The wind discussion took most of the discussion time at the floor meeting that was left over after repeated paper ballots for elections.
Selectman Alden Warner survived a challenge from Robin Clark, receiving 105 votes to Clark's 56.
Several incumbents were defeated. Lowell school board incumbent Kevin Hodgeman lost to Gilles Bathalon, 63 votes to 91.
And incumbent North Country Union High School director Diane Geoffroy was defeated by George Swanson, 44 to 92.
Voters voted to create the savings reserve fund for supplemental wind payments that were left over after the municipal budget and costs are met, a fund that only voters at town meeting or in a special vote could put to use.
Lerry Chase tried to interest voters in only covering half of the municipal budget with the Lowell wind tax payment, suggesting that 50 percent be set aside for future need.
But voters and select board members rejected that idea.
"A lot of people supported this wind project for the sake of a tax break," Selectman Richard Pion said.
Several voters suggested that people may want to move to Lowell because of the lack of municipal taxes.
Others suggested that the town could revisit what to do with the money another year, once the entire tax and budget picture with full wind project payments are understood.
The town still must pay statewide education property taxes, which amount to two-thirds of the tax bill, re-elected treasurer Pam Tetreault said.
Voters did decide to take the partial first-year payment of $103,000 from GMP -- based on turbines operating for a small part of 2012 -- and split it in two.
Of that, $50,000 will go to offset the outstanding $130,000 loan taken out last year to deal with flood damage and $53,000 will go into the reserve fund of wind project payments.
Voters approved town and school budgets without discussion.