How are landowners paid for having a wind turbine on their property?
In order to put wind turbines on a particular property, landowners sign an agreement which grants IER and its business partners the right to erect wind turbines, power lines, and roads on the property. Landowners receive a per-year rental fee for each turbine on the property and/or some percentage of revenues generated from the turbines. Agreements can vary. However, even if the wind turbine does not produce any electricity in the year, landowners are still typically guaranteed a minimum payment. 3. Will my real estate taxes increase due to this project Developers normally incur any of the additional real estate taxes due on the property in connection with the development of the wind generation facility. This arrangement typically extends through the entire term of the lease agreement.
