Info on Wind Turbine Leases

/ Info on Wind Turbine Leases #1  

radman1

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Have been contacted by company wanting to erect about 80, 2 megawatt turbines in our area. Towers would run in 2 lines about 3 miles apart, with about 40 towers each. Many irrigation pivots and the towers would be placed at the corners of the pivots to miss the circling pivots, roughly every 1/4 of a mile. About 4-5 turbines at this time being considered on my property. The road and towers would be placed in the middle of a section and no houses along the path except the home place and then the closest tower would still be 1/2 mile away. Estimated lease would be 8-10K/tower/year and probably a % of the revenue. The biggest downside I feel are the roads that would run through the property to the towers. Any place to find more info? Any windmill lawyers out there? It is still early, but they have been conducting wind tests for the past year and are nearly completed.
 
/ Info on Wind Turbine Leases #2  
If there is one thing i have learned from the gas lease rush is get a lawyer. Get one who knows something about what your are going to do. Also waiting is not a bad thing it may push your % up. Good luck
 
/ Info on Wind Turbine Leases #3  
I would also suggest that you pay close attention to what happens if they close down. What if they tear up the property and then leave? T. Boone Pickens, who was such a major force in this boondoggle a few years ago is now pulling out and trying to sell his hardware to Canada.

Ken
 
/ Info on Wind Turbine Leases #4  
We were contacted a while back by a representative from a Land Management firm on behalf of the wind farm company. I did some research online but did not find much. The rep would travel from land owner to land owner and disuss it individually. That created some confusion so some of the locals organized a meet and greet so everyone could have an opportunity to hear the same proposal and ask questions. As I recall the revenue for each tower site in this farm was projected to be a little over $6k annually which was based upon a percentage of the total farm output. I was not that concerned about the maintenance road since I could eventually re-use the gravel. My concern was the 32'x32', 8' deep concrete structure in the field. I was assured that at end of life we would be given the option of leaving the concrete structure as is or they would chisel it down 4', haul away the debris then cover the remaining portion.

dsb
 
/ Info on Wind Turbine Leases #5  
I was assured that at end of life we would be given the option of leaving the concrete structure as is or they would chisel it down 4', haul away the debris then cover the remaining portion.

Were they going to post a bond for those costs? What if the project flopped and they went bankrupt? Even if they eventually (a big "if") work things out, you could have all that sitting there and no income for years and years while it's worked out in court.

Just saying...

Ken
 
/ Info on Wind Turbine Leases #6  
Ken,

You echo some of the concerns I had. There was no bond that I am aware of.

I did not sign a contract for various reasons however some of my friends and neighbors did.

dsb
 
/ Info on Wind Turbine Leases #7  
Noise. How far from your house? I listened to a show once and all I heard were complaints from people on how noisy they were. I haven't heard one but they described it as a deep thump, kind of like when punks are driving a mile away and you can still hear the deep base blasting from their cars.
 
/ Info on Wind Turbine Leases
  • Thread Starter
#8  
The closest tower would be 1/4 to 1/2 mile away from my parents house. I have read about a low frequency hum and the woosh sound of the blades. It so windy here most of the time, I don't know if I could hear them. :laughing: They are willing to take us to a large wind farm a few hours away. Removal of the road and take down of the tower seems to be a major cost at the end of these projects. The base of the tower is about fifty feet with cement base. We are told we can farm near to the base of the tower and under the blades. The roads are for initial construction and subsequent maintenance. I read the roads are well maintained because they are used frequently. It is estimated the project will employ 15-20 full time workers for maintenance and to monitor the operation.

No contract yet, but the project crosses several properties and most people at this time are in favor but cautious. One farmer currently has 10 or so turbines estimated for his land. Most wind farms have many towers together in 1 confined area. This one is strung out in 2 lines that are about 8 miles long for each line. The lines run 1.5 miles away but parallel to an existing high voltage transmission line. It is estimated, one, 2 megawatt tower can supply 65,000 homes. The project is in a rural part of nebraska. The guy pushing this project grew up in the area and has spent many years in the wind turbine industry. Thus the connection to our area and maybe a little more trust in the project. Nebraska electric ultilities are publicly owned. Wind turbine companies need to sell their power either locally or out of state. Nebraska law until just recently prohibited the sell of power out of state. Since the change in the law, wind power development is really changing in our state. Multiple projects are being considered. The amount of time just to attempt these projects are immense. Wind studies for 1 year, EPA studies, bird kill studies and migration effect, air ports and flight paths, contracts with several land owners, $$ paid by company into local county roads for the project (new bridges if needed, widening roads, ect)
 
/ Info on Wind Turbine Leases #9  
I work for a land management company that does all manner of oil&gas, wind power and pipeline rights of way. For sure you need to contact an EXPERIENCD attorney, not just any lawyer will do. Next, the county you live in should be requiring extensive bonding requirements, not just the individual. The bonds should cover not only private landowners but county roads, law enforcement, taxation, etc. From the landowner perspective there are about as many negatives associated with wind power projects as there are positive; in this case it's all about money. If it's money you are after then hold out for the most and get together with your adjacent neighbors to form a block. If money is not your main objective then I would tell them to forget it as your beautiful landscape will be ruined forever and the PITA to work your property around all of the company activity and ending construction isn't worth the money you will receive. Noise from the wind towers will drive you nuts after a while and they will never go away. I may buy leases for a living, but I would never agree to any amount of money if it was a wind farm on my own property.
 
