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

The road to American electrical blackouts is paved with wind turbines

Even though this article was written in April of 2014, it is still incredibly pertinent today.  This administration is heavily pushing renewable energy on the American citizen, through EPA rules and regulations- spoken about just last week by our President. Congress is, again, considering the renewal of the Wind Production Tax Credit.  The assaults on our energy grid are endless. Please educate yourselves and share your knowledge with friends and your legislators. We must now allow this to happen.  We do not want to someday say, “I told you so!”….

Last winter, bitterly cold weather placed massive stress on the US electrical system ― and the system almost broke. On January 7 in the midst of the polar vortex, PJM Interconnection, the Regional Transmission Organization serving the heart of America from New Jersey to Illinois, experienced a new all-time peak winter load of almost 142,000 megawatts.

Eight of the top ten of PJM’s all-time winter peaks occurred in January 2014. Heroic efforts by grid operators saved large parts of the nation’s heartland from blackouts during record-cold temperature days. Nicholas Akins, CEO of American Electric Power, stated in Congressional testimony, “This country did not just dodge a bullet ― we dodged a cannon ball.”

Environmental policies established by Congress and the Environmental Protection Agency (EPA) are moving us toward electrical grid failure. The capacity reserve margin for hot or cold weather events is shrinking in many regions.

What industry pays customers to take its product? The answer is the U.S. wind industry. Wind-generated electricity is typically bid in electrical wholesale markets at negative prices. But how can wind systems operate at negative prices?

The answer is that the vast majority of U.S. wind systems receive a federal production tax credit (PTC) of up to 2.2 cents per kilowatt-hour for produced electricity. Some states add an additional credit, such as Iowa, which provides a corporate tax credit of 1.5 cents per kw-hr. So wind operators can supply electricity at a pre-tax price of a negative 3 or 4 cents per kw-hr and still make an after-tax profit from subsidies, courtesy of the taxpayer….

Capacity shortages are beginning to appear. A reserve margin deficit of two gigawatts is projected for the summer of 2016 for the Midcontinent Independent System Operator (MISO), serving the northern plains states. Reserve shortages are also projected for the Electric Reliability Council of Texas (ERCOT) by as early as this summer.

The United States has the finest electricity system in the world, with prices half those of Europe. But this system is under attack from foolish energy policies. Coal-fired power plants are closing, unable to meet EPA environmental guidelines. Nuclear plants are aging and beset by mounting losses, driven by negative pricing from subsidized wind systems. Without a return to sensible energy policies, prepare for higher prices and electrical grid failures.

Americas power grid at the limit: The road to electrical blackouts | The Daily Caller.

BigWind costs the US taxpayer MORE $ when they produce MORE energy? YES

Fox Business reports that the states with the largest use of wind power have the highest utility bills. They note private investors are encouraged to hold on to their own money while the government (you and me) provides the life support for wind through the Production Tax Credit.    The outcome of the election may pull the plug on the PTC.   Enter the League of Conservation Voters.  Fox reports “It would be an understatement to say that the outcome of the 2014 elections is important for wind energy producers. In an effort to see PTC friendly Harry Reid as Majority Leader,the wind industry has essentially turned the League of Conservation Voters (LCV) into their own personal Trojan horse.

Much of the LCV leadership has deep ties to the wind energy:

•       Tom Kiernan, CEO of the American Wind Energy Association (AWEA) serves as the Treasure of the LCV.

•       Peter Mandelstam, former AWEA board member and founder of Green Sails wind energy company also serves on the LCV board.

Unsurprisingly, much of the LCV’s campaign activities have been aimed squarely at renewal of the PTC. The organization brags  that it will spend over $25 million supporting pro PTC candidates  and attacking their opponents before November elections. Should LCV’s campaign fail, loss of the PTC could prove fatal to some wind companies. 

We have seen Ohio LCV hand at work in Ohio with LCV support of Rep. Mike Duffey (R-Columbus) who opposed SB 310.  We are quite certain that we shall see more of the Ohio LCV as the legislature’s Study Committee gets up and running…. 

…For government-backed industries such as wind energy, the relationship is directly the opposite — the more they produce, the more it costs ratepayers and taxpayers. Recent analysis shows that states with the largest use of wind power have the highest electricity bills. Such factors have caused private investors to largely bypass wind companies and leave them largely dependent upon the government for their survival.

Wind energy companies rely heavily upon a government construct known as the “Production Tax Credit” (PTC) to support their bottom lines. The PTC is a federal program that provides billions of dollars annually to subsidize renewable energy facilities such as wind farms. Generally speaking a clean technology facility receives a tax credit for 10 years after the date the facility is placed in service with the tax credit amount ranging from $0.23 per kilowatt-hour (kWh) for wind to $0.011 per kWh for qualified hydroelectric….

It is presumed that a GOP controlled Congress would see the PTC on the chopping block in 2015 and a Democrat-controlled Congress will fight for renewal.

