WIND ENERGY'S ECONOMIC RIPPLE EFFECT

Wind Turbines with Grass Blades

Estimated impacts to the Great Lakes Region by 2030 from 97 GW of new wind development, according to the 20% Scenario*

Direct Impacts

Landowner Revenue:

$262 million/yr (number not including ANY local ownership)

Local Property Taxes:

$58,700/yr

Construction Phase:

145,000 new jobs through 2030
$19 billion to local economies

Operational Phase:

21-23,000 long-term O&M jobs
$2.1B/yr to local economies

Indirect Impacts

Construction Phase:

58,000 jobs through 2030 · $5.7 B to local economies

Operational Phase:

5,500 long-term jobs · $621M/yr to local economies

Induced Impacts

Construction Phase:

88,000 jobs through 20 · $9B to local economies

Operational Phase:

13-15,000 long-term jo · $1.4B/yr to local economies

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BENEFITS OF COMMUNITY WIND PROJECTS

  • Local ownership of the project
  • Provides new Cash Crop for Farmers not tied to Traditional Commodities
  • Keeps Energy Dollars and electricity sales revenue in the Community
  • Stimulates Economic Development in Rural Areas
  • Creates New Jobs for Local Communities
  • Provides Long Term, Low Cost Clean Sustainable Energy
  • Creates bigger economic opportunity for farmers, local investors, industry, and local businesses
  • Local tax revenue (Lincoln County collected $471,822 from 156 MW in 2003
  • Builds more local support for wind energy by keeping more of the benefits close to home

 

MEET COMMUNITY NEEDS

Meeting 20% of the nation's electricity demand with wind energy will lead to enormous benefits to rural landowners and towns, the manufacturing sector, and infrastructure across America!

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