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Waverly utility receives settlement in turbine suit 

Credit:  By Courier Staff | wcfcourier.com ~~

WAVERLY, Iowa  – Waverly Light and Power has received a final settlement of a longstanding lawsuit related to its Cannon II wind turbine.

The turbine fell during construction in February 2009. Since then, the utility has fought to recover costs resulting from the event and the damaged turbine. A lawsuit filed against appropriate parties had a court date of early 2013.

According to WLP general manager Diane Johnson, successful mediation has resulted in a settlement agreement that allows WLP to avoid what was expected to be “a protracted and costly court battle,” the utility said in a news release.

Rebuilding Cannon II cost the utility $1.7 million, which will be recovered through a payment of $1.5 million and the waiving of $195,000 in contractor costs WLP had withheld pending the settlement.

“We are pleased to recover the costs of rebuilding this turbine,” Johnson said. “Through the hard work of WLP employees and support of our board, we were able to see this project through to the end and preserve our commitment to provide renewable energy from local sources.”

Renewable energy makes up about 6 percent of total energy output for Waverly Light and Power customers, the utility said. Cannon II, which became operational this fall, is one of three wind turbines it operates.

Source:  By Courier Staff | wcfcourier.com

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.

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