K2 Wind Overview
- 270 MW wind power generation project with 140 Ontario-made Siemens turbines
- Annual energy equivalent of approximately 100,000 Ontario homes
- $9 million estimated in property taxes generated over 20 years
- $1,500 annual Community Renewable Energy Benefit to qualifying landowners
- $15 million contributed over 20 years to the Township of ACW for community initiatives
- More than $5 million estimated in direct spending each year of facility operations
- Average of 300 workers were onsite during project construction, with more than 400 during peak construction activity
- Approximately 20 permanent jobs on-site for operations, in addition to the use of local subcontractors
Benefits of Wind Energy
- Is an inexhaustible resource
- Benefits the environment and helps fight climate change
- Is compatible with mixed land use: grazing, agriculture, and hunting
- Creates job opportunities in local areas
- Provides a steady income to farmers and property-owners
- Strengthens the local tax base, helping to improve town services, including schools, police and fire departments
- Provides more direct economic impacts than new fossil fuel plants
- Produces energy with stable production costs, offering a hedge against other energy sources with volatile fuel markets