Wind turbines affect property values

Studies prove property values decrease when wind turbines are two km from homes

The Alberta Climate Leadership Plan (ACL), which aims to end coal-fired electricity generation facilities by 2030, has companies like Capital Power scrambling to meet the province’s increased power needs.

To meet this increased need, Capital Power applied with the Alberta Utilities Commission (AUC) for Halkirk 2 that would see 74 wind turbine generators, a collector system and a substation erected five miles north of Halkirk. Halkirk 2 would generate 148 megawatts and meet the needs of about 500,000 Alberta homes annually. Halkirk 2 is in addition to the current Halkirk Wind Farm that has 83 turbines.

Meeting the increased power needs in cities, however, is creating land use conflicts in rural areas. The Battle River Group (BRG) is fighting Capital Power’s application for Halkirk 2. They want Paintearth County to make the wind turbine setback 1.5 km from homes instead of the proposed 500 metres. The BRG is also concerned about the wind turbines decreasing their property value.

They might be onto something.

Real estate and appraisal businesses maintain that wind power does affect property values. Michael McCann of McCann Appraisal, LLC out of Chicago said that “residential property values are adversely and measurably impacted by close-proximity of industrial-scale wind energy turbine projects to the residential properties,” if they are up to 3.2 km away. They decrease a property’s value by 35 to 40 per cent.

According to the London School of Economics, wind farms decrease property value by up to 12 per cent if the home is within a two km radius and can even affect a property’s value up to 14 km away from the home.

In fact, the Ontario Superior Court ruled in 2013 that landowners living near large wind farms suffer from lower property values. That court said it decreased property values by 22 to 55 per cent.

Clearly, wind turbines do affect landowners’ property values. Paintearth County proposes a 500-metre setback from homes. The landowners want a 1.5 km setback. Given that studies prove property values decrease when wind turbines are two km from homes, is a 1.5 km setback even enough?

Just Posted

Easter visit!

Easter Bunny makes a visit to Points West Living

Scenes from the Stettler & District Music Festival

Don’t forget to check out the Grand Concert on April 28th

Happy Easter everyone!

Youngsters are excited for the holiday

UCP candidate Nate Horner triumphs in Drumheller-Stettler riding

Horner looking forward to moving ahead with UCP policies in the coming months

Kenney talks pipelines with Trudeau after election win, calls it cordial

Almost a year ago Kenney dismissed Trudeau as a dilettante and a lightweight

Avalanche hot at the right time, cruise past Flames into second round

Avalanche onto second round with a 5-1 win over the Calgary Flames in Game 5

Parents say Austrian climber missing in Banff National Park ‘lived his dream’

David Lama, Hansjorg Auer and American climber Jess Roskelley have been missing since Wednesday

Six months after legalization, high prices and supply issues boost illicit pot market

It has been six months since Canada became the first industrialized country to legalize recreational cannabis

Kirkland Signature veggie burgers recalled due to possible metal fragments

Recalled products came in 1.7 kg packages with a best before date of Apr. 23, 2019

Flooding, climate change force Quebecers to rethink relationship with water

Compensation for victims of recurring floods limit to 50% of a home’s value, or a maximum of $100,000

Storms blast South, where tornadoes threaten several states

9.7 million people in the Carolinas and Virginia at a moderate risk of severe weather

Private cargo ship brings Easter feast to the space station

There are three Americans two Russians and one Canadian living on the space station

Notre Dame rector: “Computer glitch” possible fire culprit

The fire burned through the lattice of oak beams supporting the monument’s vaulted stone ceiling

Undercover cops don’t need warrant to email, text suspected child lurers: court

High court decision came Thursday in the case of Sean Patrick Mills of Newfoundland

Most Read