BigWind doesn’t need a Christmas present!!

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This takes very little of your time to send a message to Congress. Please do not miss this opportunity to give them a piece of your mind…

Congress is once again working on a tax extenders plan that includes a multi-year extension of the wind Production Tax Credit (PTC).

This tax credit, which expired last year, is a massive handout to large corporations to build and operate industrial wind facilities.

But you can help stop it by contacting your Republican leadership today!

The subsidy is so large that a two-year extension alone could transfer $10 billion over the next decade from taxpayers to the companies who get the credit.

And many of the largest PTC recipients are foreign-owned energy conglomerates that have grown accustomed to handouts.

With subsidies drying up abroad, they’re turning to U.S. taxpayers to keep the spigot open.

Should Congress move forward with this deal, it will come as an early Christmas present to large, multinational corporations like GE at the expense of taxpayers everywhere.

This is why we must act now to stop Congress from extending this costly taxpayer-funded subsidy for the wind industry.

And you can take action right now by sending an email to your Republican leadership today! (click the link below)

Together, we will make it clear to our elected officials in Congress that they either stand on principle, and with the American people, or with industrial wind lobbyists and President Obama.

Thank you for your support!

Sincerely,

Tom Pyle
President of the American Energy Alliance

Source: Stand Against Corporate Welfare

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Everpower has their hands full with Ohio lawsuits

In Champaign County, the Urbana Daily Citizen reports that the County and Township governments did not file requests for rehearing of the OPSB’s decision to grant Everpower’s certificate extension. Presumably, these governments have their hands full with their two other active lawsuits. Additionally, below this discussion is an enticing offer from Everpower for some of their leaseholders.  If they provide a 1-time payout to the leaseholder, it will cost them less over the lifetime of the project. Everpower is seeking a bank that might assist them in this initiative. Is this a new strategy to attract leaseholders?….

Citizens group Union Neighbors United UNU filed an application for rehearing Wednesday against an Ohio Power Siting Board OPSB decision in the Buckeye Wind project….

In the application for rehearing, UNU contends that the board’s decision is unlawful and unreasonable for multiple reasons including the extension amends an express term of the original certificate issued to the project applicant without complying with legally-mandated procedure for certificate amendments, the board lacking legal authority to waive or alter procedures applicable to the amendment of certificate and because the project developer has not shown good cause to extend the certificate by motion or otherwise.

UNU questions why EverPower has been unable to begin a continuous course of construction within the original five-year term of the certificate and contends that the developer has shown no evidence to demonstrate that litigation prevented this.

The intervenors also argue that the extension request is a response to new state laws….

via Wind intervenors file application for rehearing – Urbana Citizen – urbanacitizen.com.

From EverPower Newsletter Vol. 3 Issue 2

 Annual Landowner Payment Buyout – Is it right for you?

Everpower has had a number of landowners express an interest in receiving a one-time up-front payment in place of their annual royalty checks. Due to the number of requests we have received, and in an effort to be accommodating to those who have supported our projects, Everpower is currently considering such an arrangement.

In order to assess the present value of future annual payments, Everpower will need to appraise each project’s future performance, which will include forecasts of energy production, power prices, renewable energy credit prices, wind turbine reliability, and take a view on state and federal renewable energy policies over the life of the project. Everpower will likely team up with a lender to make one-time payments, which will also carry with them and interest rate cost. Due to these factor, the calculation of  the amount of money that Everpower could pay for each one-time payment has some complexity to it….

We understand that the one-time payment may not be the right option for everyone, but it may have advantages for some who would rather not wait until the end of the life of a project to recover value from their annual payments….

 

Ohio Renewable Energy committee has SIGNIFICANT farm bureau connections

Yesterday, the Ohio Senate members of the General Assembly’s
Renewable Energy Study Committee were announced.  We will be curious to see if Senator Cliff Hite will be as aggressive as he has been in the past in supporting the wind industry.  Hite represents much of the area targeted for wind development including all or part of Auglaize, Defiance, Fulton, Hancock, Hardin, Henry, Logan, Paulding, Putnam, Van Wert, and Williams Counties.  We have provided portions of their biographies (at bottom) of all Committee members and note there are significant Farm Bureau connections.

We also provide information on one of the Vorys firm’s other client’s –
Blackfork Wind being developed by Element Power, another UK based entity
which is owned by a private equity firm, Hudson Clean Energy Partners.
Hudson has offices in New Jersey and China.  A Hudson issued a press release
this week about its success in raising $91 million. One third of these funds
will support Element’s wind developments in Northern Europe.  Reading the
company’s profile, we note their commitment to “risk mitigated”
opportunities.  Risk mitigation seems to be provided by U.S. Treasury
through the PTC, local PILOT and state mandates.  We hope that the Study
Committee clearly comprehends that it is the taxpayer and the ratepayer who enhance the return on investment for these private equity players and their limited liability subsidiaries….

