Resource Center News

Praxis forms 'Praxis Energy Group' for Alternative & Renewable Energy

Praxis Energy Group was formed to assist rural landowners and community leaders who possess land currently and would like to benefit from the wind resource not only by leasing their land to large wind developers who sell the wind energy but by participating in the entire economic cycle of the wind farm business model.
Others have installed their own wind turbines, individually or through local small businesses including farms, and local organizations such as schools, universities, Native American Tribes, rural electric cooperatives, municipal utilities, and even religious institutions.
These projects send dollars out of state typically to the developer and the community and farm and ranch owners do not reap the economic benefit which they could….and our belief is they should.
Praxis Energy Group allows for the region to keep more dollars in local communities, preserve local energy independence, protect the environment and increase the taxable real estate base therefore ultimately reducing local property taxes.
"The key to a successful COMMUNITY WIND PROJECT is that local community members own and have a significant financial stake in the project beyond just land lease payments and tax revenue" said Dave Roby, Chief Operating Officer of the new division. "A wind project should truly be a community-owned asset" he added.
Community wind projects can be any size, ranging from a single turbine to more than one hundred, yet typically serve local communities or consumers.
Community wind projects have been installed throughout the country and are in the planning stages in virtually every state with wind power development underway.
Community wind is a growing sector of wind development that promises to increase local energy independence and prosperity without contributing to global warming.
Praxis Energy Group has the expertise, the insight and experience to serve as the ‘pivot point’ on all essential activities required to create and assure an extremely successful community based wind project.
For more information contact Praxis Energy Group