Wind farm a blow to rates?

Wind farm a blow to rates? - Waikato Times: local, national & world news from Waikato's daily newspaper

Mr Gallagher is standing for election on a "Restore Rebates" platform, where he argues the massive expense and shaky economics of the wind farm will diminish the amount of rebates or community grants Wel Networks will be able to supply in future.

"This is a real slap in the face for people hoping for more power rebates and community grants, because the company is going to be really short," he said.

"As most of the wheels have now come off the Government's climate change policy there will no longer be a carbon credit subsidy available for Wel to build the wind farm, so spending money on it is wasteful."