[ exact phrase in "" • results by date ]

[ Google-powered • results by relevance ]



LOCATION/TYPE

News Home
Archive
RSS

Subscribe to RSS feed

Add NWW headlines to your site (click here)

Sign up for daily updates

Keep Wind Watch online and independent!

Donate $10

Donate $5

Selected Documents

All Documents

Research Links

Alerts

Press Releases

FAQs

Publications & Products

Photos & Graphics

Videos

Allied Groups

Falmouth’s Taxpayers asked to reach into their pockets again  

Credit:  Falmouth's Firetower Wind | January 23, 2021 | mjoecool.wordpress.com ~~

W. C. Fields famously quipped, “If at first you don’t succeed, try, try again. Then quit. There’s no point in being a damn fool about it.” 

Yesterday’s Falmouth Enterprise reported the Finance Committee is recommending $35,482 for the renewable energy line item in the town’s Fiscal Year 2022 budget.  This amount covers preventative maintenance of the turbines “so they remain functional for a buyer,” explained Committee member James B. Newman.

Buyer interest

According to the Cape Cod Times, as far back as April 2019 the town requested letters of interest from organizations interested in operating the wind turbines, but there have been few responses. 

Prospective buyers understand wind turbines are designed for operation.  Long periods of inactivity erode the useful life of the turbines even with preventative maintenance. Prospective buyers know the turbines are 2004-2005 vintage.  They know the turbines were operated approximately seven years, with extended shut-down periods.  They know the turbines have been practically idle since 2017.  As these old, used turbines continue sitting dormant, is it reasonable to believe a buyer will be found?

Driving the hope for a buyer

Wind 2 was funded through an ARRA grant.  Because of its non-operation as a renewable energy system, the grant requires repayment ($3.5M).  The select board’s effort is seemingly based on a presumption that the turbines can be sold and will be operated in another community.  The primary mission – to avoid a $3.5M repayment for Wind 2.   

Wind 1 is a separate cost issue over which selectmen have no control.  Taxpayers are stuck with the cost of bond obligations for approximately 10 more years.  

Essentially, an effort to save the town $3.5M will cost taxpayers $35,482 this coming budget year.  Mind you, since the turbines were permanently shut off (2015 & 2017), similar sums for preventive maintenance and care have been appropriated in the annual budget by town meeting (totaling approximately $200,000). 

Values 

The resale value of the turbines to a third party is estimated for planning level budgeting purposes to be approximately $300,000 each for a total of $600,000 according to the town’s consultant.  

Relocating each wind turbine to an alternate location would cost approximately $2.0 million per turbine or $4.0 million dollars. This is based on the cost for dismantling, installation of new foundations, and reassembly and commissioning at the alternate location.

Realize these are 2011 values based on Westin Sampson – Wind Energy Facility Mitigation Alternatives Analysis – Dec 2011.  It’s nearly certain resale value has declined and relocation costs have risen.

Given the lack of buyer interest, the forgiveness uncertainty of all or any portion of the ARRA grant and the relatively miniscule revenue return for resale/relocation, taxpayers are once again being asked to pay $35,482 for a seemingly unsustainable hope.     

Maintenance expense break-point

The salvage value for the steel and copper of the turbines is estimated at $102,000. Miscellaneous components for spare parts is valued at $80,000, for a total estimated salvage value of $182,000 (Westin Sampson – Wind Energy Facility Mitigation Alternatives Analysis – Dec 2011).  For argument sake, rounding up and agreeing 10 years has made the salvage value $200,000.

Falmouth taxpayers, without any buyer certainty and continued state obstruction in grant forgiveness, are now being asked to allocate more money to long term preventive maintenance and care than the estimated salvage value worth of the turbines.

Sustaining a town fund net drain

What will it take… to be done? At what point do we say 

ENOUGH…

https://www.capenews.net/falmouth/news/wind-turbine-budget-recommended-disposition-process-ongoing/article_1a7e506d-ddc1-5ed1-91ab-b8f306c0697b.html

Source:  Falmouth's Firetower Wind | January 23, 2021 | mjoecool.wordpress.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 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 $5 PayPal Donate

Share:


News Watch Home

Get the Facts Follow Wind Watch on Twitter

Wind Watch on Facebook

Share

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

 Follow: