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HomeMy Public PortalAbout2011-09-13_KML_COMFIT_Application_pdf PRESS RELEASE FOR IMMEDIATE RELEASE September 16, 2011 MUNICIPALITY OF THE DISTRICT OF CHESTER: “GONE WITH THE WIND” MUNICIPALITY OF CHESTER – Council for the Municipality of Chester will submit an application on September 19 to develop a 2.3 megawatt wind-to-energy project under the provincial COMFIT Renewable Energy Program. COMFIT (community feed-in tariff) is an incentive program to establish an energy supply using natural and sustainable resources. Development will be at the Kaizer Meadow site where Minas Basin Pulp and Power Corporation has collected wind data for the past two years. The Municipality has agreed to use Minas Basin Pulp and Power’s services to oversee the design, construction and long-term operation of the facility. “The project cost is estimated at approximately $5 million and will generate a positive cash flow beginning in year one of just under $2 70,000,” says Allen Webber, Warden for the Municipality of Chester. He further indicates that revenue will increase annually over the 20-year life of the project to approximately $700,000 in Year 20. The Province will review all applications over 90 days and advise th e Municipality of their decision the latter part of December. “The project is consistent with the objectives of our Integrated Community Sustainability Plan by creating economic activity and reducing our carbon footprint,” Warden Webber pointed out. “Revenue will lessen our dependence on property taxes as the only way to support the growth and development of our community and its long- term sustainability.” For more information on the COMFIT program, please visit the Nova Scotia Department of Energy website at www.gov.ns.ca/energy -30- CONTACT INFORMATION: Allen Webber, Warden Municipality of the District of Chester (902) 275-3554 phone (902) 275-4771 fax (902) 275-8373 cell phone awebber@chester.ca