Prior to constructing its wind turbine in Lewes, the University of Delaware conducted several studies and held multiple public meetings to identify and discuss any potential effects the turbine could have on nearby residents. One issue considered was local property values.
Evidence suggests that the turbine will have no measureable impact on nearby property values. A December 2009 report issued by the U.S. Department of Energy’s Lawrence Berkeley National Laboratory (“The Impact of Wind Power Projects on Residential Property Values in the United States: A Multi-Site Hedonic Analysis”) found that “neither the view of wind facilities nor the distance of the home to those facilities had any consistent, measurable, and statistically significant effect on home sales prices.”
For more information about the wind turbine, please visit www.ceoe.udel.edu/LewesTurbine or contact the University of Delaware Marine Public Education Office at 302-831-8083 or marinecom@udel.edu.