Articles filed under Property Values from California
The other major reason valuations have dropped, he said, is that some projects are not producing energy at the level they were expected to. "After they are operating for a few years you can see whether they are producing better or worse than expected." But, on the whole, production is less than predicted.
Industrial-scale energy projects on Bureau of Land Management lands are pushed through by energy companies touting jobs and economic booms to communities. Not mentioned is the potential loss of tourism revenues if people stop coming to recreational areas that are visually blighted.
The current study, released in July of 2011 by the Economic Financial Studies School of Business at Clarkson University, cites losses of up to 40 percent on properties located within 0.10 miles of new wind turbine facilities. This has prompted him to revise his loss figure upward to a maximum of 40 percent and expected adverse impacts out to three miles, with effects becoming less extreme with distance.
A standing-room-only crowd got an earful on the property and health impacts of industrial wind turbines last Wednesday, when experts flew in from Illinois and Canada to speak at an informational meeting held at the Boulevard Fire Station.
Both McCann and Krogh said that a number of turbine neighbors had walked away from their homes, because they could not live with the impacts and no one would buy their homes. Others must find someplace away from the turbines to sleep and many have had to send their children to live with relatives to clear up various illnesses.
Boulevard residents are upset about a proposed electric substation despite promises by San Diego Gas & Electric Co. officials that it will provide more reliable electricity for the backcountry. A 58-acre substation to be built near Jacumba would take electricity from wind projects in East County and northern Baja California and put it onto the Southwest Powerlink, a power-transmission line that runs along the U.S.-Mexico border.
Residents of Whitewater, North Palm Springs and Desert Hot Springs are planning a protest march against the proposed windmills this coming Sunday evening at 6 p.m. at the corner of Thomas Avenue and Indian Avenue in North Palm Springs. "The locals who have everything to lose will be there," said Chuck Wolf, resident of the affected areas where Dillon Wind plans to construct windmills almost 400 feet tall. "And now they must march to protect the life savings they've shed sweat and tears to."
She told me the windmills are 15 minutes out of Palm Springs and not visible from the city. When I asked her if there were any homes in the area, she answered, "Oh, no," in a tone suggesting that my question was quite ridiculous.