhead and underground wires, poles, transformer vaults, etc.

The Main Street substation, behind Coffee An’.

Big ticket items also include the existing double 115 kV overhead transmission lines on either side of the railroad right-of-way, from Fairfield to Norwalk.

Eversource has been taxpayer #1, ever since the transmission underground project went into service around 2008. They’ll be way ahead of Nyala for years to come.

RTM Approves Local Tax Deferment Program

Last night, the RTM approved 1st Selectman Jim Marpe’s tax relief deferment program.

The program — worked out with the help of a number of town officials — acts as an extended grace period on tax payments for Westport taxpayers suffering financial hardship due to COVID-19.

Eligible taxpayers can utilize the program for their April and July tax bills on real estate, personal property, motor vehicles and sewer assessments.

Payments made any time within 3 months from each bill’s due date will not incur interest charges or penalties.

Applications for the deferment program must include one of these hardships:

  • Household has suffered a reduction in income of at least 20 percent due to COVID-19.
  • Business or nonprofit revenue from March, 2020 to June, 2020 is expected to be reduced by at least 30 percent compared to the same time last year.
  • For landlords: Income is significantly reduced.

The tax deferment program does not forgive tax payments. Late penalties will apply retroactively, at 18% annually or 1.5% per month.

Applicants must submit documentation. Deadlines are May 22 for April 1 taxes, and July 1 for July 1 taxes. Click here for the form, and other information.

Because Town Hall is closed to the public, residents with questions should call 203-341-1147 or email TaxRelief@WestportCT.Gov.

NOTE: Banks and mortgage services that hold tax payments in escrow must continue to pay the town when the taxes are due, even if the homeowner participates in a moratorium on mortgage payments.