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Small Wind Energy:
BIG Opportunity for Nova Scotia
Community Groups
• What is COMFIT?
• How can you benefit?
• Who is Seaforth Energy?
We can help - checklist
Agenda
• NS Community Feed-in Tariff Program (COMFIT)
lets community groups sell fixed-rate energy
to NS Power for 20 years
• COMFIT rate in the small wind category (50kW and under) is $.499/kWh, which is ~3.5X the current market rate
• COMFIT program can provide a long term and profitable revenue stream
What is COMFIT?
• Community groups can install a 50kW turbine for $375,000 in initial costs (financing available)
• Can produce 100,000 kWh annually / unit
• Yields ~$50,000 annual revenue / unit
• Projected net profit: $500,000 / unit
What is COMFIT?
Example Community Group:
Ready to harness wind energy
Visit The Nova Scotia Wind Atlas. Yellow & higher wind can drive revenue!
• Nova Scotia based green energy company
• 15 year track record manufacturing, distribution, installation
• AOC 15/50 50kW turbine
• Worlds largest installed fleet of active turbines in its size class
Seaforth Energy
AOC 15/50 - rigorous third-party testing
NREL Test Reports Sandia National Laboratories Underwriters Laboratories Certificates
Canadian Standards Association (CSA)
See the results HERE
AOC 15/50 Turbine A leader in its class
AOC 15/50 Turbine Global install map
Installed and field tested in Canada, the United States, the Caribbean, UK, Europe, Russia, and India.
AOC 15/50 Turbine Return on investment
AOC 15/50
Installed cost $375,000
20 year service cost $90,000
Component replacements $40,000
Total projected cost $505,000
20 year output (kWh) @ 23% capacity factor $2,000,000
Total projected revenue $998,000
• One AOC 15/50 provides power for 10 average NS homes
• Potential usage wherever there is three phase power.
• Delivers attractive fixed rates through COMFIT – NS Power
• Internationally recognized durability & performance, from Nova Scotia
AOC 15/50 Turbine A leader in its class
‘Three Phase Power.’
Visit The Nova Scotia Wind Atlas
Select location with wind speed of 5.5 metre / sec.
starting on page 4
Checklist with Seaforth Energy
or greater at 30m hub height
Confirm the presence of three phase power
Identify sites that meet local setback requirements
Consult nsrenewables.ca for further COMFIT info
Consult the Application Overview and follow the steps
• Credit Union Atlantic: Flexible financing through provincial and national programs
• Farm Credit Canada: Financial services tailored toward rural renewable energy development
• Aon Reed Stenhouse: Provides specialized insurance policies for wind energy projects
• Inquire at Nova Scotia Cooperative Council
• OR major Canadian Financial Institutions
Financing
Small Wind Energy:
BIG Opportunity!
