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Wind energy project gets approval (MN schools)

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jpak Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-01-06 11:07 AM
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Wind energy project gets approval (MN schools)
http://www.mankatofreepress.com/local/local_story_335001753.html?keyword=secondarystory

St. Peter schools are usually focused on the business of education.

But it looks like the district will be getting into a new business venture: wind energy.

Thursday, the St. Peter School District received approval for $3 million in no interest bonds — under the federal Clean Renewable Energy Act — to invest in a wind energy project organized by Johnson Controls Inc., the districts energy efficiency coordinator.

<snip>

According to conservative company projections, the St. Peter School District would net about $30,000 of profit per year from a wind turbine for 15 years. After that — once the bonds are paid off — it is estimated the district will rake in at least $125,000 per year.

<more>
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itsmesgd Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-01-06 11:11 AM
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1. how radical an idea.
Why is it that people do not think twice about free energy? We have solar, wind, geothermal... You dont have to pay for something for it to work. I am researching solar panels for the roof, but I dont think that the neighbors would dig it if I put up a windmill.
Way to go Minn.
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