Link here to continue reading Watertown Daily Times Wind power sometimes hurts property values, Clarkson study says
NANCY MASDEN
WEDNESDAY, JULY 20, 2011
A recent Clarkson University study found that wind power projects might depress the prices paid for surrounding properties by as much as 17 percent.
The study, “Values in the Wind: A Hedonic Analysis of Wind Power Facilities,” is based on the areas around three wind farms in Lewis, Clinton and Franklin counties. Clarkson assistant professor Martin D. Heintzelman and doctorate degree candidate Carrie M. Tuttle collected data from 11,331 residential and agricultural property transactions over nine years from Clinton, Franklin and Lewis counties.
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