Land was purchased on Long Island by a company called Blue Sky Electricity Cooperative to install 50kW wind turbines as part of a community cooperative. A group of Italians have already invested in the project but they’re looking for an additional 25 community members to contribute to the investment in return for a dividend every year over the course of 20 years.
If members of the community participate it will mean that the project would qualify as a ‘small wind Nova Scotia Community Feed in Tariff project’ which means the company could sell the electricity from the 50Kw wind turbines for 49.9 cents a kilowatt hour. Currently, Nova Scotia Power sells electricity for 14.6 cents a kilowatt hour to its residents. The feed-in-tariff is an incentive for people and companies to invest in wind energy.
Blue Skye Electricity Cooperative is holding an information session at the Tiverton Community Hall on Tuesday, June 11 at 7 p.m.
Bruce Thompson, president of Blue Sky Electricity Cooperative, said “I hope everyone can come out and learn first-hand about what is planned, ask any question they have, and we’ll address any concerns that arise if they do… I’m confident of the merits of the project and that’s why I want people to get as much information as possible.”