News
Category:
Property Values or Texas
Browse in :
All
> Topics
> Impact on Economy
> Property Values (77)
All > Location > USA > Texas (417)
All of these categories
All > Location > USA > Texas (417)
All of these categories
Kenedy Co. wind farms start turning; Wind farms still months away from operating at full capacity
January 4, 2009 by Fanny S. Chirinos in Caller-Times
January 4, 2009 by Fanny S. Chirinos in Caller-Times
Turbines at two new wind farms in Kenedy County have begun spinning, but it likely will be several more months before all 200 of them are operating, a spokeswoman for the two companies said. ...Officials with both companies have said they are not sure when all turbines will be operating. However, ERCOT says all of Gulf Winds' turbines are expected to be online by September 2010.
Texas' main electric grid operator is proposing $3 billion in new high-voltage transmission line projects over the next five years, according to a report released Wednesday.
The Electric Reliability Council of Texas' annual report does not include the approximately $5 billion in projects proposed to connect West Texas wind power to parts of the state with the highest demand for electricity.
The VORTAC building is located about eight miles west of Portland. A radio beacon that airplane pilots can use to determine their proximity to Corpus Christi International Airport poses an obstacle to a $300 million wind farm under construction in San Patricio County. ...The federal agency has taken issue with the turbines' collective proximity to and potential impact on the radio navigation signal, housed about eight miles west of Portland, according to a notice of presumed hazard filed by the FAA.
A couple from West Prince has proof from the government their property has dropped in value since wind turbines were put up near their home. ...Beverly Howard told CBC News Monday there are now five new turbines within sight of their home, the closest about 500 metres away.
"If you're sitting out on your deck, they're noisy, if you're out gardening they're noisy," she said.
Young County commissioners formally approved a tax abatement agreement Monday with British Petroleum ...After months of negotiation, the final agreement guarantees between $83,333 and $350,000 a year in lieu of property taxes.
The proposal also guarantees that if the farm is built, Young County will receive a minimum of 50 megawatts. If more turbines are placed in the county, the money paid will rise incrementally.
Also filed under [
Tax Breaks & Subsidies|
Texas]
Despite the protests of environmental advocates who spent months trying to halt the projects, two large-scale wind farms in South Texas are now operational.
Many of the approximately 250 wind turbines that were expected to dot about 20,000 acres of Kenedy Ranch, north of Raymondville, are up and spinning ...Seeing the turbines starting to spin is worrisome, Kittelberger said.
"I think they were built without public input, and built (with developers) knowing they would kill thousands of birds," he said.
Wind farms still face opposition on bird issue
December 12, 2008 by Anton Caputo in San Antonio Express-News
December 12, 2008 by Anton Caputo in San Antonio Express-News
A group that wants to slow the rush of wind turbines to the Texas Coast is asking the Federal Aviation Administration to require environmental studies for Texas wind farms.
The Coastal Habitat Alliance has filed a petition with the FAA asking for the change in policy. This is the latest in a series of attempts the group has made to fight the emergence of wind farms on the coast, which is a major migratory bird route. The alliance worries about the impact thousands of wind turbines could have on the bird population.
A power producer typically gets paid for the power it generates. In Texas, some wind energy generators are paying to have someone take power off their hands.
Because of intense competition, the way wind tax credits work, the location of the wind farms and the fact that the wind often blows at night, wind farms in Texas are generating power they can't sell. To get rid of it, they are paying the state's main grid operator to accept it. $40 a megawatt hour is roughly the going rate.
County commissioners paved the way Monday toward granting a tax abatement to wind power giant Duke Energy. ..."I didn't feel like it's a benefit to the citizens of Ector County," he said.
Simmons said wind turbines deteriorate quickly, and chances are they won't be worth much once a 10-year abatement is up, leaving little to nothing to collect property tax off of. He also said there's no guarantee permanent jobs would be created in Ector County since the majority of the Notrees Windpower Project is located in Winkler County.
Also filed under [
Tax Breaks & Subsidies|
Texas]
A proposed wind farm in northern Young County took a major step toward reality Monday when commissioners voted to approve a tax abatement plan for British Petroleum.
After more than two hours of negotiations between BP and representatives from Young and Archer counties, Young County legal counsel Alan Carmichael announced an agreement had been reached.
Also filed under [
Tax Breaks & Subsidies|
Texas]
Credit crunch, lower natural gas, transmission congestion put brakes on wind power
November 17, 2008 by Jim Fuquay in Star-Telegram
November 17, 2008 by Jim Fuquay in Star-Telegram
When investor Boone Pickens put a hold on a huge wind power project in the Texas Panhandle that he had announced in the spring, he wasn't alone.
