About The Project
Invenergy is excited to be working in northeastern Oklahoma where we have developed relationships with a supportive Silver Spoke landowner group. We look forward to working closely with others in the community and investing more in Osage County. While Invenergy is relatively new to Oklahoma, our wind generation experience is unparalleled and we pride ourselves on managing our projects with a long-term outlook since we ultimately own and operate the majority of our projects. Our policies, approaches and investments reflect a strong commitment to environmentally responsible, community minded clean energy development.
We are currently conducting all necessary wildlife studies and wind resource assessments. This ensures we fully understand the project area and enables us to appropriately site the project.
During the life of the project, Silver Spoke is projected to pay millions of dollars in property taxes, lease payments to landowners, salaries to employees, and payments for local goods and services, resulting in a significant increase in economic activity in the Osage County area. Local schools and county infrastructure will benefit from the increase in tax revenue.
According to the American Wind Energy Association (AWEA), Oklahoma ranks third nationwide for installed wind capacity and total wind energy generation, providing enough electricity to power the equivalent of 1.8 million average US homes in 2016. This wind energy directly translates into cost savings for electricity customers, saving customers in the Southwest Power Pool (SPP) $1.2 billion in 2013. A recent study from Oklahoma State University found that wind companies have paid nearly $134 million in ad valoreum taxes to the state since 2004, increasing revenues for local schools and county services.
The Silver Spoke project is an unparalleled development opportunity for Osage County, with millions to be invested in the local economy over the life of the project. We selected Osage County for this project after intense and careful evaluation of the following:
We take our commitment to local communities seriously and will continue to work closely with Osage County. Silver Spoke will contribute to the area's economic development while providing an additional supply of clean, homegrown energy in Oklahoma.
To avoid and minimize impacts to wildlife and other natural resources, we work with state and federal agencies and other interested stakeholders to site, build, and operate our facilities responsibly. The cornerstone of that effort is our commitment to act in accordance with the U.S. Fish and Wildlife Service’s Land-based Wind Energy Guidelines, which includes robust pre-construction wildlife and habitat surveys, early and often communication with wildlife agencies, and operational monitoring to ensure risk to wildlife is minimized.
As required by the Osage County Wind Energy Ordinance, all public roads potentially impacted by the construction and maintenance of the Silver Spoke project will be identified and inspected by an Osage County commissioner prior to construction. Silver Spoke will enter into an agreement for maintenance and repair of roads in which all wear and tear related to the project's construction and maintenance activities will be repaired at no cost to Osage County.
The Silver Spoke project will follow the Oklahoma Wind Energy Act requiring wind energy facility owners to provide financial security to cover the cost of the decommissioning within five years of the project reaching commercial operation. Decommissioning includes the removal of wind energy facilities and the restoration of the land to its original condition. This ensures the cost of decommissioning the project will not be borne by the County or landowners.