LOCATION/TYPE

NEWS HOME

[ exact phrase in "" • results by date ]

[ Google-powered • results by relevance ]



Archive
RSS

Add NWW headlines to your site (click here)

Get weekly updates

WHAT TO DO
when your community is targeted

RSS

RSS feeds and more

Keep Wind Watch online and independent!

Donate via Paypal

Donate via Stripe

Selected Documents

All Documents

Research Links

Alerts

Press Releases

FAQs

Campaign Material

Photos & Graphics

Videos

Allied Groups

Wind Watch is a registered educational charity, founded in 2005.

News Watch Home

Wind energy is booming, but where’s the money? 

Credit:  By: Gina Benitez, bigcountryhomepage.com 6 June 2012 ~~

Jerry Beaird has 16 wind turbines on his property. They’ve been producing quite efficiently but Beaird hasn’t seen a single penny since November.

“So December, January, February, March and April we got letters saying there was no revenue generated but the site managers say that January was a record month,” says Beaird.

So how could record production leave the landowners completely dry? The letters state various market factors attributed to the lack of revenue. They don’t go into specifics, but Beaird has his own ideas.

Beaird says, “They’re promising more kilowatts than they can produce. So they’re selling short on the contracts.”

Nextera, formerly known as Florida Power and Light, owns the turbines and electricity. Beaird believes Nextera might be selling contracts to Gexa, a subsidiary of theirs. Not just selling, but over selling.

“They’re selling contracts and they’re not fulfilling them so they have to go back in and buy electricity at a higher price than they sold it,” says Beaird.

Ultimately, making no money. Tom Cox owns the land next door. His property has 10 turbines.

Cox says, “Part of it is natural gas. As natural gas gets cheaper, electricity gets easier to generate at a conventional plant.”

However, Cox believes something internally just isn’t right.

“But that’s ridiculous,” says Cox, adding, “to go from a sizable amount of money down to zero.”

And an issue with no immediate solution and out of the hands of the landowners.

Beaird adds, “What they’re doing may be legal, but it’s very unethical, it’s very unchristian, it’s very un-American.”

Source:  By: Gina Benitez, bigcountryhomepage.com 6 June 2012

This article is the work of the source indicated. Any opinions expressed in it are not necessarily those of National Wind Watch.

The copyright of this article resides with the author or publisher indicated. As part of its noncommercial educational effort to present the environmental, social, scientific, and economic issues of large-scale wind power development to a global audience seeking such information, National Wind Watch endeavors to observe “fair use” as provided for in section 107 of U.S. Copyright Law and similar “fair dealing” provisions of the copyright laws of other nations. Send requests to excerpt, general inquiries, and comments via e-mail.

Wind Watch relies entirely
on User Funding
   Donate via Paypal
(via Paypal)
Donate via Stripe
(via Stripe)

Share:

e-mail X FB LI TG TG Share

Tag: Complaints


News Watch Home

Get the Facts
CONTACT DONATE PRIVACY ABOUT SEARCH
© National Wind Watch, Inc.
Use of copyrighted material adheres to Fair Use.
"Wind Watch" is a registered trademark.

 Follow:

Wind Watch on X Wind Watch on Facebook

Wind Watch on Linked In Wind Watch on Mastodon