Ontario wind power bringing down property values


The CBC is reporting loss of property values as a result of policies concerning wind power.

Ontario‘s rapid expansion in wind power projects has provoked a backlash from rural residents living near industrial wind turbines who say their property values are plummeting and they are unable to sell their homes, a CBC News investigation has found.

Wind turbines are shown near Port Alma, Ont

Wind turbines are shown near Port Alma, Ont., near the shores of Lake Erie. CBC News has documented scores of families who've discovered their property values are going downward. (Dave Chidley/Canadian Press)

The government and the wind energy industry have long maintained turbines have no adverse effects on property values, health or the environment.

The CBC has documented scores of families who’ve discovered their property values are not only going downward, but also some who are unable to sell and have even abandoned their homes because of concerns nearby turbines are affecting their health. …

Meanwhile, the industry rejects claims of lower land values.

“Multiple studies, and particularly some very comprehensive ones from the United States have consistently shown the presence of wind turbines does not have any statistically significant impact on property values,” says Robert Hornung of the Ottawa-based Canadian Wind Energy Association (CANWEA).

While acknowledging a lack of peer-reviewed studies in Ontario, Hornung says CANWEA commissioned a study of the Chatham-Kent area, where new wind turbines are appearing, and found no evidence of any impact on property values. …

More (Click here)

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One Response to Ontario wind power bringing down property values

  1. Pingback: Wind Turbines for Homes: Pros and Cons

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