[Prepared by Elise Bittner-Mackin for presentation to the Bureau County, Illinois, Zoning Board of Appeals regarding the 54.5-MW 33-turbine Crescent Ridge wind facility proposed for Indiantown and Milo by Stefan Noe (Illinois Wind Energy)]
A tale of two realities: "The wind energy myth"
What hasn't received national attention is the stunning taxpayer subsidized profits the developer is expecting to reap from the project. A study by the Massachusetts based Beacon Hill Institute found that the proposed $1 billion dollars in subsidies from the project would contribute to a nearly 25% return on equity by investors - more than twice the average historical for return for all corporations. Add taxpayers to that list of groups opposed to the project.
This is worth looking through. Wind power is currently supplying 1.26% of the energy demand in the US. At the end there is a list of wind farms by state that lists out turbine types and sizes.
Daniel S. Schleck, Attorney at Law. Learn more about your rights, land values, and liabilities. Read what he had to say about signing any contracts between landowners and wind developers. Click on the link to his website to access additional information.