After talking to the W.A.I.T. folks outside – mostly local residents who would be living up close and personal with the turbines, I went inside. There were lots of Suncor people there; most of them young, very friendly and eager to put our minds at ease with answers and brochures supplied by their company and its P.R. peoplePlease read the entire article at First Monday:
When I asked how much money they were spending on the project they told me, “Three hundred million dollars,” and gave me some data on the number of hours of employment that would bring to Lambton County. We all know that work is badly needed in our community. This would be good work too since it would mean union wages and that’s good money plus they would buy a lot of cement. You would be amazed at the amount of cement used to anchor one of those things to the planet.
When I asked their people how much money they were going to be paid for the energy they would create I was told eleven and a half cents per Kilowatt hour… a number which all the protestors I talked to thought was low but which the Suncor people stood by.
The feed-in contract offer for the Cedar Point Wind Power Project was made in July 2011 when the offer was $135/MWh - over 20 years at an ~30% capacity factor the payments would be ~$700 million
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