It would be an understatement to say that the outcome of the 2014 elections is important for wind energy producers. In an effort to see PTC friendly Harry Reid as Majority Leader, the wind industry has essentially turned the League of Conservation Voters (LCV) into their own personal Trojan horse.

Much of the LCV leadership has deep ties to the wind energy:

•       Tom Kiernan, CEO of the American Wind Energy Association (AWEA) serves as the Treasure of the LCV.

•       Peter Mandelstam, former AWEA board member and founder of Green Sails wind energy company also serves on the LCV board.

Unsurprisingly, much of the LCV’s campaign activities have been aimed squarely at renewal of the PTC. The organization brags  that it will spend over $25 million supporting pro PTC candidates  and attacking their opponents before November elections. Should LCV’s campaign fail, loss of the PTC could prove fatal to some wind companies.

As Warren Buffet recently told his loyal investors, “I will do anything that is basically covered by the law to reduce Berkshire’s tax rate. For example, on wind energy, we get a tax credit if we build a lot of wind farms. That’s the only reason to build them. They don’t make sense without the tax credit. “…

It May be Lights Out for the Wind Energy Come the Midterms | Fox Business.

BigWind tax loss hits county, SCHOOL districts

Ohio should learn a lesson from the mistakes in California. Our schools cannot afford to make these mistakes! What will happen in Paulding county when these realities hit? Van Wert schools must be thankful that they don’t receive a dime from the turbines just North of the city.  The facts, below, expose 2 dirty truths about these wind sites. OUR tax dollars PAY them, in year 1, for producing nothing- we pay them for merely existing!  Secondly, they rarely produce what they ‘claim’ they will produce. In fact, in Ohio, they produce less than 30% of what they ‘claimed’ before they ever started spinning. Why should our tax dollars be wasted on an industry that fails to deliver results? Why should our tax dollars be wasted on foreign-owned companies? These facts should outrage anyone with a brain who works for a living….Thank heavens our Ohio legislators enacted Senate Bill 310 this year which ‘freezes’ our renewable energy mandates for evaluation…..

A sudden and dramatic drop in the value of Kern County’s massive wind energy farms will strip millions of dollars out of government coffers this fiscal year.

The Kern County Assessor-Recorder’s office has warned county officials that they expect to drop wind energy property value by $777 million less than three months into the fiscal year.

County budget officials estimate that will strip $1.8 million from the county’s main operational fund and $900,000 from taxes used to run the Kern County Fire Department.

Other governments — cities and schools and special districts — could also lose revenue.

The impact on local districts whose territory includes wind farms — including Tehachapi Valley Recreation and Park District and Tehachapi Unified School District — was not immediately available before deadline….

Assistant Kern County Administrative Officer Nancy Lawson said the county budget is expected to lose around $2.7 million….

The county builds a cushion into its spending plan for changes in tax values, she said, and that cushion is big enough to handle the shortfall.

But that money is usually used to pay off property owners who win a legal appeal with the county over the size of the property tax bill.

This, however, is a permanent change to the value of wind energy developments.

Lawson said the county will have to absorb that reduced revenue into all future budgets….

Ansolabehere said the drop in wind energy values came for a number of reasons.

In the first year that a new wind energy project is active, he said, the operator gets a check from the federal government that covers 30 percent of its value.

That check doesn’t come in the second year.

So, Ansolabehere said, the value of a wind project often drops dramatically in the second year.

The other major reason valuations have dropped, he said, is that some projects are not producing energy at the level they were expected to…

“After they are operating for a few years you can see whether they are producing better or worse than expected,” he said.

But, on the whole, production is less than predicted.

 

Wind tax loss hits county, districts – TehachapiNews.com.

Devaluation of BigWind to hurt county coffers -share in Ohio!!

Share this article with Ohioans! This story will repeat across the USA, as industrial wind sites age, particularly where there is ‘poor’ wind resources. What about Ohio? Well, go to our home page and click on the picture at the bottom and you will see that we are a ‘poor’ wind resource state. Could this story repeat in Ohio in Van Wert? YES! In Huron, Champaign, Hardin counties? YES! The historical data for wind site performance in Ohio is poor, with sites producing approximately only 30% of the energy that they are capable of producing. Once the (tax) incentives are removed, these sites are no longer profittable and these companies will disappear. What will county governments do then? What will the farmers do then? Thank you, Ohio legislature and governor for ‘freezing’ our renewable energy mandates while such issues are reviewed!!!…

A sudden and dramatic drop in the value of Kern Countys massive wind energy farms will strip millions of dollars out of government coffers this fiscal year.

The Kern County Assessor-Recorder’s office has warned county officials that they expect to drop wind energy property value by $777 million less than three months into the fiscal year.

County budget officials estimate that will strip $1.8 million from the county’s main operational fund and $900,000 from taxes used to run the Kern County Fire Department.

Other governments — cities and schools and special districts — could also lose revenue….

Ansolabehere said the drop in wind energy values came for a number of reasons.

In the first year that a new wind energy project is active, he said, the operator gets a check from the federal government that covers 30 percent of its value.

That check doesn’t come in the second year.

