During periods of peak construction, Maine wind projects have created
over 600 new jobs.
Our Economy
Renewable energy means economic security
Energy drives our economy. Supplies of fossil fuels are finite and 100%
of them come from outside Maine. This puts Maine in a vulnerable position,
with no control over fluctuating oil and gas prices. Producing
local wind energy here in Maine helps us gain control over our economic
destiny.
Wind power projects create and support jobs in rural Maine
Nearly all the people hired for wind power related work in Maine are
from Maine - including more than 600 jobs in 2008 and 2009, years of
severe economic distress. The well-paying permanent operations
and maintenance jobs created at wind projects provide benefits, cannot
be shipped overseas, and make a real difference for local families and
communities.
Government support for renewable energy is 75X LOWER than for fossil fuels
Fossil energy has been receiving some form of government support for more
than 100 years. This makes the cumulative totals for the oil and gas
industry much higher than renewables, which have been receiving government
support for only a few decades. Despite being mature industries making
record profits, fossil energy continues to receive million in federal
dollars. More importantly, renewables like wind power actually receive
far less support than did fossil fuels or nuclear energy at a similar point
in their development.
New wind power projects attract private investment in Maine’s economy
Wind developers in Maine have spent nearly $1 billion since 2004, leading
to new work for 300 Maine businesses. A stable wind power industry
will result in many additional investment opportunities, all of which
strengthen the state’s economy, provide annual tax revenues to local
communities, employ hundreds of Mainers and help support small businesses
across the state.
Wind power and tourism co-exist
Every day people continue to recreate near wind power projects in Maine.
The Appalachian Trail runs beneath the towers at Mars Hill. Snowmobilers
gather at the Stetson Wind Project each year and ride their sleds nearby
all winter. Kibby is visible from Sugarloaf and a remote campground
on the Chain of Ponds. There is plenty of proof that recreation and
tourism continues alongside an emerging wind power industry that is
creating jobs and bringing money into our economy.
Wind power development in Maine provides real benefits to local
communities
Developers in our state have long been funding local and non-profit
projects to benefit Maine residents and the environment. These investment
dollars often come as annual payments and have been used to lower local
taxes, fund public safety and educational programs in local communities,
develop new recreational trails and conserve land in Maine.
Federal policies supporting wind bring investment and tax revenue
to Maine
The U.S. Government provides incentives for wind power development because
it is an inexhaustible, clean, safe and reliable method for generating
electricity. Every federal dollar spent on a wind power project
costs each of Maine’s federal taxpayers 0.000158 of a cent, and leverages
two dollars in private investment. The total investment in infrastructure
built here is then taxed annually by the State of Maine. For decades
energy has been supported by federal payments. The major difference
with wind power is that economic benefits accrue directly to Maine.
Maine wind power is a revenue-producing product
Wind power and other forms of renewable energy are in demand in New
England. So, even if we occasionally make more electricity in Maine
than we need, the surplus is easily sold, generating revenues that pay
Maine salaries and taxes. Wind energy is a sustainable product - no
different than Maine blueberries, potatoes, lobsters, trees and scenic
places. Much of our economy is based on selling our abundant natural
resources in other markets.
Wind power has no impact on property values
Several peer reviewed studies of property sales near wind power projects
across the country have found no correlation between wind development
and property values.