Small Change for Big Burden


March 29, 2016
Grimsby Lincoln News

Re. West Lincoln will get $9.2M wind turbine boost, March 18:

Do not be surprised if the residents of West Lincoln are not ecstatic about receiving $9.2M.  Sure, it sounds like a lot of money, but remember it is paid in yearly installments of only $460,000.

It will take 20 years before the money is all in.

When you consider that 44 turbines will be installed, for which the wind proponent expects to make 1M a year, which means $880,000,000 in 20 years, and the lease land owners expect receive a yearly installment of $50,000 for each turbine, equaling $1M, it sort of makes 9.2M paid to West Lincoln small change for the imposition of this project on our community.

Nellie DeHaan, Smithville

One thought on “Small Change for Big Burden”

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s