“Eric Bibler of Save Our Seashore writes that there are a MILLION Reasons to be Concerned About Industrial Wind Turbines. He invites you to go to your computer and type in the words: wind turbine lawsuit. The result is a staggering (his caps) ONE MILLION FIVE HUNDRED THIRTY THOUSAND. As 2013 evolves, more and more of these cases, we predict, will settle on loss of property values, loss of enjoyment, loss of health.”
by Sherri Lange, Master Resource
The damage of industrial wind turbines is also an international issue. Denmark worked with premeditation and created a “loss of value” clause, 2008, passed to compensate property values depreciated by proximity to turbine arrays, but this has turned out to be a double-edged sword. People may be awarded for a portion of projected losses, but of the 551 claims from persons living next to wind turbines, the average compensated value was only 57,000 kroner ($8,478 US), nothing even close to the actual property losses of upwards of 20%.
To challenge the awards, homeowners need to activate a civil suit, with often dubious results and of course legal costs. Further, evaluations are done before the turbines are constructed, leaving the vagaries of the real future losses to literally “hang in the breezes.”
But the admission of property losses is a feeble economic sputter from Denmark, mother of turbines pretty much everywhere. Other admissions of massive financial loss come when communities in opposition to turbine invasions enlist appraisers such as Appraisals One, who in 2009 delved into losses from three turbine developments in Wisconsin, sponsored by Calumet County [Wisconsin] Citizens for Responsible Energy (CCCRE: Dodge and Fond du Lac Counties). The report centres on a literature study, a survey of realtors’ opinions, and a sales study of undeveloped and “improved” lands.
Again, the results were not surprising. “In all cases with a 1-5 acre residential property, whether vacant or improved, there will be a negative impact on property values.” Read article