Big Country, by Gina Benitez
“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 killowatts 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 subsidary of theirs. Not just selling, but over selling. Read article