Forget lower subsidies, the wind industry has a much bigger problem brewing
The Valuation Office Agency (VOA) - which sets property valuations for the purposes of council tax - appears to have accepted that having wind turbines near your house can (and does) reduce the value of houses.
Until now, all suggestions that this is the case have been firmly rejected by the industry.
July 26, 2012
by Merryn Somerset Webb
in Money Week
On the face of it, this has been a pretty good week for the wind industry. After a worrying month or so, in which George Osborne seemed to be listening to his party's MPs, they appear to have got away with a mere 10% reduction in the large subsidies they get paid to produce (and sometimes not to produce) wind energy.
But if I were in the business, a piece of news that has received rather less attention might be making me feel just a tiny bit tense. The Valuation Office Agency (VOA) - which sets property valuations for the... [continue via Web link]