Falmouth Value of Each Wind Turbine --$300,000.00

SECTION 2-2

FALMOUTH RENEWABLE ENERGY FACILITIES MITIGATION STRATEGIES

Town of Falmouth, Massachusetts Falmouth Renewable Energy Facilities FALMOUTH RENEWABLE ENERGY FACILITIES MITIGATION STRATEGIES

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2.2 Costs to Remove Turbines and Abandon Facility

The cost for the preparation of a staging area, equipment and short term care would be on the order of $75,000, plus $35,000 per year of short or long term preventive maintenance and care.

There is a small market for used wind turbines and sale of the turbines “as is” may be possible, if there were any interested buyers.

The value of turbines would be higher if the manufacturer’s warranty were still in place and available to a new owner. Weston & Sampson contacted Blue Sky Wind, LLC of White Plains, NY, and inquired about the potential value of the turbines. Blue Sky suggested that if a warranty continued with the turbines, they would have a value in the range of $400,000 to $600,000 each.

Without a warranty, the value would be $300,000 to $400,000 each and taking them down and shipping would run $200,000 to $300,000 each depending on how far they needed to be transported.

Based on the warranty and service agreement with Vestas, no warranty would likely be available to a new Owner.

Therefore, a value for each turbine of $300,000 should be used for planning level budgeting purposes.

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