/ Info on Wind Turbine Leases #11  
We have 27 of them installed here about 4 years ago. They do make a little noise. Our local attorney handled it and has handled a couple more in other areas of the state since then. The rent revenue stream and the employment for our area was great. The landowners that got them are very happy with the company. Hope this was helpful. pm if you want to know more.
 
/ Info on Wind Turbine Leases #12  
radman1 said:
Nebraska law until just recently prohibited the sell of power out of state. Since the change in the law, wind power development is really changing in our state.
I thought it was Oklahoma, where the wind comes rushing off the plains. :)
Don't know anything about the legalities, but I love wind turbines. There's a wind farm near Palm Springs where I can just sit and watch them turn for hours. Beautiful things.
 
/ Info on Wind Turbine Leases #13  
Read a story a few years ago that T. Boone Pickens wasn't in it for wind energy, he wanted the underground water rights.

mark
 
/ Info on Wind Turbine Leases #14  
Do your home work,read all you can about wind turbines.They are being fought hard in our area.The pit neighbor against neighbor,family against family;all for the all mighty buck.I am neither pro or con...they won't affect me;just what I have read in the local papers.Another thing to consider is the "Flicker" of the blades,kind of like a strobe lite.I think the ruin the landscape myself.I wouldn't want one any-where near me.
Only benefit is some short-term construction jobs and a few maintainace jobs.All of our power goes down state,no benefit to us at all.
The rage a few years ago were Co-Gen plants;they built a dozen in the area and didn't even start up most of them.
 
/ Info on Wind Turbine Leases #15  
I thought it was Oklahoma, where the wind comes rushing off the plains. :)
Don't know anything about the legalities, but I love wind turbines. There's a wind farm near Palm Springs where I can just sit and watch them turn for hours. Beautiful things.

I'm with you, I love the wind turbines. I am surrounded by hundreds of them way up here on the buffalo ridge. Can't say I've ever even noticed the sound they make.
 
/ Info on Wind Turbine Leases #16  
If there is one thing i have learned from the gas lease rush is get a lawyer. Get one who knows something about what your are going to do. Also waiting is not a bad thing it may push your % up. Good luck



Read the whole thread. I agree with forgeblast. Get a top notch lawyer, in this venue
 
/ Info on Wind Turbine Leases #17  
The closest tower would be 1/4 to 1/2 mile away from my parents house. ........
.............
It is estimated, one, 2 megawatt tower can supply 65,000 homes. The project is in a rural part of nebraska.

Go and see one of those 2 MW wind turbines from a distance of 1/4 mile, these things are absolutely huge! As for sound, 1/4 mile is very close.

If one 2 megawatt tower can supply 65,000 homes then those homes are each consuming a whopping 30 Watts! Enough to run a couple of low Wattage CFL light bulbs! And that's when the wind is blowing!
 
/ Info on Wind Turbine Leases #18  
If one 2 megawatt tower can supply 65,000 homes then those homes are each consuming a whopping 30 Watts!

Good catch! Aren't these "statistics" wonderful :laughing:

Ken
 
/ Info on Wind Turbine Leases #19  
There is a windmill near me, but that is right on the busy highway. I can see it when driving by on route 104, but its 5 miles from me. I seen a windmill farm in southwestern area of NYS and driving by is impressive when its turning. these things were HUGE!! I have not heard of any complaints except when it was first erected and no comments were made after a couple years. I have no idea if they got used to it or what.
 
/ Info on Wind Turbine Leases #20  
Sometimes folks will hit an extra zero or two while typing and I suspect that is what happened in the case of the 65,000 homes. The biggest problem with wind turbines today is that they do not pay back enough to cover costs by the time usefull life is used up. Stresses and wear & tear are big issues on these machines and it dont take long for them to wear out. It is only government subsidies that prop them up and make for some short term profit for a few folks at the expence of the average taxpayer. The cat has been out of the bag for a while now on this and if you dont get some of that profit quick, it may be a long time coming. We are currently a ways off from having wind turbines that will hold up long enough to generate real money. Distribution of power is another big issue that probably wont be resolved until the development of hydrogen-generating wind turbines which would eliminate the need for the electric transmission lines, and hydrogen burning autos that will create a demand for the product. Wind energy is a perfect source for making hydrogen but not so hot at satisfying electric demand. I would reccomend waiting a few years until the required technology is developed.
 
 
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