Must read all the comments!-----But wait, let me show you how this scam works.

But wait, let me show you how this scam works. John Lee Pettimore @JohnLeePettim13

"Documents filed by Xcel Energy for it’s Nobles Wind facility, 134 turbines. 

The wind turbines lasted 12 years. 

• Cost to decommission $85,533,609. 
• Cost to refurbish $204,000,000. 

But wait, let me show you how this scam works.

John Lee Pettimore @JohnLeePettim13

• Repowering wind projects allows them to requalify for the wind Production Tax Credit (PTC), a lucrative federal subsidy that expires after the first 10 years of a project’s life.
• John Lee Pettimore @JohnLeePettim13 - It should come as no surprise, then, that data from the U.S. Department of Energy shows that the wind facilities repowered in 2021 ranged in age from 9 to 16 years old with the median age being 10 years.
• John Lee Pettimore@JohnLeePettim13 - In essence, the lucrative federal subsidies paid to wind turbine operators are creating a perverse incentive to prematurely refurbish or replace wind projects long before the end of their useful lifetimes, including the Nobles wind project in Minnesota.
• John Lee Pettimore @JohnLeePettim13 - As Warren Buffet said, "For example, on wind energy, we get a tax credit if we build a lot of wind farms. That's the only reason to build them. They don't make sense without the tax credit."
• John Lee Pettimore @JohnLeePettim13 - You see while the wind production tax credit make many rich, it's harmful for  taxpayers and energy consumers. How the #GreenEnergy scam works.