Wind farms expected to boost economy - KSWO, Lawton, OK- Wichita Falls, TX: News, Weather, Sports. ABC, 24/7, Telemundo -

Wind farms expected to boost economy

Posted: Updated:

A boost to our area's economy is expected in the near future with new wind farms in the works.

Our panhandle will be seeing hundreds of new jobs and millions of dollars in revenue with several wind farms set to be constructed. And they're expected to boost income for area residents as well.

Tri Global Energy President Tom Carbone says, "We're essentially going to be pulling clean wind energy from the panhandle, and to service customers in the large metropolitan areas of Texas. Dallas/Fort Worth, San Antonio, Houston, Austin, etc..."

About 200 jobs in construction, administration, technical and mechanical work will be created for the projects. Precinct 4 County Commissioner of Hale County Benny Cantwell says, "Hopefully some of them will stay which will maybe purchase some homes. And not only here, but in other areas."

More than $150 million will be generated in wind power sales revenue every year. Carbone says the wind turbines will also provide electricity for oil and gas activity.

Cantwell says, "It's going to be a great boost to the economy overall. Of course, we will have an influx of construction workers which will spend money in not only Plainview, but the surrounding towns. You know, buying meals, supplies, shopping in the stores which generates sales tax."

Tax revenues generated will support the county and schools as well as bring income to landowners involved with the projects from royalty fees. Cantwell says, "Their crop production has been down the last two years. And the way it's looking right now, it may not be any better this year. But if they can get some wind turbines, they'll get revenue off that, which will boost their income. Which might encourage, you know, to invest in other things or spend money in other projects".

The goal is to turn the profits from the wind farms into new homes, businesses, and oil fields. Construction of the wind farms is expected to start by the end of next year.

Jessica Abuchaibe, NewsChannel 10.

  • Local NewsLocal NewsMore>>

  • Representative Cole seeks seventh term

    Representative Cole seeks seventh term

    Thursday, April 17 2014 7:21 PM EDT2014-04-17 23:21:23 GMT
    LAWTON, Okla._U.S. Representative Tom Cole is seeking his seventh term in congress this election year. Oklahoma is known for its oil and gas industry, it's that industry that Cole says will grow over
    U.S. Representative Tom Cole is seeking his seventh term in congress this election year.
  • Altus will see a fare increase to use Southwest Transit

    Altus will see a fare increase to use Southwest Transit

    Thursday, April 17 2014 7:15 PM EDT2014-04-17 23:15:33 GMT
    ALTUS, Okla._A fare increase in the small transit system in Altus is coming next month. That was announced Thursday at the Southwest Community Action Group's public forum. The non-profit is required to
    A fare increase in the small transit system in Altus is coming next month.
  • Ray will go to trial for murder charge

    Ray will go to trial for murder charge

    Thursday, April 17 2014 6:50 PM EDT2014-04-17 22:50:12 GMT
    LAWTON, Okla._A Lawton woman charged with the murder of her son after allegedly abusing him will go to trial. That's what a Comanche County judge ordered for Denise Ray after she waived her right to
    A Lawton woman charged with the murder of her son after allegedly abusing him will go to trial.
Powered by WorldNow
KSWO-TV, 1401 SE 60th Street
Lawton, OK 73501

Telephone: (580) 355-7000
Fax: (580) 357-3811
Email: news@kswo.com

All content © Copyright 2000 - 2014 Worldnow and KSWO. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.