Hopkinton meeting - Iberdrola rep explaining one of the subsidies provided to the company: Federal Production Tax Credit
(starts at minute 4:45)
Our series of graphics illustrating how your money is used to fund industrial wind projects.
PAID FOR BY YOU - INDUSTRIAL WIND SUBSIDIES
"Mike, we are a green energy company, but the green stands for money."
- Jeffrey Skilling,
(to reassure one of Enron’s coal executives)
March 7, 2017
Ibrudrola representative explaining sale of electricity and need for a partner to build this project.
Visit our follow the money... "how big wind works" page for graphics that illustrate this topic and see how you pay for funding.
YOUR WAGES, PAID AS TAXES
INDUSTRIAL WIND QUOTES:
INDUSTRIAL WIND QUOTES:
"For example, on wind energy, we get a tax credit if we build a lot of wind farms. That's the only reason to build them. They don't make sense without the tax credit."
- Warren Buffet
What you need to know about Industrial Wind Farms
Northern NY Wind
Governor Cuomo wants to make New York a “National Leader” by having renewables provide 50% of the state’s electricity by 2030 – a Goal known as “50 by 30”. This will mean an increase in electricity prices because of mandated payments from you, to fund the projects. Avangrid has a history of partnering with NY State agencies to win funding for their projects.
In addition, to date, no commercial wind project in New York state has been built without a PILOT agreement that provides significant property tax relief to the developer.
YOUR MONEY - MANDATES AND SUBSIDIES
featured recommended reading:
July 16, 2018
WIND COSTS WILL BLOW NORTH
by Ken Girardin
Upstate New York ratepayers will pick up more than half the multi-billion-dollar tab for a massive offshore wind turbine project that will provide very costly power for Long Island and New York City.
January 29, 2019
N.Y. Lawmakers Propose Legislation In Support Of Existing Renewable Energy Facilities - North American Windpower
December 1, 2018
Are wind turbines really good for economy, environment?
August 11, 2018
Wind and Solar Energy: Good for Nothing... understanding the subsidies provided to wind and solar.
August 5, 2018
Four of NYS Thruway's costly wind turbines stand idle. Why?
2018 Large-Scale Renewables RFP
NYSERDA has launched its second annual request for proposals to help accelerate progress towards the Clean Energy Standard mandate.
April 1, 2017
NEW! increase to fee on your electric bill, brought to you by NYSERDA and the Clean Energy Standard:
ESRM charges effective 4/1/2017
August 24, 2016
Costing out Cuomo’s green tax
September 27, 2016
Green Overload - New York State’s Ratepayer-Zapping Renewable Energy Mandate
April 30, 2017
Wind power companies get by with a little help from their friends - By Perry White
April 2, 2017
Nuclear, renewable energy subsidy costs affect ratepayers starting Saturday, April 1st
March 27, 2017
Hiding the Increase
How Governor Cuomo is masking a huge energy-tax hike in the name of “consistency.”
Thursday, February 02, 2017
SunEdison Shareholder Uncovers Billions Of Dollars In Taxpayer Money Hidden In Bankruptcy
March 9, 2017
Iberdrola Warns Of The Risk From Trump To US Renewables’ Growth Plan
March 03, 2017
PSC covers up “clean energy” cost.
State regulators last week shot down efforts by utilities to show ratepayers the amount by which their electric bills are being driven up by New York’s new Clean Energy Standard.
June 6, 2016
Wind-Energy Sector Gets $176 Billion Worth of Crony Capitalism… including Iberdrola. It takes enormous amounts of taxpayer cash to make wind energy seem affordable.
Cash in the wind: New York’s wind-power giveaway
March 17, 2017
Subsidised Wind & Solar Set to Quadruple German Power Prices
Big Wind's Bogus Subsidies - Giving tax credits to the wind energy industry is a waste of time and money. Despite being famous for touting the idea that the rich don’t pay their fair share of taxes, investor Warren Buffet seems to be perfectly fine with receiving tax breaks for making investments in Big Wind.
January 16, 2017 - In New York, Wind And Solar Get Double Their Value In Subsidies
February 10, 2017
The IRS expanded the two-year development window to four years [from two years to give] … developers countless ways in which to secure the full PTC and never experience the phased-down PTC in the years 2017, 2018, and 2019.
This essay is the second in a series aimed at exposing abuses by the Obama administration in its effort to force wind power on the public.
January 10, 2018
Your Pension Isn't Safe From NY Governor Andrew Cuomo