WIND TURBINE PROVIDES OVER $1,000,000 IN BENEFITS TO SCITUATE

The Town of Scituate and Scituate Wind, LLC jointly announced that the Town-hosted wind turbine at the wastewater treatment facility has reached a major economic milestone in terms of the net benefits provided to the Town from electricity production.  As of the end of 2016, the Town had received over $1,000,000 in income from hosting this renewable energy project.  This announcement was made less than two years after the joint announcement that the benefits accrued to the Town of Scituate exceeded $500,000 and before the fifth anniversary of the turbine’s commencement of operations.

Scituate Town Administrator Patricia Vinchesi said, “the wind turbine continues to accrue substantial economic benefits for the Town of Scituate while representing Scituate’s commitment to renewable energy.  Scituate, especially as a coastal community, is proud to be a leader in renewable energy generation in the Commonwealth and is pleased that, through its agreements with Scituate Wind, the Town has stabilized its energy costs for 20-years.” The agreements with Scituate Wind provide the Town with reliable energy prices for the life of the contracts while aligning the Town’s and Scituate Wind’s incentives to increase production to the benefit of the partnership.

Scituate has been recognized as a leader by the Commonwealth of Massachusetts for its commitment to renewable energy development.  Scituate hosts the wind turbine and a large solar array which, combined, produce enough electricity to power all of the Town’s municipal accounts.  The renewable energy certificates associated with the turbine project are sold to the Mass Energy Consumers Alliance, allowing all of the output from the wind turbine to be accounted for locally.

Gordon Deane, manager for Scituate Wind issued a statement saying “The Scituate Wind team, including our financing partners and operations crew, are pleased with the continued and improving operations of the wind turbine.  To date, each 12-month period has produced more financial benefits to the Town of Scituate than the previous 12-month period.  We look forward to this trend continuing for the benefit of, and maintaining our supportive working relationship with, our partner, the Town of Scituate.”

CONTACTS

Patricia Vinchesi – Email:pvinchesi@ScituateMA.gov

Gordon Deane - Email: gdeane@palmcap.com