Wednesday, October 24, 2012

Paying more for electric, property devaluation, tax revenue loss

Gina Karasek submitted this letter to the editor for the Clinton County News:

Currently there is a proposal to put a wind farm in Clinton County. 27 landowners have leased their land to receive monthly payments of thousands of dollars over 20 years. The rest of the county will suffer huge economic loss. 

Here are some facts. The wind company will use our federal tax dollars as subsidies to build the wind farm. The local electric companies are forced to purchase the wind company electric which costs more than twice what it takes for the electric company to produce electric itself!

We do not get 'free' electric from having this ugly wind farm in our community or for them using our tax dollars. Instead we get to pay more than double what we already pay for our electric!

The wind company walks away with ALL the profit, while our property values fall approximately 40% from being within 5 miles of a wind farm (because unless you're getting paid to have these things, NO ONE wants to live near them!). 

Therefore, the county will suffer tax revenue losses from property devaluation.  Gratiot and 4 other counties are now mounting legal action due to financial devastation from their wind farms.

Gina Karasek