Saturday, March 29, 2014

Property prices unaffected by windfarms, says CEBR

#Energy Giant wind turbines have long been accused of damaging house prices. But a new report says that is not the case

Windfarms have no negative impact on the prices of property within a 5km radius of turbines, and can even push up house prices in some areas, according to an analysis of 82,000 transactions over the past two decades by the Centre for Economics and Business Research.


The financial damage to local house prices from nearby giant "eyesore" turbines is frequently cited by campaigners against windfarm developments. But independent CEBR research, commissioned by RenewableUK, the trade body for the windfarm industry, found there was no negative impact when house price data was analysed at seven sites across England and Wales, either during the planning, construction or completion phases of the project.


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