Riding the "Community" Wind

May 19, 2009 - 5:06pm -- Anonymous

"This year could be the start of a growth spurt for community wind, thanks to growing interest from developers and new financing options," reports Leslie Brooks Suzukamo in the article "Riding the Wind" in the St. Paul Pioneer Press.

Patty and Marty Espenson are interviewed as one of 12 family farms that jointly own the 15-megawatt Bingham Lake Wind Farm in Cottonwood County in Southern Minnesota, and they hope the extra income will help them hold onto the farm so they can pass it on to their three sons.

Community Wind in Minnesota

Windustry is cited as a source noting that Community Wind "generated more than a quarter of the state's wind-generated 1,759 megawatts." The article discusses the extension of the production tax credit (PTC) with a partial investment tax credit (ITC) as an incentive that could aid the financing of Community Wind projects. Lisa Daniels, executive director of Windustry is quoted as saying, "The production tax credit was written by big business for big business."