Falmouth Wind Turbines A Lost Financial Asset

In a paid financial report done for the Town of Falmouth by the Falmouth Select Board in 2011 :

The contract engineering company states (2011) that the town owned wind turbines with no warranty are worth only $ 300,000.00 each.

The link to the report is below with a quote.

Note # the turbines were installed in 2010 and 2012 but may have been assembled as early as 2004.

Falmouth Town Meeting approved 2.5 million to take down both town owned wind turbines in November 2019 after the court shutdown in June 2017.

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Wind Energy Facility Mitigation Alternatives Analysis Falmouth

December 2011: Relocating each wind turbine to an alternate location would cost approximately $2.0 million per

turbine

Page ES ‐ 1

"The resale value of the turbines to a third party, without a manufacturer warranty, is estimated to be on the order of $300,000 each for a total of $600,000, excluding dismantling and shipping costs. The salvage value for the steel and copper is estimated at $102,000 and the miscellaneous components, if there were a buyer for use as spare parts, is valued at $80,000, for a total estimated salvage value of $182,000, also excluding dismantling, material preparation and transportation costs. When considering dismantling, material preparation and transportation costs, the salvage value is near zero."
http://www.falmouthmass.us/DocumentCenter/View/159/Weston-and-Sampson-PDF

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The Secret History of Wind Turbine # One, Falmouth, Massachusetts USA

https://www.youtube.com/watch?v=taQTNw7B-4U