Deval-ued Wind Power - Heavy Cost

Deval-ued Wind Power - Heavy Cost

Posted in the Dedham Forum

Bll Carson

Mattapoisett, MA

#1 Dec 4, 2012
http://www.nationalreview.com/articles/334599... #

December 3, 2012

Deval-ued Wind Power
Green-energy delusions inflict a heavy cost on a Massachusetts town.

By Kevin D. Williamson

Masschusetts governor Deval Patrick is as green-power mad as any up-and-coming Democrat, and he has set an ambitious goal for the commonwealth’s utilities: begin producing 2,000 megawatts of power from environmentally preferred sources by 2020. Patrick’s green dreams are way up in the air; on the ground, things look starkly different.

Last September in the tiny town of Princeton, Mass., the general manager of the local utility authority sent out an extraordinary little memo that is one part standard bureaucratic posterior-covering and one part cry for help, noting that a modest wind-energy project already has lost nearly $2 million — a whopping number for a community of only 3,413. For perspective, consider that those losses occurred despite all of the subsidies the utility received for its wind-energy work; when the cost of those credits is accounted for, the real losses are even higher, but of course subsidy expenses are not borne in full directly by Princeton residents. Nevertheless, customers of the Princeton Municipal Light Department now pay more than a third more for their electricity than does the average Massachusetts residential customer, adding some $774,000 to their power bills in 2011. The financial position of the PMLD has been weakened, and there is little hope for significant improvements under current conditions.

“As best I can look into the future,” general manager Brian Allen wrote,“I would expect the wind turbine losses to continue at the rate of around $600,000 a year. This assumes current wholesale electricity rates, no need for extraordinary repairs, and that both turbines continue operating. If any major repairs are required, this will be an additional expense for the PMLD. The original warranties on the turbines have expired, and extended warranty options are not available.”
syt

UK

#2 Dec 4, 2012
gen

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Dedham Discussions

Title Updated Last By Comments
News Girl says firefighter raped her (Aug '06) 4 hr debra 983
Finding Dope (Jun '13) Sep 1 Help 12
News Fisher-Price's new campaign is making a positiv... Aug 31 leticia 16
How Many People Got Kilt In The Hurricane (Aug '11) Aug 30 Redneck 5
Cosby bad Kennedy good Aug 29 The Ghost of Bobb... 4
section8 (Feb '15) Feb '15 theress-63 1
News Measure calls for elder-care facilities to obta... (May '14) Jun '14 humanSpirit 3
More from around the web

Personal Finance

Dedham Mortgages