New Study Confirms Wind Energy Does Not Reduce Property Values
As the development of utility-scale wind energy projects has become more prevalent in this country, communities have asked how these projects might affect their property values. Researchers have been working hard to answer this question scientifically by studying hard data. In 2013, Lawrence Berkeley National Laboratory (LBNL) published the most extensive study to date on property transactions near wind farms. Its conclusion?
“… the core results of our analysis consistently show no sizable statistically significant impact of wind turbines on nearby property values.”
—2013 Study by Lawrence Berkley National Laboratory
About the Study
Researchers analyzed 51,276 home sales near 67 wind farms in 27 counties across 9 U.S. states.
- All homes were within 10 miles of wind facilities
- 1,198 sales were within 1 mile of a turbine
- 331 sales were within 1/2 mile of a turbine
- Data was collected before, during and after wind farm construction