LOCATION/TYPE

NEWS HOME

[ exact phrase in "" • results by date ]

[ Google-powered • results by relevance ]


Archive
RSS

Add NWW headlines to your site (click here)

Get weekly updates

WHAT TO DO
when your community is targeted

RSS

RSS feeds and more

Keep Wind Watch online and independent!

Donate via Paypal

Donate via Stripe

Selected Documents

All Documents

Research Links

Alerts

Press Releases

FAQs

Campaign Material

Photos & Graphics

Videos

Allied Groups

Wind Watch is a registered educational charity, founded in 2005.

News Watch Home

Town discusses possible Antrim Wind construction extension 

Credit:  By Abby Kessler | Monadnock Ledger-Transcript | Wednesday, June 21, 2017 | www.ledgertranscript.com ~~

Antrim select board members continued to hash out a potential construction-extension agreement between the town and an energy company that is looking to build nine wind turbines along Tuttle Hill.

Antrim Wind Energy has proposed a one-time payment of $100,000 in exchange for an extension on its commercial operation date. The payment could extend the company’s commercial operation date from Dec. 31, 2018 to the same day the following year.

Already the energy company has agreed to pay the town $50,000 at the start of construction, and a second payment of $50,000 when it goes online.

The board estimates it has spent somewhere in the neighborhood of $150,000 in legal fees since the wind energy project was proposed in 2009. Chair Mike Genest said it will likely accrue more fees as the project gears up for construction after the 28.8 megawatt project was approved by the state’s Site Evaluation Committee late last year. He has pushed hard to recapture legal-fee costs and more while the company attempts to get up and running.

“With these changes and stuff, all of this is going to be even more legal costs, so the bills are going to continue to rise,” Genest said. “And throughout this whole process and the next 20 years I’m sure there are going to be a few more legal costs.”

Selectmen Bob Edwards has said in the past that it is in the best interest of the town and the company for the facility to go online. When that happens, the town will start to receive payments, which will increase every year that it’s in operation.

During the meeting on Monday night, Edwards suggested countering the energy company’s extension proposal with $125,000 upon signing of the contract and $75,000 at the beginning of construction, which is the same amount but would be paid out more quickly. In that scenario, the company would not have to pay the town when it goes online.

He said the proposal would allow the town to recapture its costs more quickly.

“At that point, if they put the shovel in the ground, then we’ve recaptured our money,” Edwards said.

The board agreed to run proposals by its legal council before it spoke to the energy company.

If the two parties reach an agreement, it will have to hold two public hearings regarding the matter.

Source:  By Abby Kessler | Monadnock Ledger-Transcript | Wednesday, June 21, 2017 | www.ledgertranscript.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.

Wind Watch relies entirely
on User Funding
   Donate via Paypal
(via Paypal)
Donate via Stripe
(via Stripe)

Share:

e-mail X FB LI TG TG Share


News Watch Home

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

 Follow:

Wind Watch on X Wind Watch on Facebook

Wind Watch on Linked In Wind Watch on Mastodon