Library from Tennessee

Impact of Views on Property Values

Impact_of_views_on_property_values_thumb The Tennessee Valley Authority proposes to construct and operate a wind farm in Tennessee. TVA also proposes to construct and operate a Regenesys™ Energy Storage facility near the selected wind farm site. The wind farm would demonstrate a technology for generating electric power with minimal environmental pollution to be marketed through TVA’s Green Power Switch® program and would consist of 13 to 16 wind turbines. The Regenesys facility would demonstrate an effective technology for storing the energy generated by the wind farm and releasing it at times of high energy demand. This final environmental assessment examines the potential effects of building on Buffalo Mountain in Anderson County (Alternative 1), building on Stone Mountain in Johnson County (Alternative 2), or not building a 20 MW wind farm and associated energy storage facility (Alternative 3). Appendix F: The Impact of Views on Property Values "Widely varying opinions have been expressed about the potential impact of windfarms on the value of nearby property. For example, the proposed (now cancelled) Addison Wind Farm in Wisconsin became controversial, in part, over allegations about property values. Opponents argued that property values would depreciate significantly if the wind farm were built (Don Behm, 2001). On the other hand, RENEWWisconsin quoted several persons representing the real estate industry in other places in Wisconsin and Iowa where wind projects had been built, saying that such projects had no impact on property values (RENEWWisconsin, 2000)....
1 Apr 2002

http://www.windaction.org/posts?location=Tennessee&p=4
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