And would bet they are subsidized by us, the taxpayers, and also by the state they are in. The I-10 drive from LA going east is full of those wind turbines, as is West Texas. NextEra here in Florida is a typical big company division. Crops up when government subsidies become plentiful in an industry, then when the subsidies dry up they go to the next government program, all the while leaving the taxpayer to foot the true expense. Besides being such non-economical eye sores, the long term costs are unknown and will the land be able to be used for other purposes if/when these renewable energy projects fail or don’t get maintained.
Solar and wind power have to be gov subsidized as they never even recoup their startup and operating costs, from what I’ve read.
#507 26 % federal production tax credit to the developer. They then sell project to public utility that our State Public service commission (all green new deal turds) says can pass that cost on to rate payers plus 10% mark up, the annual leases paid by the utility also gets passed on to rate payers plus a 10% mark up.
It’s why the utities are pushing them. Guaranteed profit whether the wind blows or not.