Abstract: . . .  generation Too uncertain to attract manufacturing Encourages local manufacturing Page 18 Policy Policy Ontario Ministry of Energy announced North America’s first Standard Offer policy on March 21, 2006 • $110/MWh for wind power projects <10MW • Includes policy for PV, small hydraulic and biogas Page 19 Financial Barrier Financial Barrier Initial incorporation and studies are needed before community investment capital can be . . .
. . .  to the venture or risk capital available to commercial corporations and big business Page 20 Financial Solution Financial Solution Co-operative Fund for Community Power • Proposal to the Ontario Ministry of Energy • $10 million dollar sustainable fund • Will provide up to $400,000 of initial capital per project • Money returned to the fund when the project is commissioned Page 21 Final Lessons Final Lessons Multiply . . .
. . .  Multiply all timelines by at least two Trying to do more than one project will stretch resources too thinly: Keep your focus tight Pick an organizational and business model early on Find political champions and experts willing to provide a lot of pro bono Work with other like groups, look for partnerships Page 22  . . .
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