NORTHWOOD, Iowa — The Northwood-Kensett school district is considering selling its wind turbine that officials say has generated smaller profits than initially projected.
The school district bought the 250-kilowatt turbine about 13 years ago for an estimated $68,000, the Mason City Globe Gazette (http://bit.ly/1LeR54A ) reported. Officials had planned for the equipment to be moved to the Northwood-Kensett school campus in Northwood, but it never happened. The turbine remains at a wind farm, where it generates electricity that the district sells to Alliant Energy.
Superintendent Mike Crozier said the turbine has produced about $4,050 in total profits for the district over the past five years. Officials estimate that the equipment should generate between $12,000 and $14,000 annually, but has earned far less due to mechanical breakdowns.
Crozier said that if there's a "market out there, we'll go ahead and sell it."
"It's one of those things that if we could get what it's worth out of it, we'll go ahead and we wouldn't have to deal with it anymore," he said.
The district is informally shopping around the turbine. It would formally advertise the turbine and open it up for bid if anyone shows interest and officials decide to sell.
Information from: Globe Gazette, http://www.globegazette.com/