Farmer- and family-owned wind power rises in Iowa
Iowa ranks third in installed wind power capacity in the U.S., it’s 5,500 megawatts behind only Texas and California (and much higher per capita). But like many windy places, the turbines sprouting from the Iowa prairie are often owned by multinational corporations, taking advantage of the local resource and sending the electricity revenue out of state.
Iowa farmer Randy Caviness saw an opportunity to keep the value of Iowa wind local and he’s helped to develop eight utility-scale wind turbines with community ownership, providing clean, local and locally owned power to municipal and rural electric utilities in southwestern Iowa.
The idea began back in 2007, when Randy had an idea to build two wind turbines for the rural electric cooperative serving nearby farming communities. With grants from the USDA rural development program, Iowa production tax credits, and the federal section 1603 cash grant incentive from the 2009 Recovery Act, the two turbines were built in 2010. With the federal incentive slated to sunset in 2011, Randy and his fellow Green Energy Farmers made plans to erect six more turbines, financed by 180 local investors.
This is the 4th edition of Local Energy Rules, an ILSR podcast that is published twice monthly, on 1st and 3rd Thursdays. In this podcast series, ILSR Senior Researcher John Farrell talks with people putting together great community renewable energy projects and examining how energy policies help or hurt the development of clean, local power.
Photo credit: Flickr user cwwycoff1