So, Ansolabehere said, the value of a wind project often drops dramatically in the second year.

The other major reason valuations have dropped, he said, is that some projects are not producing energy at the level they were expected to…

But, on the whole, production is less than predicted.

via Devaluation of wind farms to hit government coffers – BakersfieldCalifornian.com.

Are Kansans tired of BigWind raising their electricity rates?

According to a Forbes article, which highlights data from the EIA, Kansas electricity rates have risen 29% since 2008…more than 4x the national average.

http://www.forbes.com/sites/jamestaylor/2014/02/27/wind-industry-study-electricity-prices-skyrocketing-in-largest-wind-power-states/

Kansas is one of the largest wind powered states. Their governor has said it right, ‘the wind industry is now strong’. How strong? BigWind is now one of the strongest lobbying groups in DC.  They will fiercely fight this change, just as they are fighting hard to extend their federal handout, the Wind Production Tax Credit.  Remember, we have commented on this truth before…that tax credit makes it worthwhile for foreign companies to build wind sites that are UNprofiittable; in other words, they can lose money generating electricity because the tax credit is so generous! Do you like having your tax dollars wasted like this?

Thank you Ohio Governor Kasich and our legislators, for passing SB 310 to ‘freeze’ our similar mandates. We don’t want to end up with skyrocketing electricity rates here. That policy is not good for our residents, our manufacturers or our job producers….

Gov. Sam Brownback says he’s open to proposals for phasing out a renewable energy requirement for Kansas utilities because policies aimed at nurturing the wind industry shouldn’t remain in place forever.

The Republican governor said Wednesday that he’s not developing a proposal of his own and wants wind energy companies, critics of the requirement and other interested parties to negotiate a new policy.

But Brownback said he has supported the policy because it helped develop the wind industry in Kansas but said the industry is now strong….

via Brownback Open to Phasing Out Kansas Energy Rule – KSAL.com.

Are wind developers part of your ‘public’ at county commissioner meetings?

This week Everpower spoke on the record to the Springfield News Sun about their future plans.   Everpower spokesman, Michael Speerscheider, had this to say:

 “ It’s still too early to say whether the legislation will mean the end of the Buckeye wind farm,” said Michael Speerschneider, a spokesman for Everpower. The project is in jeopardy because the state legislation will freeze current mandates for renewable energy, he said, making it harder to find a buyer for the electricity produced by the turbines. Everpower doesn’t have a timeline for when it will decide whether to move ahead or kill the projects. “It’s very early,” Speerschneider said. “We’re still trying to figure out what it all means and if we can work through it. It could very well be something that leads to having a lot more difficulty in completing the projects.”

 

The American Wind Energy Association (“AWEA”) stated they plan to be actively engaged in the process of the new legislative Study Committee and their spokesman states “We’d say it starts a two-year debate and we plan to win the debate,” Kelley said. “I don’t think we can afford to wait two years.”

Meanwhile, Senator Keith Faber  states in the article that: “The renewable mandates might make sense, he said, but the state needs to determine whether the wind farms are a good investment for consumers.

“They’re getting multiple subsidies,” Faber said of the wind farms. “The question is when is enough enough and when should they be viable.”

This is the first time we have heard Senator Faber express concern about the subsidies that federal and Ohio taxpayers and ratepayers have paid out to support wind development.  Under current law, renewable energy is eligible to seek local tax abatement of the public utility personal property tax for projects where construction begins prior to January 1, 2019.  But we believe the mandate is also a form of subsidy so it is difficult to understand exactly what Senator Faber means.   On more than one occasion, Everpower has expressed concern over whether they could go forward without the federal Production Tax credit, or whether failure to be granted PILOT payments would make the project infeasible.  Those two issues didn’t come up in the context of today’s story even though the PTC is currently expired and Everpower has yet to make application for PILOT in Champaign County.   

In the meantime, Everpower’s local team of Jason Dagger and Michael Pullins were busy advising the Champaign County Commissioners on local economic development.  In a public hearing to which only four members of the public went, Dagger and Pullins comprised ½ of the “public”.  They opined as follows:

“Buckeye Wind Farm Project Manager Jason Dagger said this was a tremendous asset to move money back toward economic development.  “I would encourage you to move more (money) towards economic development if there’s ever the possibility to do that because I think that is a driver for this county,” Dagger said. “We need to see groundbreakings in general. Whether they’re renewable energy or general businesses that need to expand in the community, we need to see folks out there attracting them in here and showing the assets that we have.”  EverPower Consultant Mike Pullins suggested the county should partner with surrounding counties to leverage resources toward economic development.”

Could they be working on warming up the Commission for their plea for tax abatement as a “driver” for their debatable economic development?   Is wind development really a positive for a economic development? See our next blogs and decide for yourself…

Everpower Renewables has spent as much as $10 million in Ohio to get a trio of wind projects ready for construction, including in Champaign County, but two recently signed laws are making the firm reconsider if their investment is still worth the effort….

via Long fight over wind turbines, energy laws | Springfield, OH News | www.springfieldnewssun.com.