A number of wind power developers and researchers say the ongoing credit crisis, together with transmission congestion in West Texas and falling natural gas prices, will slow the state's breakneck expansion of wind capacity. ...But there also is a peculiar wrinkle in wind power's finance that makes the current environment doubly challenging.
"Most wind projects in the U.S. are funded by investors with an appetite for tax benefits," said David Groberg, vice president of Invenergy Wind, a Chicago-based company with 690 megawatts of wind capacity in Texas.
Garland considers ordinance on residential wind energy devices
November 16, 2008 by The Dallas Morning News in Frank Trejo
November 16, 2008 by The Dallas Morning News in Frank Trejo
Garland is the latest North Texas city considering a zoning ordinance aimed at regulating wind energy devices that generate power for residential use. The measure is on Tuesday's council agenda.
Other cities, including Grand Prairie, Waxahachie and Oak Point, already have such ordinances.
Residential wind energy devices are rare in urban areas and may be too expensive or impractical for many homeowners. But city officials say they want to make sure rules are in place for the day when wind energy devices become more commonplace.
Wind farms are blowing land values off course, slashing property tags by up to a third in some areas and lifting others by as much $50,000 per turbine.
A new study shows the presence of wind turbines significantly influence land values - but it's not all bad.
The study co-incides with a new push by the Federal Government to speed up the building opf wind farms across Australia.
Ballarat-based value Alan Hives said there had now been enough sales of property featuring or near wind farms to draw some conclusions of their impact on property values.
Gillespie County Commissioners adopted a resolution opposing the development of transmission line routes other than the approved Public Utility Commission (PUC) plan Monday morning during their regular meeting.
Al Weinzierl, steering committee member for an informal group of Harper citizens opposed to the construction of private transmission lines, presented the resolution to the court.
Landowners in Harper were first contacted in late July by Hilliard Energy, a Midland-based company trying to negotiate 180-foot land easements on behalf of Florida Power and Light (FPL) Energy for a private transmission line separate from the approved PUC line.
The major problem with wind as a power source is that it doesn't blow all the time. To remedy that, Texas is spending $30 million a year to bolster its back-up power, in a change to the electricity grid that began on Nov. 1. ...
Turbines making a big difference to land values in Gippsland
November 12, 2008 by Marius Cuming in Stock Journal
November 12, 2008 by Marius Cuming in Stock Journal
John Jess has been valuing properties in Gippsland, Vic, since 1982 and says wind turbines are having a significant impact on values for both farmland and residential property.
Having conducted valuations for a panel hearing on proposed wind farms, Mr Jess said farming properties appear to drop 10-15 pc near turbines.
There is stronger evidence to suggest rural-residential values drop by 30-40pc near win turbines.
A former Public Utility Commission chairman discussed the growth of wind power in Texas during an annual meeting of Save Our Scenic Hill Country Environment held yesterday in Fredericksburg. ...The local group, which held their annual meeting yesterday at the Central Texas Electrical Co-op building, opposes construction of wind turbines and private transmission lines in the Hill Country.
T. Boone Pickens puts Texas wind farm project on hold
November 12, 2008 by Associated Press in Dallas Morning News
November 12, 2008 by Associated Press in Dallas Morning News
Falling energy prices have forced billionaire oilman and investor T. Boone Pickens to trim spending on his renewable energy campaign and put his West Texas wind farm project on hold.
When Pickens launched his plan this summer to boost the use of wind and natural gas to ease American dependence on foreign oil, gasoline prices were at a record $4.11 a gallon and oil prices were at $147 a barrel.
Petitions asking local citizens to oppose private power line construction are being collected this week by volunteers in six Hill Country counties.
"We're going to try to collect as many signatures as we can by Nov. 15; then we will hand deliver the petitions to the powers that be in Austin," Suzy Stewart who has helped organize the petition drive, said.
Ms. Stewart is working with a Harper-based steering committee that held a public meeting Thursday to organize opposition to possible power line construction by Florida Power and Light Energy.
Section of falling tower causes death; Wind farm work stops as officials investigate event
November 11, 2008 by Fanny S. Chirinos in Caller Times
November 11, 2008 by Fanny S. Chirinos in Caller Times
A falling section of a lattice tower used for wind measurements caused the death of a contract worker on Sunday at a Kenedy County wind farm, his employer said Tuesday. Matthew Peterson, a 25-year-old test technician, died while working at Babcock and Brown Ltd.'s Gulf Winds project ...The Kenedy County Sheriff's Office was called to the wind farm at about 6 p.m. on Sunday. Peterson, employed out of GEC's Seattle office, was working with another man when the injury occurred, Richardsen said. The other man was not injured, he added.