Library filed under Impact on Economy from Wisconsin
"Wausaukee only recently learned that the primary customer served by the Cuba City facility was closing one of its facilities and would no longer be ordering component parts from Cuba City," Trueman wrote. He also cited federal tax law changes and decreased investment in the wind energy industry.
Wisconsin Power & Light got a slap on the wrist from state regulators for not making it clear that there will be problems getting electricity out to consumers from a major wind farm the Madison utility company is building in Minnesota. Last April, WPL requested a $35.4 million rate boost for 2011, primarily to help pay for the Bent Tree wind farm near Albert Lea, Minn.
Higley said concerns about the wind farm underscore the significance of the lawsuit that his group and the Wisconsin Industrial Energy Group filed last year after the commission approved the wind farm. The commission didn't use its most exhaustive review process for the project because it was located outside Wisconsin, but Higley and Todd Stuart of WIEG said it's possible the transmission challenges would have become apparent earlier if the more detailed review process had been used.
The state Public Service Commission will meet Tuesday to decide whether to authorize a price increase for customers of Wisconsin Power & Light Co. The Madison utility, which serves portions of eastern Wisconsin, is seeking to raise electricity prices by $98.9 million, or 10.8%, and to raise local natural gas charges by $8 million. ...In addition to recouping the utility for lost sales, prices would rise because of a proposed wind farm in Minnesota, higher pension costs and transmission line costs.
Land values have fallen on properties near wind turbines built as part of the largest wind power projects in the state, a study funded by wind-power critics says. The study found property values have fallen by at least 19% for sales of land near the We Energies wind farm in Fond du Lac County, and at least 12% for sales of land near Invenergy LLC's Forward Wind project in Fond du Lac and Dodge counties, a report by Appraisal Group One says.
Cistercian nuns are moving from Prairie du Sac, but a site for a new monastery in the Town of Ridgeville is no longer one of several considered by the religious community. According to Sister Roberta Boyer ...the Ridgeville site, land owned by Ryszard Borys, was taken off the table because of the wind farm situation in the township.
It's a slow process, but for people looking for a green job in the plummeting economy, the jobs are out there. But there's just not too many of them -- not yet, anyway. While electrical workers are thrilled at the prospect of having jobs related to those wind turbines, fewer people are needed to run 100 wind mills -- roughly 20, compared to the hundreds who might be needed to run a coal-fired plant, like the one recently denied by the Wisconsin Public Service commission late last year.
While Randolph's chairman is optimistic about a 145-megawatt wind farm development, he's bothered by how much money - or rather how little - the town will get in the deal. ...Under the Wisconsin Department of Revenue's shared revenue utility payment guidelines, $2,000 per megawatt of power generated is split between the county and town. The county gets two-thirds, while the town gets one-third. For a 145-megawatt project, that would provide roughly $96,667 per year to be split between the towns of Randolph and Scott, which also would house some We Energies' turbines, while the county would take in about $193,332.
WPSC joins several other utilities that have already sought rate hikes to recover costs for anticipated increases in fuel prices. They include Wisconsin Power and Light, We Energies, WI Gas and Northern States Power. The greatest increase is being sought by We Energies, which is asking for electric rate hikes of about 7.5 percent for 2008 and 7.5 percent for 2009. The company says the money is needed to help pay for its investments in the Blue Sky Green Field wind project in eastern Wisconsin, significant air quality control equipment at the company's existing power plants, new electric generating units at Port Washington and Oak Creek, and construction of transmission upgrades and additions by the American Transmission Co.
Going green may mean that Northern States Power Co. customers will be seeing their electric bills jump by 14.2 percent starting in January 2008. In addition to an increase in electrical rates the company also wants to increase natural gas rates by 4 to 5 percent.
Western Wisconsin may never be a wind energy mecca like southwest Minnesota, northwest Iowa or the Dakotas. But that doesn't mean windmills won't someday dot our skyline. Wind developers - some local, some not - are exploring several projects in the region. So far, there are no done deals, but some developers hope to be building as soon as 2008. In addition to replacing carbon-generated electricity with cleaner, renewable energy, there's money to be made from wind energy for utilities, governments and local land owners.
Wisconsin ranks eighth in the nation in terms of potential job gains that could be linked to an expansion of renewable energy, a report released Tuesday says. The report surveyed sectors of the economy that could be tapped for expansion as development of renewable energy - whether wind, solar, geothermal or biomass - expands.
In my opinion as a realtor and architect, the true asset in Monroe County is to develop a recreational industry. With its location close to Madison, Milwaukee, Chicago, Wisconsin Dells, and the Mississippi River, and with the beautiful bluffs, ridges, and picturesque valleys inhabited by Amish settlements, this area has the potential to attract weekend tourists and vacationers, bringing business and employment to thousands of county residents and enterprises. This potential will be lost by the construction of wind turbines, which will pollute the landscape with towers and power lines.
Q. Even considering all of those factors or weaknesses, what is your conclusion regarding the impact on residential property values from the proposed project? A. Under certain circumstances as described in my report, the negative impact may be similar. Also, in significant view loss situations, as described in my report, I would conclude that, within a reasonable degree of professional certainty, land values may be negatively impacted 17% - 20%. Editor's Note: Mr. Zarem argues that the appropriate methodology for estimating the 'view' impact of industrial wind turbines on property values is 'paired data analysis'- defined in the The Dictionary of Real Estate Appraisal as: “A quantitative technique used to identify and measure adjustments to the sale prices or rents of comparable properties; to apply this technique, sales or rental data on nearly identical properties are analyzed to isolate a single characteristic’s effect on value or rent.” In the absence of relevant view/turbine data, he derived an alternative paired data analysis for determining view impacts on property values due to wind turbines from Transmission Line view impacts on the prices of single-family residential lots in subdivisions...as...sufficient paired data isolating the effects of view loss due to Transmission Lines exist in the marketplace to reach reasonable conclusions as to market tendencies. This data isolates impacts due to view loss associated with Transmission Lines.