Because Henderson wouldn’t receive any tax benefits from the wind project, its impact would be largely negative — especially for the value of waterfront properties. The analysis of property values in Henderson was based on a review of the impacts of the Wolfe Island Wind Farm on properties in Jefferson County, ...Based on the sale of 26 properties in Jefferson County with a view of the turbines on Wolfe Island, the analysis found that the value of the properties depreciated by about 15 percent after the wind farm became operational in 2009.

Impact on Economy Property Values New York

Ratepayers are expected to pay an above-market price of $440 million for Deepwater’s energy over the next two decades, according to a 2015 filing with the state Public Utilities Commission. Critics say total tab will be more than $500 million, due to added costs, like laying the cable linking Block Island to the mainland. This cost sparked the filing of a federal lawsuit last year that attempts to undo the contract between the utility company National Grid and Deepwater Wind.

Impact on Economy Offshore Wind Rhode Island

The vast building and subsidizing of renewable energy facilities throughout Vermont will not affect climate change. ...By following these policies we will not pass on to the next generation a Vermont that is one iota cooler or more stable than it otherwise would be. It will be, however, uglier, less accessible, more expensive, and harder to find a job. Talk about a call to burn down the village in order to save it!

Impact on Economy Energy Policy Vermont

Eric Gleason, president of NextEra Energy Hawaii LLC, said at a Waikiki business luncheon this week that getting the state off its dependence on oil would cost $30 billion over the next three decades. ...divided among Hawaiian Electric's 455,000 ratepayers on Oahu, Maui and Hawaii island, each customer would pay an additional $183 per month for 30 years.

Impact on Economy Energy Policy Hawaii

Here's why his leadership on this issue is so critical. The EPA's new rules mandate that New Jersey cut carbon emissions 26 percent by 2030. The only way to achieve such dramatic reductions over such a relatively short period of time is to shutter many of our traditional power sources that provide affordable and dependable energy.

Impact on Economy Energy Policy USA New Jersey

Here's why his leadership on this issue is so critical. The EPA's new rules mandate that New Jersey cut carbon emissions 26 percent by 2030. The only way to achieve such dramatic reductions over such a relatively short period of time is to shutter many of our traditional power sources that provide affordable and dependable energy.

Impact on Economy Energy Policy New Jersey USA

Maybe, just maybe, some Mainers are becoming less inclined to fall in line and accept the state’s excessively generous standards for wind development. The Fort Fairfield Town Council recently approved a wind ordinance requiring turbine siting of one mile from property lines of non-participating property owners, rather than acceding to the state model — written by the wind industry — requiring setback of only 150 percent of the height of the turbine.

Impact on Economy Energy Policy Maine

A new study from Utah State University found that, as of 2013, Michigan’s renewable energy mandate, enacted in 2008, has cost families and businesses here a bundle: $15.1 billion overall, or $3,830 per family, compared to what we would have experienced without the mandate.

Impact on Economy Energy Policy Michigan

In the wee hours of the morning on Sunday, the mighty state of Texas was asleep. The honky-tonks in Austin were shuttered, the air-conditioned office towers of Houston were powered down, and the wind whistled through the dogwood trees and live oaks on the gracious lawns of Preston Hollow. Out in the desolate flats of West Texas, the same wind was turning hundreds of wind turbines, producing tons of electricity at a time when comparatively little supply was needed.

Impact on Economy USA Texas

In the wee hours of the morning on Sunday, the mighty state of Texas was asleep. The honky-tonks in Austin were shuttered, the air-conditioned office towers of Houston were powered down, and the wind whistled through the dogwood trees and live oaks on the gracious lawns of Preston Hollow. Out in the desolate flats of West Texas, the same wind was turning hundreds of wind turbines, producing tons of electricity at a time when comparatively little supply was needed.

Impact on Economy Texas USA

RIMA’s objection to the Deepwater Wind project is the pricing mechanism that is in place and how that was established. The overall cost for electricity generated by Deepwater Wind is about four to five times that of natural gas and other renewable sources ...The excess, above-market cost to ratepayers will be about $497 million over 20 years (not including investment tax credits, the cost for the oversize cable, and other direct projects costs).

Impact on Economy Rhode Island

Had the wind industry focused on home-based wind mills that let you generate free power for your house, then kick over to the paid power grid when the wind stopped, consumers might have seen some benefit. Instead wind companies pushed for “farms” where the big money could be “farmed” from power companies, who in turn “farm” the added cost from your wallet. Wind power is an inflationary fairy tale that no one is willing to tell.

Impact on People Impact on Economy Kansas

“Our decision not to initiate an enforcement action means that Mr. Riggs may himself bring an enforcement action against the Rhode Island Commission in the appropriate court,” commissioners wrote.

Impact on Economy USA Rhode Island

“Our decision not to initiate an enforcement action means that Mr. Riggs may himself bring an enforcement action against the Rhode Island Commission in the appropriate court,” commissioners wrote.

Impact on Economy Rhode Island USA

Matthew Beaton, the new state energy secretary, ...says he wouldn’t make that investment today. “I don’t know if, given the uncertainty of Cape Wind at that time, and the overall question marks of offshore wind development, is a $100-plus million investment the appropriate use of those funds? Could we have used those monies in a more well-suited manner?”

Impact on Economy Offshore Wind Massachusetts

On the plus side, the $130 million investment means the PUD satisfies state renewable energy requirements through 2027 under current law. But there’s the tiny matter of wind farms running a $1 million-per-month loss, with no profits projected anytime soon, thanks to a depressed market for the power. It’s like owning a rental home in an area with too many rentals and not enough renters and having to lease for a price that doesn’t cover your costs.

Impact on Economy Washington

CU has an agreement with Smoky Hills Wind Project to purchase wind energy, but Smoky Hills says a series of “curtailments” caused CU to buy less energy and for Smoky Hills to receive less value in tax benefits.

Impact on Economy Taxes & Subsidies Kansas

A new wind power analysis has found it would cost Nebraska utilities as much as $4 billion to upgrade the state’s electricity transmission system to support the export of wind-generated power to other states.

Impact on Economy Transmission Nebraska

While experts continue to tout wind energy as a diversification target for many West Michigan manufacturers, companies that supply the industry say they’ve faced a period of stagnant demand, especially now that a key federal incentive no longer exists. ...Part of the boom and bust felt by Michigan’s wind energy manufacturers can also be attributed to the state’s inability to attract an original equipment manufacturer like GE Corp. or Vestas Wind Systems to locate a production facility here, 

Impact on Economy Taxes & Subsidies Michigan

But the city-owned utility, Austin Energy, has balked at the council’s proposal and said it would be too expensive for ratepayers. And since then, a debate has ensued over how to be politically progressive and economically practical at the same time. ...“It’s good to have aspirations except if the aspirations are so far afield that they are simply going to be ignored.”

Impact on Economy Energy Policy Texas