Element Power has requested an additional two years to build its 200MW Black Fork wind farm in the US state of Ohio, citing project delays and the prospect of a better market for wind power in a few years. Element, which is backed by Hudson Clean Energy Partners, the renewables-focused private-equity firm, received its construction permits for the 91-turbine Black Fork project in 2012.

But Black Fork, Element’s only project in Ohio, engendered significant local
opposition, ultimately landing the project in the Ohio Supreme Court. Last
December the court upheld Element’s right to build Black Fork, located in
north central Ohio.

Element’s existing construction certificate runs to January 2017, but the
developer has requested an extension to January 2019…

via Element wants Black Fork extension -Recharge News.

Ohio Renewable Energy Study Committee

1. Senator Troy Balderson (R) is currently serving his second General Assembly
in the Ohio Senate, representing the 20th District, which encompasses all of
Fairfield, Guernsey, Hocking, Morgan, and Muskingum Counties, as well as
portions of Athens and Pickaway Counties. He is currently the Chairman of
the Senate Committee on Energy & Natural Resources. Tapping his vast knowledge on energy issues, Senator Balderson has been
appointed to serve as the Chairman of the Senate Committee on Energy &
Natural Resources…
<http://www.ohiosenate.gov/committee/energy-and-natural-resources> ….
In addition to his committee leadership responsibilities, Senator Balderson
serves as Vice Chairman of the Senate Committee on Agriculture
<http://www.ohiosenate.gov/committee/agriculture> ….
Prior to joining the Ohio Senate, Balderson served in the Ohio House of
Representatives, where he was named to the powerful House Finance Committee and also presided as Chairman of the Subcommittee on Agriculture and Natural Resources….
As part of his effort to best serve the district, Senator Balderson stays
very active in the community including being a member of the Genesis Health
Care Advisory Board, the Cattleman’s Association, the Muskingum County Farm Bureau and the National Rifle Association….

2.As a farmer, business owner and former county official, Bob Peterson ® has devoted much of his time and attention to solving the challenges facing our communities. He now brings that same attitude and drive to the Ohio Senate as he works to improve all of Ohio. Bob represents the 17th Ohio Senate District, which encompasses Clinton, Fayette, Gallia, Highland, Jackson,Pike and Ross counties as well as portions of Lawrence, Pickaway and Vinton counties.

A farmer by trade, Senator Peterson and his family are the eighth generation
of Petersons to farm in the U.S. Peterson raises corn, soybeans, wheat and
livestock on his family’s farm. He also has been active in the Farm Bureau
in a variety of leadership positions, culminating to his position as Ohio
Farm Bureau President for nearly five years He also served as a member of the budget-writing Finance Committee, the Agriculture Committee, the Energy & Natural Resources Committee and the Insurance & Financial Institutions
Committee….Peterson received his bachelor’s degree from The Ohio State University, and is also a graduate of its LEAD Program, an intense two-year agriculture leadership program that features extensive experience in economics, environmental issues and state and national political processes….

3. Bill Seitz (We know he is a friend of the consumer, ratepayer,resident, so info was not added)

4.Senator Cliff Hite is currently serving in his second General Assembly as a member of the Ohio Senate, representing the 1st Senate District, which encompasses an 11 county region of Northwest Ohio including all or part of Auglaize, Defiance, Fulton, Hancock, Hardin, Henry, Logan, Paulding, Putnam, Van Wert, and Williams Counties. Prior to his appointment to the Senate, Hite served two terms in the Ohio House of Representatives. For the second time during his tenure in the Senate, Hite has been tapped to preside as the Chairman of the Senate Standing Committee on Agriculture….

5.Senator Shirley A. Smith (D) was elected to the 21st Senate District of the Ohio Senate in November 2006 after serving eight years in the Ohio House of Representatives as the State Representative for the 10th House District in Cleveland.  Senate District 21 encompasses Wards 2 through 12 and 14, Bratenahl, Shaker Heights, Cleveland Heights, Garfield Heights, Newburgh Heights, and University Heights….

Smith serves as Ranking Member of the Government Oversight Committee and sits on the Finance Committee, Criminal Justice Committee, the Public
Utilities Committee, and the Agriculture Committee….

6.Capri S. Cafaro (D) has represented the 32nd Ohio Senate District since January 2007 when she was appointed to the 127th General Assembly. Cafaro’s district encompasses Ashtabula and Trumbull counties, located in Northeast Ohio. As of 2013, portions of Geauga County have been added to her district as well….She serves on the Insurance, Commerce and Labor Committee, as well as the Agriculture, Environment and Natural Resources Committee, the Joint Legislative Ethics Committee, and the Legislative Service Commission. In 2008 she was named a Friend of Agriculture by the Ohio Farm Bureau… In 2009, Senator Cafaro was recognized as Legislator of the Year by the Ohio Speech and Hearing Coalition, the Ohio Farmer’s Union, AMVETS Department of Ohio, and Ohio Corn and Wheat Growers’ Association and the Soybean Association for her leadership and support of Ohio’s bio products industry and Ohio agriculture….