One hundred and eighty citizens of southwestern Iowa, known as the Green Energy Farmers, have agreed to purchase six 1.6-megawatt (MW) General Electric wind turbines for a community wind development that will generate electricity for the towns of Greenfield and Fontanelle, as well as surrounding communities. The purchase builds off the success of the organization's installation of two 1.5-MW turbines, and the total capacity for the community wind farm will equal 12.6 MW of wind energy upon the project's completion. Each turbine provides benefits from tax credits, land lease royalty payments, property taxes and dividends totaling an estimated $1.08 million annually over a 10-year period.
News Release -
180 Iowa Citizens Purchase GE Wind Turbines to Support Local Farm, Community Energy Needs