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Tuesday, February 1, 2011

Owen Sound Invests in Solar

Owen Sound | by Jonathon Jackson  

City will pay more than 170 thousand dollars to install solar panels in two locations.

Owen Sound is getting into solar power generation.

Council has agreed to purchase and install ground-mounted solar panel arrays at two sites in the city -- the Kiwanis Soccer Complex and the public works building.

The city will take out a debenture to pay for the purchase and installation, which will cost 171 thousand dollars -- pus HST.

Revenues from the generation of electricity will be used to pay off the debenture.

Councillor Bill Twaddle -- the Chair of the Environmental and Waste Advisory Committee -- says the capital costs will be paid off in 10 years or less.

He adds after that -- the revenues will be clear profits for Owen Sound.

Twaddle says the two sites were chosen because they'll be relatively easy to secure -- but they'll also be visible to the public.

Twaddle says this will help make people aware of what the city is doing and why.

Owen Sound will be guaranteed a fixed price for electricity generated by the arrays under the terms of a provincial program designed to increase green energy production for the power grid.

And Twaddle says this is just the beginning.

He says it's likely the city will soon issue a request for proposals for more panels on the roof of the Harry Lumley Bayshore Community Centre.

 

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